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Update news public investments
Principles and regulations are set to serve development, but, ironically, many of them have become obstacles that hinder development.
Statistics show a stable situation now, but there are warning signs that if Vietnam cannot curb inflation, the situation will be insecure.
Public debt is anticipated to increase rapidly in 2022-2024, exceeding the VND4 quadrillion threshold and getting closer to VND5 quadrillion.
Resolutions to adjust public investments within the 2016-20 period were passed at the 14th extraordinary session of HCM City’s People’s Council’s ninth term held on Saturday.
VietNamNet Bridge – Vietnam’s public debt obligations have been soaring rapidly in recent years, according to a report of the Central Institute for Economic Management (CIEM).
VietNamNet Bridge – The year 2014 has seen the successful issuance of government bonds in both domestic and foreign markets, said the Vietnam Economic News.
VietNamNet Bridge – The Government will implement several measures in tandem to ensure that both socio-economic investments and debt repayments are made in such a way that public debt is kept within allowable limits.