VISITORS

Administrative Procedures

VBSP WITH ADMINISTRATIVE REFORM IN BUSINESS OPERATION

Early in 2007, Vietnam’s Government officially launched the Project of Administrative Reform on state management for the period 2007-2010 (hereinafter referred to Project No.30). The project has three phases: review, simplify and reform the administrative procedures.

In the framework of Project No.30 supervised by the Prime Minister, VBSP had effectively reviewed and simplified its administrative procedures on the way to ensure simplification, convenience and high productivity. Consequently Vietnam’s Government issued the Resolution No. 64/ND-CP dated 21 December 2010 on the administrative reform for VBSP’s procedures. Accordingly, over 100 following procedures among total 139 publicized ones of the VBSP have been reformed upon supplement, amendment, and abrogation. The details are as follows.

LIST OF PROCEDURES

FIRST PUBLICATION:

*ORDER.*	NAME OF PROCEDURES
PART A: CREDIT ACTIVITIES
1	Lending to the poor
2	Lending to the near-poor
3	Lending to just escaped from poverty households
4	Lending to the poor in poor district
5	Labor export in poor districts
6	Labor export to Korea
7	House to avoid floods in Central region
8	Lending to extremely disadvantaged minor ethnic households
9	Lending to poor minor ethnic households according to Decision 755
10	Labor export for minor ethnic households
11	Labor export for ethnic minorities in Cuu Long river delta
12	Land redeem for the poor in Cuu Long river delta
13	Vocational training for ethnic minorities in Cuu Long river delta
14	Interest payment in cash (through SCGs)
15	Debt repayment in cash (for SCGs' members)
16	Savings deposit through SCGs
17	Direct deposit and withdrawal for SCGs' members
18	Interest payment by bank transfer (through SCGs)
19	Interest and debt repayment in cash for members of SCGs
20	Debt repayment by bank transfer through SCGs
21	Changing loan purpose
22	Loan up to VND 50 million under Decision 75
23	Loan over VND 50 million under Decision 75
24	Housing loans for poor households under Decision 33
25	Loans to households in poor district whose land has been recalled under Decision 63
26	Loans up to VND 50 million for single workers from poor households and ethnic minorities to work abroad
27	Loans above VND 50 million for single workers from poor households and ethnic minorities to work abroad
28	Loans up to VND 50 million for poor households and ethnic minorities to work abroad
29	Loans above VND 50 million poor and ethnic minorities households to work abroad
30	Loans up toVND 50 million for single workers to work abroad in accordance to Decree No. 612015NĐ-CP
31	Loans above VND 50 million for single workers to work abroad in accordance to Decree No. 612015NĐ-CP
32	Approval procedures for loans up to VND 50 million for households borrowing to work abroad in accordance to Decree No. 612015ND-CP
33	Approval procedures for loans over VND 50 million for households borrowing to work abroad in accordance to Decree No. 612015NĐ-CP
34	Approval procedures for loans up to VND 50 million for single workers whose lands were subjected to land acquisition to work abroad in accordance to Decree No. 632015NĐ-CP
35	Approval procedures for loans above VND 50 million for single workers whose lands were subjected to land acquisition to work abroad in accordance to Decree No. 632015ND-CP
36	Approval procedures for loans up to VND 50 million for households whose lands were subjected to land acquisition to work abroad in accordance to Decree No. 632015ND-CP
37	Approval procedures for loans above VND 50 million for households whose lands were subjected to land acquisition to work abroad in accordance to Decree No. 632015ND-CP
38	Loan approval for disadvantaged students borrowing through households
39	Procedures for approval of loans to disadvantaged students orphaned by both parents, or only orphaned by father or mother but the remaining person is unable to work.
40	Approval procedures for Rural water and sanitation loans
41	Approval procedures Rural Income Diversification Project in Tuyen Quang (RIDP)
42	Approval procedures for the Project of Participatory Resources Management in Tuyen Quang Province (IFAD project)
43	FSDP- borrowers taking part in Savings and Credit groups and borrow up to VND 50 million
44	FSDP- borrowers taking part in Savings and Credit groups and borrow over VND 50 million
45	FSDP- borrowers do not take part in Savings and Credit group
46	HIV, drug addicts after detoxification, rehabilitated sex workers
47	Borrowing up to VND 50 million from Nippon project
48	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on the unemployed in domestic enterprises facing with difficulties due to economic crisis for households in the job creation scheme from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
49	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on jobless migrant workers who have to come back home before definite due term due to enterprises facing with difficulties from economic crisis for households from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
50	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on jobless migrant workers who have to come back home before definite due term due to enterprises facing with difficulties from economic crisis for household groups with loan size of less than VND 100 million from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
51	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on the unemployed in domestic enterprises facing with difficulties from economic crisis for household groups with the loan size of less than VND 100 million from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
52	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on the unemployed in domestic enterprises facing with difficulties from economic crisis for household groups with the loan size of VND 100 million - VND 500 million from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
53	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on jobless migrant workers who have to come back home before definite due term due to enterprises facing with difficulties from economic crisis for household groups with the loan size of VND 100 million - VND 500 million from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
54

*ORDER.*	NAME OF PROCEDURES
PART A: CREDIT ACTIVITIES
1	Procedure for loan approval in lending to poor households
2	Procedure for loan approval in lending to policy beneficiaries working abroad
3	Procedure for loan approval in lending to disadvantaged ethnic minority households
4	Procedure for loan approval in housing lending to poor households
5	Procedure for loan approval in lending to disadvantaged ethnic minority households in Mekong Delta River period 2008-2010
6	Procedure for loan approval with preferable interest rate in lending to poor households in 61 poor districts
7	Procedure for repeat loan in lending to poor households
8	Procedures for loan rescheduling in lending programs that borrowers join SCGs
9	Procedure for loan approval in lending to disadvantaged students who have lost both parents or lost mother or father but the rest one is disable.
10	Procedure for loan approval in lending to disadvantaged students through their households
11	Procedures for loan approval in job creation lending to households under the capital resource managed by the Vietnam General Confederation of Labor, the Vietnam Cooperative Alliance; the Vietnam Blind Association and Ministry of Defense.
12	Procedures for loan approval in job creation lending to household group under the capital resource managed by the Vietnam General Confederation of Labor, the Vietnam Cooperative Alliance; the Vietnam Blind Association and Ministry of Defense valued at up to VND 100 million.
13	Procedures for loan approval in job creation lending to household group under the capital resource managed by the Vietnam General Confederation of Labor, the Vietnam Cooperative Alliance; the Vietnam Blind Association and Ministry of Defense valued from VND 100 million to VND 500 million.
14	Procedures for loan approval in job creation lending to households under the capital resource managed by Provincial People’s Committee.
15	Procedures for loan approval in job creation lending to households under the capital resource managed by mass organizations (Farmer Union, Women’s Union, War Veteran Association, Youth Union).
16	Procedures for loan approval in job creation lending to production and business units under the capital resource managed by the Vietnam General Confederation of Labor, the Vietnam Cooperative Alliance; the Vietnam Blind Association and Ministry of Defense valued at upto VND 30 million.
17	Procedures for loan approval in job creation lending to production and business units under the capital resource managed by the Vietnam General Confederation of Labor, the Vietnam Cooperative Alliance; the Vietnam Blind Association and Ministry of Defense valued from above VND 30 million to VND 100 million.
18	Procedures for loan approval in job creation lending to production and business units under the capital resource managed by the Vietnam General Confederation of Labor, the Vietnam Cooperative Alliance; the Vietnam Blind Association and Ministry of Defense valued from above VND 100 million to VND 500 million.
19	Approval procedure for loan for job creation valued at up to VND 30 million to production and business units from the source managed by Provincial People’s Committee.
20	Approval procedure for loan for job creation valued at above VND 30 million to VND 100 million to production and business units from the source managed by Provincial People’s Committee.
21	Approval procedure for loan for job creation valued at above VND 100 million to VND 500 million to production and business units from the source managed by the Provincial People’s Committee.
22	Approval procedure for loan for job creation valued at up to VND 30 million to production and business units for the disabled.
23	Approval procedure for loan for job creation valued at above VND 30 million to VND 100 million to production and business unit for the disabled.
24	Approval procedure for loan for job creation valued at above VND 100 million to VND 500 million to production and business unit for the disabled.
25	Approval procedure for loan valued up to VND 30 million to business and production households in disadvantaged areas
26	Approval procedure for loan valued at above VND 30 million to VND 100 million to business and production households in disadvantaged areas
27	Approval procedure for roll-over loan valued at upto VND 30 million to business and production households in targeted areas
28	Approval procedure for roll-over loan valued at above VND 30 million to business and production households in targeted areas
29	Approval procedure for housing loan to households in flood-prone areas of Mekong River Delta who build house on their own.
30	Approval procedure for housing loan to households in flood-prone areas of Mekong River Delta who buy deferred-payment house.
31	Approval procedure for housing loan to enterprises who sell deferred- payment houses to households in flood-prone areas of Mekong River Delta.
32	Approval procedure for loan to households who have drug-detoxification laborers
33	Approval procedure for loan valued at up to VND 30 million to business and production units and enterprises who have drug-detoxification employees
34	Approval procedure for loan valued at above VND 30 million to VND 500 million to business and production units and enterprises who have drug-detoxification employees.
35	Approval procedure for loan of safe water and rural environment sanitation.
36	Approval procedure for loan under the rural income diversification project in Tuyen Quang province (RIDP).
37	The lending procedures of the project "Participatory Resources Management in Tuyen Quang Province" (IFAD).
38	Lending procedures of Project of SME lending funded by KFW, loan size below VND 200 million.
39	Lending procedures of Project of SME lending funded by KFW, loan size over VND 200 million to VND 500 million
40	Lending procedures of the Coastal Wet Land Development Project (CWPD) in provinces of Tra Vinh, Bac Lieu, Soc Trang and Ca Mau
41	Lending procedures of Forestation Development Project funded by WB for SCG's members with loan size below VND 30 million (B-NCS-110543-TT)
42	Lending procedures of Forestation Development Project funded by WB for SCG's members with loan size over VND 30 million (B-NCS-110559-TT)
43	Lending procedure of Forestation Development Project funded by WB for households who do not join SCGs
44	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on the unemployed in domestic enterprises facing with difficulties due to economic crisis for households from the fund source managed by mass organizations.
45	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on jobless migrant workers who have to come back home before definite due term due to enterprises facing with difficulties from economic crisis for households from the fund source managed by mass organizations
46	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on the unemployed in domestic enterprises facing with difficulties due to economic crisis for households from the fund source managed by provincial People's Committee.
47	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on jobless migrant workers who have to come back home before definite term due to enterprises facing with difficulties from economic crisis for households from the fund source managed by provincial People's Committee
48	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on the unemployed in domestic enterprises facing with difficulties due to economic crisis for households in the job creation scheme from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
49	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on jobless migrant workers who have to come back home before definite due term due to enterprises facing with difficulties from economic crisis for households from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
50	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on jobless migrant workers who have to come back home before definite due term due to enterprises facing with difficulties from economic crisis for household groups with loan size of less than VND 100 million from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
51	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on the unemployed in domestic enterprises facing with difficulties from economic crisis for household groups with the loan size of less than VND 100 million from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
52	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on the unemployed in domestic enterprises facing with difficulties from economic crisis for household groups with the loan size of VND 100 million - VND 500 million from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.
53	Lending procedures of Decision No.30/2009/QĐ-TTg dated on 23rd February 2009 of the Government's Prime Minister on jobless migrant workers who have to come back home before definite due term due to enterprises facing with difficulties from economic crisis for household groups with the loan size of VND 100 million - VND 500 million from the fund source managed by Labour General Confederation of Vietnam, Cooperative Union of Vietnam, Vietnam Fund of the Blind and Ministry of National Defense.

SECOND PUBLICATION:

ORDER	NAME OF PROCEDURES	IMPLEMENTER
1	Loan approval procedures under Decision No. 92/2009/QĐ-TTg dated 08/7/2009 of Prime Minister for traders who do not conduct accounting records, and pay flat-rate taxes under regulations of tax offices, loan amount up to VND 30 million dong	VBSP district transaction offices all over the country
2	Loan approval procedures under Decision No. 92/2009/QĐ-TTg dated 08/7/2009 of Prime Minister for trades who conduct accounting records, and declare taxes under the law, loan amount up to VND 30 million dong	As above
3	Loan approval procedures under Decision No. 92/2009/QĐ-TTg dated 08/7/2009 of Prime Minister for traders who conduct accounting records, and declare taxes under the law, loan amount from above VND 30 million dong to VND 100 million dong	As above
4	Loan approval procedures under Decision No. 92/2009/QĐ-TTg dated 08/7/2009 of Prime Minister for trader doing business in disadvataged areas, loan amount up to VND 30 million dong	As above
5	Loan approval procedures for Decision No. 92/2009/QĐ-TTg dated 08/7/2009 of Prime Minister for trader doing business in disadvataged areas, loan amount from 30 million dong to 500 million dong	As above
6	Procedures of loan security via pledge	VBSP district transaction offices all over the country
7	Procedures of loan security by mortgaged of security	As above
8	Procedures of loan security via property mortgage of the third party	As above
9	Procedures of loan security via property mortgage of the third party	As above
10	Procedures of disbursement through ATM card to disadvantaged students	As above
11	Loan approval prcedures for labor in the poor district going abroad	As above

PHOTO ARTICLES

LENDING INTEREST RATE

Poor Households
Lending to poor households	6,6%/year
Lending to poor households in 64 poor districts as stipulated by the Government Resolution No.30a in 2008	3,3%/year
Near Poor Households
Lending to near poor households	7,92%/year
Students
Lending to disadvantaged students	6,6%/year
People in need of loans for job creation
Lending to business establishments owned by war invalids and handicapped persons	3,3%/year
Others...

DEPOSIT INTEREST RATE

Term	Deposit Rate
Overnight	3,04%/year
1 week	3,23%/year
2 week	3,5%/year
Others...