Apply a 10% relending rate on ODA loans for public science and technology organizations.

Along with the addition of public science and technology organizations and public higher education institutions that are eligible to borrow 10% of ODA loan capital, Decree No. 317/2025/ND-CP also adds a provision that does not require public science and technology organizations or public higher education institutions to provide loan guarantees.

The government has just issued Decree No. 317/2025 amending and supplementing a number of articles of Decree No. 97/2018 on relending of ODA loans and preferential foreign loans of the Government, as amended by Decree No. 79/2021.

Currently, the relending of foreign loans by the Government does not apply specifically to "public science and technology organizations and financially autonomous public higher education institutions," but rather has general regulations applicable to all public service units.

Decree No. 317/2025/ND-CP added the above content to Clause 2, Article 21 of Decree No. 97/2018/ND-CP as follows: "Public non-business units that are public science and technology organizations, public higher education institutions with investment projects in science, technology, innovation and digital transformation activities within the scope of Resolution No. 57-NQ/TW dated December 22, 2024 of the Politburo and the Law on Science, Technology and Innovation, and that self-finance recurrent and investment expenditures according to the law on public debt management, are eligible to apply a 10% relending rate of ODA loans and preferential loans used for investment projects."

Adding cases where public science and technology organizations are not required to provide loan guarantees.

Specifically, Decree No. 317/2025/ND-CP amends Clause 4, Article 16 of Decree No. 97/2018/ND-CP as follows: No loan collateral is required in cases where a public non-business unit, such as a public science and technology organization or a public higher education institution, borrows foreign loan capital from the Government as stipulated in point d, Clause 2, Article 21 of this Decree, and cannot provide loan collateral in accordance with the law.

In this case, based on the proposal of the managing agency that it is impossible to secure the loan with assets as prescribed by law, and the appraisal opinion of the agency authorized to relend, the Ministry of Finance reports to the Prime Minister for consideration and decision on relending without requiring collateral as stipulated in this Decree.

The governing body is fully responsible before the law for the results of the review determining the inability to secure loans with assets as required by law.

The amendments and additions to the above regulations aim to encourage and facilitate public science and technology organizations and higher education institutions to independently implement investment projects in the fields of science, technology, innovation, and digital transformation within the scope of Resolution No. 57-NQ/TW dated December 22, 2024, of the Politburo, and to access ODA loans and preferential foreign loans from the Government.

At the same time, it contributes to creating resources to help science and technology organizations and higher education institutions develop and expand their activities in the fields of science and technology development, innovation, and digital transformation, thereby creating momentum for socio-economic development.

(Vietnam+)

Source: https://www.vietnamplus.vn/ap-dung-ty-le-vay-lai-10-von-vay-oda-cho-to-chuc-khoa-hoc-va-cong-nghe-cong-lap-post1082745.vnp