Where to download an application form for loans to support job creation, maintenance, and expansion for employees in Vietnam?
- Where to download an application form for loans to support job creation, maintenance, and expansion for employees in Vietnam?
- What are methods of providing loans to support job creation, maintenance, and expansion for employees in Vietnam?
- What are the principles for providing loans to support job creation, maintenance, and expansion in Vietnam?
Where to download an application form for loans to support job creation, maintenance, and expansion for employees in Vietnam?
Application form for loans to support job creation, maintenance, and expansion for employees made using Form No. 1a - List of forms issued with Instruction 8055/NHCS-TDSV 2019 is specifically as follows:
Download the latest application form for loans to support job creation, maintenance, and expansion for employees here.
Where to download an application form for loans to support job creation, maintenance, and expansion for employees in Vietnam?
What are methods of providing loans to support job creation, maintenance, and expansion for employees in Vietnam?
The methods of providing loans to support job creation, maintenance, and expansion for employees are specified in Section 9.1 of Section 9 of Instruction 8055/NHCS-TDSV 2019 as follows:
Loan methods and approval authority for loan applications:
9.1 Loan methods:
a) For production and business establishments:
The Vietnam Bank for Social Policies (VBSP) directly provides loans at the provincial branch or district transaction office (referred to as the lending VBSP).
b) For employees:
- Employees borrowing capital from the sources managed by the central agency of the Vietnam General Confederation of Labor, Vietnam Cooperative Alliance, Vietnam Blind Association: VBSP directly provides loans to employees at the lending VBSP.
- Employees borrowing capital from the sources managed by the People's Committee at provincial level, the central agency of the Vietnam Women's Union, Ho Chi Minh Communist Youth Union, Vietnam Farmers' Union, Vietnam Veterans Association: VBSP directly provides loans to employees who are entrusted with some tasks in the loan process for political and social organizations, and through the Savings and Loan unit as per the current regulations of VBSP.
9.2 Approval authority for loan applications:
a) For projects funded by the People's Committee at provincial level: The Chairman of the district-level People's Committee where the project is implemented reviews and approves.
b) For projects funded by the central agency of the Vietnam General Confederation of Labor, Vietnam Cooperative Alliance, Vietnam Blind Association, Vietnam Women's Union, Ho Chi Minh Communist Youth Union, Vietnam Farmers' Union, Vietnam Veterans Association (referred to as the implementing organization): The Head of the provincial-level agency of the implementing organization reviews and approves.
c) For projects funded by the mobilized capital of VBSP and the entrusted capital VBSP receives from localities, organizations, individuals in and outside the country to provide loans to support job creation, maintenance, and expansion: The Director of the lending VBSP reviews and approves.
Therefore, the loan support for job creation, maintenance, and expansion for employees follows the following methods:
- Employees borrowing capital from the sources managed by the central agency of the Vietnam General Confederation of Labor, Vietnam Cooperative Alliance, Vietnam Blind Association: Vietnam Bank for Social Policies (VBSP) directly provides loans to employees at the lending VBSP.
- Employees borrowing capital from the sources managed by the People's Committee at provincial level, the central agency of the Vietnam Women's Union, Ho Chi Minh Communist Youth Union, Vietnam Farmers' Union, Vietnam Veterans Association, and the sources mobilized by VBSP and the entrusted capital VBSP receives from localities, organizations, individuals in and outside the country to provide loans to support job creation, maintenance, and expansion:
VBSP directly provides loans to employees who are entrusted with some tasks in the loan process for political and social organizations, and through the Savings and Loan unit as per the current regulations of VBSP.
What are the principles for providing loans to support job creation, maintenance, and expansion in Vietnam?
Pursuant tothe provisions of Section 3 of Instruction 8055/NHCS-TDSV 2019, the principles for providing loans to support job creation, maintenance, and expansion are as follows:
Loan principles:
3.1. Borrowers must use the loan capital for the intended purpose stated in the loan application.
3.2. Borrowers must repay the loan principal and interest on time.
Therefore, in order to provide loans to support job creation, maintenance, and expansion, the following principles must be ensured:
- Borrowers must use the loan capital for the intended purpose stated in the loan application.
- Borrowers must repay the loan principal and interest on time.
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