public debt

Latest News about public debt

Cat Linh-Ha Dong urban railway project and the problem of public debtsicon
BUSINESS21/12/20210

Cat Linh-Ha Dong urban railway project and the problem of public debts

In the annual budget estimate submitted to the National Assembly, the Government always sets an increase in Vietnam's public debt payment obligations compared to the previous year.

 
After developing multi-billion dong projects, provinces incur billions of debticon

After developing multi-billion dong projects, provinces incur billions of debt

BUSINESS
30/07/2021

In the 2019 audit report on state budget finalization, the State Audit noted that outstanding debts in capital construction in localities are still high.

Debt under control thanks to prudent and effective actionsicon

Debt under control thanks to prudent and effective actions

BUSINESS
12/07/2021

Effective usage of the state budget has helped Vietnam succeed in bringing public debt under control since 2016, ensuring national financial security.

Debt burden risks budget stabilityicon

Debt burden risks budget stability

BUSINESS
29/05/2021

Vietnam has had outstanding economic development in recent decades, even through the pandemic so far. 

Public debt remains under controlicon

Public debt remains under control

BUSINESS
18/05/2021

Amid massive difficulties hitting domestic production, Vietnam has continued bringing public debt under its control, ensuring national financial security.

Government succeeds in reducing public debt to safety levelicon

Government succeeds in reducing public debt to safety level

FEATURE
28/03/2021

“As taut as a violin string" was the phrase used to describe the state of the budget and public debt. After five years of applying flexible solutions, the situation has now become different.

2020: over-expenditures increase, public debts still within safety lineicon

2020: over-expenditures increase, public debts still within safety line

BUSINESS
23/12/2020

Because of over-expenditures, the public debts in 2020 are estimated at 56.8-57.4 percent of GDP and the government’s debt 50.8-51.4 percent of GDP, within the safety line set by the National Assembly.

Tight control of debt safeguarding financesicon

Tight control of debt safeguarding finances

BUSINESS
27/11/2020

Vietnam has continued to bring public debt under its control, thus ensuring financial security for the country.

Pressure on the Finance Ministericon

Pressure on the Finance Minister

FEATURE
13/11/2020

As the holder of the keys of the national treasury, Finance Minister Dinh Tien Dung is facing great pressure.

Public debt: one fourth of state budget collections used to pay debticon

Public debt: one fourth of state budget collections used to pay debt

FEATURE
03/11/2020

The public debt to GDP ratio has been controlled well and has decreased in recent years. But the public debt repayment to budget revenue ratio has steadily increased because of many due debts.

Public debt estimated to reach 56.8% GDP by year endicon

Public debt estimated to reach 56.8% GDP by year end

BUSINESS
22/10/2020

The government’s report on public debt in 2020 and estimates in 2021 show remarkable figures about the national debt.

Gov't direct debt nears allowable ceiling: NAicon

Gov't direct debt nears allowable ceiling: NA

POLITICS
21/10/2020

The Government’s direct debt payment obligations may reach the permissible ceiling of 25% of the 2020 State budget collections and are expected to stand at over 25% of the State budget collections in 2021, 

Growth to spur via raised public debticon

Growth to spur via raised public debt

BUSINESS
18/07/2020

The government is planning to raise the country’s public debt in an aim to spur on the economy’s aggregate demand, creating opportunities for international organisations to offer loans.

Authorities get to grips with new bad debt mountainicon

Authorities get to grips with new bad debt mountain

BUSINESS
27/06/2020

A spike in the amount of bad loans sitting in banks’ books has triggered Vietnamese authorities to seek new paths to recovery,

Debt limit to be adhered to despite bumps in roadicon

Debt limit to be adhered to despite bumps in road

BUSINESS
26/06/2020

In spite of a dent in state budget revenue and a rise in spending this year causing a big fiscal deficit, the government will be able to retain the country’s public debt situation, ensuring national financial security.

Vietnam's public debt payment at safe levels after pandemicicon

Vietnam's public debt payment at safe levels after pandemic

BUSINESS
26/06/2020

The ratio of public debt to GDP is not too high, but the pressure of debt repayment in both VND and foreign currencies will increase in 2020-2021.

Airport investor must use own funds, not rely on Gov’t, NA saysicon

Airport investor must use own funds, not rely on Gov’t, NA says

BUSINESS
19/12/2019

The National Assembly (NA) has issued a resolution that requires the investor of the proposed Long Thanh International Airport to use its own funds instead of money from the Government.

Is Vietnam too cautious when setting economic development goals for 2020?icon

Is Vietnam too cautious when setting economic development goals for 2020?

BUSINESS
29/11/2019

Many economic targets set for 2020 are lower in comparison with real implemented levels.