foreign debts

Update news foreign debts

Vietnam’s foreign debts under control

The effective management of foreign loans has transformed Vietnam from a poor and heavily indebted country to one that international organisations consider to have a controlled external debt 

Vietnam's foreign borrowings jump 1.6-fold to US$533 million in H1

The government is looking at loans and government bonds, among others, to meet growing demand of state expenditure.

State may have to pay debts of Vietnam Development Bank

Acting on behalf of the government in disbursing capital for the nation’s important projects, the Vietnam Development Bank (VDB) has been found committing serious violations.

Provincial debt seen inching up

Debt owed by provinces and cities is poised to increase steadily in the coming years as the Government will boost its on-lending of foreign loans and reduce budget allocations for projects using ODA and preferential loans in provinces.

Vietnam’s five State-owned corporations with huge foreign debts

 VietNamNet Bridge - Most of the foreign debt owed by State-owned corporations is concentrated in key business sectors, where they must seek giant funds for projects.

IDICO prepares to sell hydropower projects

VietNamNet Bridge – Infrastructure Development Investment Joint Stock Company under the Ministry of Construction is working on plans to transfer Dak Mi 4 and 4C hydropower plants to Dak Mi Hydropower Plant Joint Stock Company

Unreported, official foreign debts raising fears

 VietNamNet Bridge – No one knows how big the “underground”, or unregistered foreign debt is, while the official foreign debt has been found to be increasing steadily.

Foreign debts remain in the “dark area”

 VietNamNet Bridge – How much do private, foreign-invested, and state-owned businesses and credit institutions owe to foreign lenders?