11 types of revenue from business activities of the Vietnam Development Bank

11 types of revenue from business activities of the Vietnam Development Bank​ (Illustrative image)

Circular 111/2007/TT-BTC stipulates that the revenue of the Vietnam Development Bank is all revenues arising from various operational activities and other services of the Vietnam Development Bank. Among them, the 11 revenue items from operational activities include:

- Revenue from the interest receivables (including on-time interest and penalty interest) of investment loan projects of the Vietnam Development Bank (excluding interest from ODA loan activities, entrusted funds from localities, organizations within and outside the country); penalty interest from projects guaranteed but not repaid on time, requiring the Vietnam Development Bank to make the payment instead;

- Revenue from export credit loan interest;

- Revenue from interest on deposits of the Development Bank deposited at the State Treasury and domestic banks;

- Revenue from entrusted capital disbursement and loan service fees;

- Revenue from interest rate difference compensation;

- Revenue from management fees for domestic funded loan projects;

- Revenue from management fees for ODA funded loan projects following the Regulation on relending issued by the Prime Minister of the Government of Vietnam;

- Revenue from management fees for other activities;

- Revenue from exchange rate differences;

- Revenue from payment, information, and treasury services;

- Revenue from other operational and service activities.

Details can be found in Circular 111/2007/TT-BTC, which comes into effect in Vietnam from October 10, 2007.

Ty Na

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