Chinese top diplomat to visit Vietnam again

Chinese State Councilor Yang Jiechi (L) shakes hands with Vietnam's Foreign Minister Pham Binh Minh (R) at the government's guesthouse in Hanoi on June 18, 2014. Photo credit: AFP

Chinese State Councilor Yang Jiechi will pay a visit to Vietnam on October 27 and co-host a meeting of the China-Vietnam Steering Committee for Bilateral Cooperation, the Chinese foreign ministry said in a press release.

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)

Vietnam public debts continue to rise

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...