ANNOUNCEMENT 01 Aug 2012

In August 2012, the government of Viet Nam announced a change to private-sector financial support.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 01 Aug 2012 | Removal date: open ended
Still in force

Interest payment subsidy

On 1 August 2012, the government of Viet Nam introduced preferential interest rates for tra fish breeders. The interest rate is below the market rate and is set at 11%. Tra fish is exported from the Mekong Delta region and competes with other fish (notably catfish) in other jurisdictions.. This measure discriminates against commercial interests of fish exporters in other countries and import-competing fisheries.

AFFECTED SECTORS