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New interest rates applied for investment and export credits

VNGOP – The Ministry of Finance (MoF) announced new interest rates for investment credit, export credit and interest rate difference for post-investment subsidy.

July 01, 2008 7:05 AM GMT+7

New interest rates will be applied for investment and export credits

Accordingly, the interest rates for investment credit loans will be 12% per year (in Vietnamese dong) and 7.8% per year (in foreign currencies). The respective interest rates for export credit loans are 14.4% and 7.8% per year. The interest rate differences for post-investment subsidy are 3.9% per year and 0.96% in Vietnamese and foreign currencies respectively.

For the investment projects on socio-economic infrastructure, on rural development, and in the regions with socio-economic disadvantages, the interest rates for investment credit loans will be below 0.6% per year for both Vietnamese dong and foreign currencies.

By Thùy Dung