Capital Levels, Terms, and Interest Rates for Investment from the Social Insurance Fund into Projects by the Prime Minister of the Government of Vietnam

15:53, 10/07/2024

Decree 30/2016/ND-CP issued by the Government of Vietnam prescribes detailed regulations on investment activities from social insurance funds, health insurance funds, and unemployment insurance funds.

According to the provisions of Decree 30/2016/ND-CP, the investment capital, investment time limit, and investment interest rate of the Social Insurance Fund, Health Insurance Fund, and Unemployment Insurance Fund for important projects as decided by the Prime Minister of Vietnam are implemented as follows:

- The investment capital for each project is based on the needs of the investor, the investment plan of the fund approved by the Vietnam Social Security Management Council, and the investment capital ratio;- The investment time limit depends on each project but does not exceed 5 years;- The investment interest rate must ensure it is not lower than the issuance interest rate of Government bonds of Vietnam with the same term at the closest time within the last 3 months before the investment date, excluding related fees. In case no Government bonds of Vietnam with the same term were issued in the 3 months before the investment date, the interest rate shall be agreed upon by Vietnam Social Security and the investor, but it must ensure it is not lower than the interest rate for investment in the form of depositing money.

Decree 30/2016/ND-CP is effective from June 16, 2016.

- Thanh Lam -

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