On September 27, 2024, the Prime Minister of the Government of Vietnam issued Official Telegram 100/CD-TTg regarding the focus on directing and implementing rapid measures for the recovery of agricultural production following No. 3 Typhoon and subsequent floods in Vietnam.
In the case of an interest-bearing loan where the borrower does not repay or fully repay by the due date in Vietnam, the borrower must pay interest on the principal debt, interest on the overdue interest, and interest on the overdue principal amount not yet repaid. How are these interest amounts calculated?
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