Vietnam: List of areas entitled to the prioritized assistance of small and medium-sized enterprise development Fund

The Ministry of Planning and Investment of Vietnam issued Circular No. 13/2015/TT-BKHĐT promulgating the list of areas entitled to the prioritized assistance and criteria for selection of subjects entitled to the prioritized assistance of small and medium-sized enterprise development Fund.

According to Circular No. 13/2015/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, the small and medium-sized enterprise (SME) development Fund established under the Decision No. 601/QD-TTg dated April 17, 2013 shall make prioritized loan to the Enterprise having investment project and business and production plan under one of the economic sectors classified according to the economic sector System of Vietnam issued in Decision No. 10/2007/QD-TTg dated January 23, 2007 of the Prime Minister of Vietnam, including:

- Agriculture, forestry and fisheries;

- Manufacturing and processing industry;

- Water supply, management and treatment of waste and wastewater.

Based on the oriented development of small and medium-sized enterprises approved by the Prime Minister from time to time, the Fund shall develop the Program for assistance to enterprises having feasible investment projects and business and production plans of the areas specified above.

Besides, Circular No. 13/2015/TT-BKHĐT stipulates that the Enterprise shall be entitled to capital from the Fund when meeting the following criteria and conditions:

- The criteria for small and medium-sized enterprises specified in Article 3 of this Circular.

- Has investment projects and business and production plans specified in Article 5 of this Circular.

- The conditions specified in Article 7 of Decision No. 601/QD-TTg of the Prime Minister of Vietnam.

View more details at Circular No. 13/2015/TT-BKHĐT of the Ministry of Planning and Investment of Vietnam, effective from December 13, 2015.

Thu Ba

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