Vietnam public debts continue to rise

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Báo Thanh Niên English 5 day(s) ago

Vietnam public debts continue to rise

Servicing of Vietnam’s public debts, including those borrowed to pay older loans, is estimated to account for 26.2 percent of the government’s revenues this year, higher than the 25 percent cap that is in place, Prime Minister Nguyen Tan Dung said.

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Vietnam violates key economic principles, says minister

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Báo Dân Trí English 2 day(s) ago

Vietnam violates key economic principles, says minister

Bui Quang Vinh, Minister of Planning and Investment pointed out that Vietnam has violated three key economic principles in state budget spending at a National Assembly discussion on October 21.

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Public, foreign debts within limit, says PM

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VietnamNet English 3 day(s) ago

Public, foreign debts within limit, says PM

“State budget overspending accounts for 5.3% of GDP, while the pubic, government and foreign debts are lower than the permitted level set by the National Assembly (NA) in its Resolution 10 released in 2011”, affirmed Prime Minister Nguyen Tan Dung.

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China’s GDP growth bolsters case for stimulus restraint

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Báo Thanh Niên English 4 day(s) ago

China’s GDP growth bolsters case for stimulus restraint

China’s economic growth beat analysts’ estimates last quarter as export demand quickened and services expanded, bolstering the government’s case for avoiding broader stimulus measures.

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Vietnam PM sees strong 2015 GDP growth, hurdles ahead

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Báo Thanh Niên English 5 day(s) ago

Vietnam PM sees strong 2015 GDP growth, hurdles ahead

Vietnam expects economic momentum to pick up next year but inefficiency, bad debt and weak domestic sentiment will keep a lid on growth, the country's prime minister said on Monday.

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Public, foreign debts within limit, says PM

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Báo Đầu Tư English 4 day(s) ago 3 related news

Public, foreign debts within limit, says PM

“State budget overspending accounts for 5.3% of GDP, while the pubic, government and foreign debts are lower than the permitted level set by the National Assembly (NA) in its Resolution 10 released in 2011”, affirmed Prime Minister Nguyen Tan Dung.

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Public, foreign debts within limit, says PM

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VOV News English 5 day(s) ago 3 related news

Public, foreign debts within limit, says PM

(VOV) -“State budget overspending account for 5.3% of GDP, while the pubic, government and foreign debts are lower than the permitted level set by the National Assembly (NA) in its Resolution 10 released in 2011”, affirmed Prime Minister Nguyen Tan Dung.

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Vietnam expects 6.2 pct GDP growth in 2015, says 2014 targets in sight

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Báo Thanh Niên English 5 day(s) ago

Vietnam expects 6.2 pct GDP growth in 2015, says 2014 targets in sight

Vietnam expects faster economic growth next year of 6.2 per cent, picking up from a targeted 5.8 per cent this year, Prime Minister Nguyen Tan Dung said on Monday.

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Public debts near threshold

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VietnamNet English 6 day(s) ago

Public debts near threshold

VietNamNet Bridge – Vietnam’s public debts are poised to reach 63% of GDP late this year and 64% next year, just a stone’s throwing from the threshold of 65% deemed by the National Assembly as menacing to the country’s financial safety.

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Vietnam public debt close to “risky level”

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VietnamNet English 1 week(s) ago

Vietnam public debt close to “risky level”

VietNamNet Bridge - The ratio of public debt reported by the Government at the upcoming National Assembly (NA) session, which will start next Monday, is "almost" 64% of GDP, according to NA Vice President, Ms. Nguyen Thi Kim Ngan.

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Viettel starts operations in Peru, licenced in Tanzania

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VietnamNet English 1 week(s) ago 2 related news

Viettel starts operations in Peru, licenced in Tanzania

VietNamNet Bridge – The Military Telecom Corporation (Viettel) has launched mobile services under the brand name Bitel in the South American country of Peru.

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Economists raise alarm over Vietnam's public debt

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Báo Dân Trí English 1 week(s) ago

Economists raise alarm over Vietnam's public debt

Vietnam's public debt will climb to a unhealthy levels by the end of next year, according to the latest statistics given by the government.

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Singapore’s economy grows 2.4 percent in third quarter

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VietnamPlus English 1 week(s) ago

Singapore’s economy grows 2.4 percent in third quarter

Singapore ’s economy expanded by 2.4 percent in the third quarter of this year compared to a year ago, the Ministry of Trade and Industry (MTI) said in its report on advance third-quarter gross domestic product (GDP) data on October 14.

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ODA for Long Thanh airport not to affect public debt

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VietnamNet English 1 week(s) ago 1 related news

ODA for Long Thanh airport not to affect public debt

VietNamNet Bridge – The impact, if any, of ODA loans on the Long Thanh international airport project on gross domestic product (GDP) would not be considerable, especially in 2016-2019, Deputy Minister of Transport Nguyen Hong Truong said last week.

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NA committee dubious about high economic-growth rate

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VietnamNet English 1 week(s) ago

VietNamNet Bridge – The chair of the National Assembly’s Economics Committee expressed doubts about the government-reported GDP growth rate at a socio-economic appraisal session on October 9. However, the government’s representative said the report was factual.

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