overspending

Update news overspending

State budget overspending equivalent to 3.44 percent of GDP in 2020

The State budget overspending in 2020 stood at over 216.4 trillion VND (9.3 million USD), equivalent to 3.44 percent of GDP, statistics showed.

Crack down on insurance fraud

 VietNamNet Bridge – Deputy Prime Minister Vu Duc Dam on Monday sent an urgent document asking concerned organisations to inspect the use of the health insurance fund.

Vietnam’s 2014 public debt reached $102 billion: State audit

VietNamNet Bridge – The State Audit Office of Viet Nam (SAOV) has announced the official figure of the 2014 public debt at more than VND2.28 quadrillion, yet hinting that it might have reached higher than that.

Overspending threatens economy

 VietNamNet Bridge – Vietnam has a plan for its economic development over the next 20 years. Bui Trinh, an economic expert, spoke to the Hai quan (Customs) on-line outlet regarding tasks that Viet Nam must accomplish.