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Monday, 1/3/2021
Vietnamese Edition

Thanh Nien News

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Vo Van Kiet Boulevard, an ODA-funded project in Ho Chi Minh City. Photo: Diep Duc Minh

Vietnam's government exceeds spending limit again

Some legislators are not happy with the lack of fiscal discipline, asking the government to justify its overspending

A bank employee arranges bank notes at a bank in Ho Chi Minh City. Photo: Diep Duc Minh/Thanh Nien

Vietnam's finance ministry wants $219 mln in cash dividends from top lenders

BIDV and Vietinbank have sought to keep their profits but the finance ministry demands fresh cash on state investment

Vietnam reports 48 percent drop in oil revenue in Jan-April

Vietnam reports 48 percent drop in oil revenue in Jan-April

The state's spending increased 4.7 percent in the first four months, new official data showed

An undated photo of a tax office in Hanoi. Photo: Ngoc Thang

Vietnam tax authority says 18 pct of firms to be inspected this year

Tax inspectors brought $545 million to the state budget last year after checking 79,300 companies

Vietnam's state revenue hit by oil slump

Vietnam's state revenue hit by oil slump

Earnings from crude exports dropped by nearly 57 percent The state budget is now heavily depending on tax collections at...

An electronics factory in Hanoi. Photo: Ngoc Thang

Vietnam economists perplexed by massive gap between official GDP estimates

Wrong stats can lead to mismanagement, they said

A worker sits on top of a bus station under construction during rush hour on a street in Vietnam. Vietnamese government has spent less and less on infrastructure and other public construction projects, allegedly due to increases in current expenditure. Photo: Reuters

Vietnam's bloated government eats up budget: think tank

The government's Central Institute for Economic Management said one in 11 people get paid salaries or pensions

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 orders local governments to stop building extravagant offices for themselves

Vietnam orders local governments to stop building extravagant offices for themselves

About 15 administrative hubs are being planned or constructed around Vietnam

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  

A rendering of Long Thanh Airport in the southern province of Dong Nai. File photo

Vietnam's biggest airport project faces financial hurdle

Compensations and site clearance will cost over US$495 million Long Thanh Airport's first stage

Finance ministry blames tax defaulters for government's lack of funds

Finance ministry blames tax defaulters for government's lack of funds

Back taxes, including by state firms, are estimated at $3.36 billion

Vietnam government urged to tighten belt amid falling revenues

Vietnam government urged to tighten belt amid falling revenues

Legislators call for downsizing government and cutting its expenses

An employee works at a yarn weaving plant in Ha Nam province, outside Hanoi. Photo: Reuters

Vietnam's economic growth dampened by company shutdowns, trade deficit

More than 54,500 businesses were shuttered or suspended between January and September  
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Hashtag #Vietnam: The week's best photos

Hashtag #Vietnam: The week's best photos

Here are 10 of the most memorable snapshots on Instagram this week
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Opinion

A foreigner studying a housing project in Ho Chi Minh City. Photo: Dinh Son

Vietnam property market: to buy or not to buy?

  The new legislation played a major role in addressing many issues that foreigners previously faced and made Vietnam property market “sexy” again
  • What the West got wrong after 9/11
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Thanh Nien News
Editor-in-Chief: Nguyen Quang Thong
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