(vasep.com.vn) In July 6th 2012, Ministry of Agriculture and Rural Development (MARD) issued the official letter No. 2056/BNN-CB recommending the Prime Minister to reconsider, supplement and amend the Prime Minister’s Decision No. 63/2010/QĐ-TTg on policies of reducing post-harvest losses of agricultural and aquatic products.
To gain the target of 50 percent minimum reduction of post-harvest losses of agricultural and aquatic products by 2020, promote the development of the fisheries industry, develop domestic field of machineries, MARD petitioned the Prime Minister to consider, amend and supplement some regulations in the Decision No. 63/2010/QĐ-TTg and the Decision No. 65/2011/QĐ-TTg as follows
1. The followings are supplemented into the Article 1 of the Decision No. 63/2010/QĐ-TTg:
- Farmers, investors who purchase machinery and equipment belonging to the list of machinery and equipment issued by MARD continue to enjoy preferential policies as currently regulated.
- Households, individuals that have demand of purchasing some imported machineries and equipments can enjoy loans equal to 70 percent of value of that commodity. The government will support 70 percent of interest rate in the first two years, 35 percent of interest rate in 3 following years.
The time for implementing loans lasts to December 31st 2016.
2. Amending the provision 3, article 2 of the Decision No. 63/2010/QĐ-TTg as follows: The government compensates for the disproportion between commercial interest rate and credit interest rate for development investments.
As regulated in the article, commercial banks offer loans under the direction of the State Bank of Vietnam (SBV).
KT