VietNamNet Bridge – Vietnam is getting new loans to pay old debts, but the real dangers for Vietnam’s economy do not lie in how much Vietnam owes, according to Dr. Tran Dinh Thien, head of the Vietnam Economics Institute.

 VietNamNet Bridge – The government bond market is expect to set a new record in volume and value this year.

 Consumer prices in Japan rose at an annual rate of 3.4% in May, the fastest pace in 32 years, as the effect of the sales tax hike started to be felt.

 VietNamNet Bridge – The Ministry of Finance once had money to pay foreign debts but now has very little, as most of its funds have been used to pay the debts of state-owned company’s cement projects.

Finance Minister Dinh Tien Dung yesterday said that Viet Nam's public debt is still within manageable levels at 54.1 per cent of the GDP in 2013.

 VietNamNet Bridge - Experts at the Spring Economic Forum 2014 once again warned about the financial security of the country after the recent massive issuance of bonds.

Foreign buyers continued to increase their holdings of U.S. Treasury securities for a fifth straight month in December, even though the two largest holders of U.S. public debt trimmed their shares, U.S. Treasury Department said Tuesday. 

 Danang suggests bond issuance; Number of SOEs halved after 13 years; Overseas remittance to HCMC estimated at US$4.8 billion in 2013; FDI sector witnesses large trade surplus; Public debt may account for over 98% of GDP

 VietNamNet Bridge – Local authorities all reportedly have big public debts due to the overly high spending. However, the figures about the debts are not counted on when calculating the national public debt.

 VietNamNet Bridge – If counting on the loans of state-owned enterprises’not guaranteed by the government, Vietnam's total public debt would be 95 percent of GDP, far exceeding the safety line of 60 percent of GDP.

 VietNamNet Bridge – A public debate has begun heating up over whether or not a new stimulus should be launched to prop up the struggling economy and views against the stimulus have been gaining traction.

 VietNamNet Bridge – Vietnam’s public debt has increased steadily over the past three years while the public debt supervision process still has shortcomings,

 VietNamNet Bridge – As of December 31, 2013, public debt, Government debt and foreign debt was 55.4%; 43.1% and 42%, respectively, remaining in safe waters, according to Deputy PM Vu Van Ninh.

The economic development model which relies much on the investment capital increase is believed to be the “culprit” that causes the high public debt.

The global debt clock at 3 pm of April 15, Hanoi time, showed that Vietnam’s public debt was equal to 49.2 percent of the country’s GDP.

The Ministry of Finance said in a report released on Thursday that Vietnam’s public debt, which stood at 56.3% and 54.9% of the nation’s gross domestic product in 2010 and 2011 respectively, is under control,

The government would have to come forward to make payment for the debts incurred by state owned enterprises (SOEs), which would be a threat to the national economy.

VietNamNet Bridge - This figure is equivalent to 54.9 percent of GDP in 2011, the Finance Ministry (MoF) said.