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ARTICLE · 08 JANUARY 2024

Decree 78 On State Investment Credit

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On 7 November 2023, the Government issued Decree No. 78/2023/ND-CP ("Decree 78") amending and supplementing Decree No. 32/2017/ND-CP dated 31 March 2017...

VietnamFinance and Banking
Duc Tran
Duc Tran
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On 7 November 2023, the Government issued Decree No. 78/2023/ND-CP (“Decree 78”) amending and supplementing Decree No. 32/2017/ND-CP dated 31 March 2017 (“Decree 32”) on State investment credit. Accordingly, many important articles related to state investment loans such as credit lending conditions, cases of credit overextensions, and loan interest rates... have been adjusted by the Government, these changes are expected to make it more convenient and provide more clarity for businesses, agencies, organizations, and individuals when utilizing state investment credit in the coming time.

Decree 78 takes effect from 22 December 2023.

This update will highlight some significant changes

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