Interest rate support

03/01/2014 12:05:51 SA

The legal documents

  • Decision No. 35/2008/QD-TTg dated 03/3/2008 of the Prime Minister on the organization and operation of Vietnam Environment Protection Fund.
  • Decision No. 82/2002/QD-TTg dated 26/6/2002 of the Prime Minister on the establishment, organization and operation of Vietnam Environment Protection Fund.
  • Decision 2031/QD-BTNMT dated 13/10/2008 of the Ministry of Natural Resources and Environment on promulgating the Regulation on organization and operation of Vietnam Environment Protection Fund.
  • Circular 93/2003/TT-BTC  dated 06.10.2003 of the Ministry of Finance guiding the financial management regime for Vietnam Environment Protection Fund
  • Decision 24/QD-HDQL dated 12/01/2004 of the Environmental Protection Fund Management Board of Vietnam promulgating the regulation on loan with preferential interest rates, loan interest rate support, financing and co- sponsored by the Vietnam Environmental Protection Fund.
  • Decision 05/QD-HDQL October 25, 2010 the Chairman of the Management Board of the Vietnam Environment Protection jurisdiction post-investment interest rate support of the Director of the Environmental Protection Fund of Vietnam.
  • Decision 01/QD-HDQL March 9, 2012 the Chairman of the Management Board of the Vietnam Environmental Protection approving the post-investment interest rate support in 2012 and interest rate support competence Investment Director of Vietnam Environment Protection Fund.

Loan interest rate support object

  • Organizations and individuals borrowing from foreign credit institutions licensed to operate in Vietnam Fund to carry out the programs, projects, activities and tasks of national environmental protection, joint branches, regions or solve local environmental problems, but the scope of influence in the fields of prevention, pollution, degradation and environmental problems.

Deployment mode

  • Investors only receive project support an interest rate (01) times for investment loans (excluding overdue loans) within the total investment of the project is the competent authority approval. The determination of the level of support loan interest rate loan based on the total amount of capital of investors from the credit chwucs to investment and the interest rate at the time of the loan not exceed 50% of the ceiling interest rate set by the Ministry of Finance announced at the time of signing the contract interest rate support.

The conditions to be considered for the loan interest rate support

  • Project management agencies state environmental certification is effective project implementation tasks Count environmental protection or environmental issues.
  • The project was completed and put into use, the loan has been repaid.
  • The project is not a preferential interest loans or financed by the Fund's working capital and certified by the competent authorities about this.
  • To Fund approved after evaluation of dossiers interest rate support and contract loan interest rate support.