budget crisis

Update news budget crisis

Vietnamnet global

VN government borrows US$16 billion in 9 months

VietNamNet Bridge – Vietnam’s pace of borrowing foreign loans and raising capital from government bonds this year is higher compared with the corresponding period of recent years.

Vietnamnet global

Ca Mau, Bac Lieu face budget crisis

Debt is not only a headache for the Government but also provinces and cities. A number of localities are found to owe huge sums and they have even run out of cash though the year 2015 is not yet out.