NA approves extension of pilot bad debt settlement resolution

NA approves extension of pilot bad debt settlement resolution

The National Assembly (NA) has agreed to extend a pilot resolution on bad debt settlement until the end of 2023 instead of this year.
Debt improvements illustrate efficiency

Debt improvements illustrate efficiency

Despite huge spending from state coffers on supporting both individuals and enterprises, Vietnam has nevertheless controlled public debt over the past five years, with the country’s financial security and also debt quality ensured.
Shake-up required to fund infrastructure

Shake-up required to fund infrastructure

Vietnam’s newly-adopted public funding will not be sufficient for infrastructure investment because of colossal future demand for this type of development, which would need more private financiers via attractive enticements.
Nguyen Xuan Phuc elected as State President

Nguyen Xuan Phuc elected as State President

The National Assembly (NA) elected Nguyen Xuan Phuc, Politburo member of the 13th tenure and a deputy of the 14th legislature, as State President for the 2016-2021 term on April 5 morning, during the 14th legislature’s 11th sitting.