IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Apr 2011 | Removal date: open ended
Still in force

Trade finance

 On 1 April 2011 the Japanese Finance Corporation (JFC) provided an "untied" loan of 100 million USD to the Vietnam Development Bank. According to the relevant JFC press release "This loan primarily aims to finance locally operating Japanese affiliates and subsidiaries and the local supporting industries utilized by Japanese firms. The enhancement of local supporting industries will contribute to the stabilization of the Vietnamese economy and also benefit Japanese affiliates and subsidiaries through providing better access to stable supplies of raw and other materials, with better quality and at lower cost. The loan is also expected to be utilized for trade finance in Vietnam. Better access to funding opportunities in Vietnam through this facility will contribute to further boosting business collaboration between Japan and Vietnam, a country of increasing importance for Japanese firms."
Such measures disadvantage non-Vietnamese firms that might supply Japanese subsidaries in Vietnam.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

Please report this page in case you detect an inaccuracy in its content.