đá bóng trực tiếpPreferential credit policies for people who have completed their prison sentences in Vietnam

Hello, Lawnet would like to answer as follows:

On August 17, 2023, đá bóng trực tiếp Prime Minister signedQuyết định 22/2023/QĐ-TTgon credit for people who have completed their prison sentences. In particular, regulations on preferential credit policies for people who have completed their prison sentence are as follows:

1. Subjects and loan conditions in Vietnam

Borrowers and loan conditions include:

- Borrower

+ People who have completely served their prison sentence include people who have completed serving their prison sentence and have been issued a certificate of completion of their prison sentence as prescribed in đá bóng trực tiếp Law on Execution of Criminal Sentences and đá bóng trực tiếp person granted amnesty has been granted a certificate of amnesty specified in đá bóng trực tiếp Law on Special Amnesty;

+ Production and business establishments include small and medium-sized enterprises, cooperatives, cooperative groups, and business households that employ workers who have completed prison sentences.

- Loan conditions

+ People who have completed their prison sentence: Need a loan; whose names are on đá bóng trực tiếp list of people who have finished serving đá bóng trực tiếp prison sentence, reside in đá bóng trực tiếp locality, abide by đá bóng trực tiếp provisions of đá bóng trực tiếp law, and do not participate in social evils, established by đá bóng trực tiếp commune-level police and certified by đá bóng trực tiếp Commune People's Committee according to Form No. 01 attached toQuyết định 22/2023/QĐ-TTg. đá bóng trực tiếp maximum time from đá bóng trực tiếp time of serving đá bóng trực tiếp prison sentence to đá bóng trực tiếp time of borrowing capital is 05 years;

+ Production and business establishments: Established and operating legally according to đá bóng trực tiếp provisions of law; employ at least 10% of đá bóng trực tiếp total number of employees who have finished serving đá bóng trực tiếp prison sentence and meet đá bóng trực tiếp conditions specified at Point a, Clause 2, Article 3 ofQuyết định 22/2023/QĐ-TTgand sign a labor contract according to đá bóng trực tiếp provisions of labor law; have a loan plan and have it confirmed by đá bóng trực tiếp Commune People's Committee where đá bóng trực tiếp plan is implemented according to Form No. 02 attached toQuyết định 22/2023/QĐ-TTg.

- People who have completed their prison sentence and production and business establishments specified in Clauses 1 and 2, Article 3,Quyết định 22/2023/QĐ-TTgmust be in đá bóng trực tiếp case of having no outstanding debt at đá bóng trực tiếp Bank for Social Policies for other credit programs with đá bóng trực tiếp same loan purpose for vocational training and production, business, and job creation according to đá bóng trực tiếp provisions of law.

According to đá bóng trực tiếp provisions of Article 3 ofQuyết định 22/2023/QĐ-TTg.

2. Loan methods for people who have completed their prison sentences in Vietnam

- For people who have completed their prison sentence

+ Implement lending methods through households. đá bóng trực tiếp representative of đá bóng trực tiếp household of đá bóng trực tiếp person who has finished serving đá bóng trực tiếp prison sentence is đá bóng trực tiếp person who borrows money and makes transactions with đá bóng trực tiếp Bank for Social Policies. In case there is no longer a member of đá bóng trực tiếp household who is 18 years of age or older or đá bóng trực tiếp remaining member no longer has đá bóng trực tiếp ability to work or does not have full civil act capacity according to đá bóng trực tiếp provisions of law, people who have completed their prison sentence directly borrow capital at đá bóng trực tiếp Bank for Social Policies;

+ đá bóng trực tiếp Social Policy Bank where đá bóng trực tiếp lender makes loans by entrustment method to socio-political organizations.

- For production and business establishments

đá bóng trực tiếp Bank for Social Policies, where đá bóng trực tiếp loan is made, directly lends.

According to đá bóng trực tiếp provisions of Article 4 ofQuyết định 22/2023/QĐ-TTg.

3. Purpose of using loan capital and level of loan capital in Vietnam

Purpose of using a loan

- For loans for vocational training:

Expenses for studying and living expenses of people who have completed their prison sentence while studying at universities (or equivalents to universities), colleges, professional secondary schools, and vocational education establishments established and operating in accordance with Vietnamese law. This cost includes: tuition, expenses for purchasing books and learning aids, and travel and accommodation expenses.

- For loans for production, business, and job creation:

Expenses for production, business, and job creation include expenses for đá bóng trực tiếp performance of production, business, and job creation activities.

Loan capital level

- For loans for vocational training

đá bóng trực tiếp maximum loan capital is 04 million VND/month/person who has completed their prison sentence.

- For loans for production, business, and job creation

+ People who have completed their prison sentence: Maximum loan amount is 100 million VND/person who has completed their prison sentence;

+ Production and business establishments: Maximum loan capital is 02 billion VND/project and not more than 100 million VND/employee at đá bóng trực tiếp production and business establishments.

According to đá bóng trực tiếp provisions of Article 5 and Article 6 ofQuyết định 22/2023/QĐ-TTg.

4. Loan term, Loan interest rate in Vietnam

Loan term for people who have completed their prison sentence

- Forloans for vocational training:

+ Loan term is đá bóng trực tiếp period of time calculated from đá bóng trực tiếp date đá bóng trực tiếp person who has completed his prison sentence begins receiving đá bóng trực tiếp loan until đá bóng trực tiếp date đá bóng trực tiếp debt is fully paid (principal and interest). đá bóng trực tiếp loan term includes đá bóng trực tiếp loan disbursement period and đá bóng trực tiếp debt repayment period;

+ Loan issuance term is đá bóng trực tiếp period of time from đá bóng trực tiếp date đá bóng trực tiếp person who has completed his prison sentence receives đá bóng trực tiếp first loan until đá bóng trực tiếp date đá bóng trực tiếp course ends, including đá bóng trực tiếp time when a person who has completed his prison sentence is allowed by vocational training establishments to leave school for a certain period of time and have his or her study results preserved (if any);

+ đá bóng trực tiếp debt repayment period is divided into repayment periods prescribed by đá bóng trực tiếp Bank for Social Policies, as follows:

For training programs with a training period of no more than one year, đá bóng trực tiếp maximum repayment period is 2 times đá bóng trực tiếp loan issuance period.

For other training programs, đá bóng trực tiếp maximum repayment period is equal to đá bóng trực tiếp loan issuance period.

- For loans for production, business, and job creation

Maximum loan term is 120 months. đá bóng trực tiếp specific loan term is considered and decided by đá bóng trực tiếp Bank for Social Policies based on capital sources, production, business cycles, and đá bóng trực tiếp borrower's ability to repay debt.

Interest rates

- đá bóng trực tiếp loan interest rate is equal to đá bóng trực tiếp lending interest rate for poor households prescribed from time to time.

- Overdue debt interest rates are 130% of loan interest rates.

According to đá bóng trực tiếp provisions of Article 8 and Article 9 ofQuyết định 22/2023/QĐ-TTg.

Thus, people who have completed their prison sentence can borrow a maximum of 100 million VND for production and business

Best regards!

PleaseLoginto be able to download