What are responsibilities of Ministry of Construction in organization for implementation for loans of enterprises, cooperatives, and household businesses in Vietnam?

What are responsibilities of Ministry of Construction in organization for implementation for loans of enterprises, cooperatives, and household businesses in Vietnam?

Pursuant to Clause 4, Article 10 of Decree 31/2022/ND-CP stipulating responsibilities of Ministry of Construction in organization for implementation for loans of enterprises, cooperatives, and household businesses:

4. Ministry of Construction is responsible for:

a) consolidating list of projects for construction of social housing, worker houses, renovation of old apartment buildings; publicizing the lists in form of documents and on website of Ministry of Construction within 30 days from the effective date hereof and adjusting the list according to propositions of the People’s Committees of provinces and central-affiliated cities.

b) dealing with difficulties relating to beneficiaries of interest subsidies under Point b Clause 2 Article 2 hereof.

c) cooperating with the State Bank of Vietnam in dealing with difficulties that arise during implementation of interest rate subsidy in accordance with this Decree.

What are responsibilities of People’s Committees of provinces in organization for implementation for loans of enterprises, cooperatives, and household businesses in Vietnam?

Pursuant to Clause 5, Article 10 of Decree 31/2022/ND-CP stipulating responsibilities of People’s Committees of provinces in organization for implementation for loans of enterprises, cooperatives, and household businesses:

5. People’s Committees of provinces and central-affiliated cities are responsible for

a) producing list of projects for construction of social housing, worker houses, renovation of old apartment buildings and submitting to Ministry of Construction within 15 days from the effective date hereof and adjusting the list when necessary. The list must contain the following publicized information: Project developers of projects; In case of projects for construction of social housing and worker houses: Projects have been approved by competent authorities, assigned with land or leased with land and have finished with clearance, granted or exempt from construction permit in accordance with construction laws; In case of projects for renovation of old apartment buildings: Projects have had their investment guidelines approved by competent authorities; other information required by relevant laws.

b) directing competent authorities of provinces and cities to cooperate with commercial banks to recollect interest subsidies from borrowers in accordance with Clause 3 Article 9 hereof.

c) cooperating with relevant ministries and authorities in dealing with difficulties that arise in the implementation of interest subsidies in accordance with this Decree.

Best regards!