This post is also available in: Tiếng Việt (Vietnamese)
On February 4th, 2016, the State Bank of Vietnam issued Circular No. 01/2016 / TT-NHNN guiding the development policy loan ancillary industries as defined in Decree No. 111/2015 / ND-CP dated November 3rd 2015 by the Government on the development of ancillary industries.
This Circular specifies loan policy for the Project related to priority development of ancillary products. Accordingly, VND short-term interest rates for loans of the Project related to priority development of ancillary products which are applied by branches of foreign banks and credit institutions will not exceed ones regulated by the State Bank of Vietnam for some economic sectors, industries.
This Circular comes into effect from February 22nd, 2016.
Please see the Circular: Here