The Ministry of Finance has recently issued Circular No. 189/2014 / TT-BTC stipulating the interest rate of State investment and export credit and post investment subsidy rate.
Accordingly, State investment credit in VND reduced from 10.5% /year to 9.6% /year, export credit in VND from 7.8% /year to 7.2% /year.
The interest rate difference for projects eligible to post investment subsidy is kept at 2.4% / year.
The above interest rates for State Investment and export credit are applied for disbursements made since December 11th , 2014 . Post investment subsidy will be calculated on payments to credit institutions accounts since December 11th, 2014.
This Circular replaces Circular No. 108/2014 / TT-BTC dated November 11th, 2014 regulating interest rates of State investment credit, export credit and post investment subsidy.