NA approves lifting foreign debt limit

NA approves lifting foreign debt limit

Delayed projects funded via official development assistance will receive a capital boost after the National Assembly agreed to swell Vietnam’s foreign debt cap by VND60 trillion ($2.6 billion) for medium-term public investments.
Vietnam’s official public debt bulletin to be released

Vietnam’s official public debt bulletin to be released

The Ministry of Finance will officially release Vietnam’s public debt bulletins in Vietnamese and English.
Public debt fears watered down

Public debt fears watered down

Vietnam’s public debt could reach 58.4 per cent of the gross domestic product (GDP) against 54.6 per cent in 2011. National Financial Supervision Committee deputy chairman Ha Huy Tuan told VIR rising public debt would not be a concern if the loans were effectively used and managed.
Loans secure sustainable growth

Loans secure sustainable growth

Government debts are high on the agenda at the National Assembly 2011 second session, currently underway in Hanoi.
Safe foreign debt level to fuel growth

Safe foreign debt level to fuel growth

The Ministry of Finance (MoF) last week announced that the nation’s foreign debt was still within safe limits, ensuring economic growth of around 8 per cent during the next five years.