National debt targets within reach despite precarious year

National debt targets within reach despite precarious year

Vietnam will continue to closely control its public debt until the end of the year amid an increase in spending on fighting the health crisis and supporting local enterprises to move smoothly over to the new year.
MPI leader highlights principles for economic recovery solutions

MPI leader highlights principles for economic recovery solutions

The building of economic recovery solutions will depend on the development of COVID-19, the progress of vaccination and the capacity of supplying COVID-19 treatment medicine when the country switches to the new normal situation, said Minister of Planning and Investment Nguyen Chi Dung.
Extending public debt limit to navigate full recovery

Extending public debt limit to navigate full recovery

In addition to the efforts in fighting against coronavirus, governments and their central-run banks have provided numerous policies to help people and businesses.
Close control of debt augurs well for budget

Close control of debt augurs well for budget

An expansion in expenditure for supporting enterprises should help shore up Vietnam’s financial security, and not leave public debt in the lurch this year.
Robust regulations ahead for management of public debt

Robust regulations ahead for management of public debt

Vietnam will launch a revamp of its 2021-2025 budget management strategy, which is expected to ensure national security and control public debt.
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.
Debt burden risks budget stability

Debt burden risks budget stability 1

Vietnam has had outstanding economic development in recent decades, even through the pandemic so far. However, public debt remains a concern among government officials who soon must cope with the maturity of the previous five years of debts, which may affect the state budget for the 2021-2025 period.
Tight control of debt safeguarding finances 

Tight control of debt safeguarding finances 

Vietnam has continued to bring public debt under its control, thus ensuring financial security for the country.
Fifteen targets on economic restructuring in 2016-2020 fulfilled

Fifteen targets on economic restructuring in 2016-2020 fulfilled

Fifteen among 22 targets set in the National Assembly’s Resolution 24/2016/QH14 on economic restructuring during 2016-2020 have been or are likely to be fulfilled in 2020, according to the Government’s report presented to the legislature’s 10 session.
Growth to spur via raised public debt

Growth to spur via raised public debt

The government is planning to raise the country’s public debt in an aim to spur on the economy’s aggregate demand, creating opportunities for international organisations to offer loans.
Public debt a big risk for VN's economy, say experts

Public debt a big risk for VN's economy, say experts

The State budget deficit, which regularly remains at a high level, and rising public debt are among the biggest macro-economic risks facing Vietnam, making it more difficult for the Government to help the economy head towards growth, said Professor Tran Tho Dat, principal of the National Economics University (NEU).
Some taxing questions cannot be ignored

Some taxing questions cannot be ignored

It’s a well-worn cliché that one cannot escape death and taxes. However, it does not mean they are accepted unquestioned.
Alarm at SOEs’ debt levels

Alarm at SOEs’ debt levels

The prime minister said public debt must not exceed 65 per cent of the gross domestic product (GDP) by 2020, state-owned enterprises’ (SOEs) debt situation needs to be controlled.
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.
Vietnam’s debt indexes are safe

Vietnam’s debt indexes are safe

Vietnam’s debt indexes are at safe levels, with public debt managed tightly, domestic and external debts paid and having no bad debt, said the Ministry of Finance (MoF).