Vietnam public debts continue to rise

Public spending is under the safe limit, but has been near the safe ceiling. Pressure of public debt repayment on the state budget is very big. (Photo: Ngoc Thang)

Servicing of Vietnam’s public debts, including those borrowed to pay older loans, is estimated to account for 26.2 percent of the government’s revenues this year, higher than the 25 percent cap that is in place, Prime Minister Nguyen Tan Dung said.