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Sunday, 14/8/2022
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Vietnam's public debt exceeds 62 percent of GDP

Vietnam's public debt exceeds 62 percent of GDP

 

An undated photo of EVN workers checking a utility post in the southern province of Vinh Long. Photo: Tu Uyen

Vietnam may stop guaranteeing SOEs' loans as public debt rises

Government-backed loans for state enterprises were equivalent to 17.6 percent of public debt

A newly-built road in Ho Chi Minh City. Photo: Diep Duc Minh/Thanh Nien

Vietnam gov't plans to borrow over $20 billion this year

Government agencies have been ordered to cut spending and increase tax collections

Vietnam Airlines is upgrading its fleet with wide-body aircraft. Photo: Mai Ha

Vietnam Airlines to sell, lease back aircraft to cut debt

The airline was the second biggest holder of foreign debt among state-owned enterprises last year

Vietnamese workers load sacks of rice at a local seaport. Photo: Diep Duc Minh

Vietnam's public debt rises to 62 pct of GDP; large bond sale planned

The government plans to issue $8.85 billion worth of sovereign bonds in 2017-20 to fund public projects

Vietnam gov't plans to sell $9.8 bln worth of bonds this year: report

Vietnam gov't plans to sell $9.8 bln worth of bonds this year: report

70 percent of the bonds will have maturities of five years or longer

An undated photo of an employee counting dollar bills at a bank in Ho Chi Minh City. Photo: Diep Duc Minh

Vietnam's public debt rises to 61.3 percent of GDP: report

The ratio is forecast to hit 62.3 percent of GDP at the end of this year, but officials assure...

Vietnam finance ministry allays concerns about local governments' debts

Vietnam finance ministry allays concerns about local governments' debts

Local media reported that two agencies in the south are drowning in debts totaling on $13.25 million  

In Vietnam, some local governments are drowning in debt after overspending

In Vietnam, some local governments are drowning in debt after overspending

Officials seem to think that budgets can always be replenished, disregarding fiscal discipline, experts say

Vietnam PM wants $3 billion in unpaid taxes collected by year-end

Vietnam PM wants $3 billion in unpaid taxes collected by year-end

Officers say many defaulters have paid up after being publicly named and shamed

Vietnam's state enterprise sector is not making money despite huge debt pileup

Vietnam's state enterprise sector is not making money despite huge debt pileup

Public giants saw debts soar to $68.43 billion last year while profits fell 1 percent  

An employee checks US dollar bills at a bank in Hanoi. Photo: Reuters

Vietnam lawmakers approve $5.6-billion bond sale plan despite concerns

Public debt is expected to reach 61.3 percent of GDP at the end of this year  

Vietnamese dong banknotes are arranged for a photograph inside a Ho Chi Minh City Housing Development Commercial Joint-Stock Bank (HDBank) branch in Ho Chi Minh City. Photo: Bloomberg

Government plan for $3 bln overseas bond issue could make public debts unsustainable

The genesis of the 1997 Asian financial crisis lay in reckless foreign borrowing by Thailand and Indonesia

Vietnam plans to issue US$3 billion worth of sovereign bond overseas to refinance debt in 2015-2016. File photo

Vietnam lawmakers deem overseas bond issuance plan 'risky'

They are reluctant to increase the country's indebtedness, but some of their colleagues say it is "necessary" and "urgent"

An employee at a local bank branch in Hanoi. Photo: Ngoc Thang

Vietnam's government to borrow over $132 billion by 2020: report

Half of the borrowings will be used for debt servicing as budget is set to stay in deficit
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