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Gov’t to stop acting as guarantor for state-owned enterprise loans
In an effort to ensure public debt security, the Prime Minister has decided that from 2017, the government will temporarily stop acting as a guarantor for state-owned enterprises (SOEs) that borrow money.
HCMC seeks ODA for transport and environment projects
The HCMC government has proposed the Ministry of Planning and Investment assist the city to mobilize official development assistance and preferential loans for its large-scale infrastructure, transportation and environment projects.
Businesses willing to stop borrowing in foreign currencies
VietNamNet Bridge - Contrary to predictions, businesses have remain unruffled though they have been told to stop borrowing money in foreign currencies in the second quarter.
Better ODA control is a must
VietNamNet Bridge – Permanent member of the National Assembly's Committee for Financial and Budgetary Affairs, Bui Duc Thu, tells the Nhan Dan newspaper that the use of ODA has been marked by inefficiencies.
