Vietnam's state enterprise sector is not making money despite huge debt pileup

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Báo Thanh Niên English 2 month(s) ago

Vietnam's state enterprise sector is not making money despite huge debt pileup

A file photo of a ship belonging to Vietnam National Shipping Lines (Vinalines)

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Cambodia at low risk of debt distress: IMF

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VietStock FI English 2 month(s) ago

Cambodia's external public debt is well within acceptable limits, but remains vulnerable to financial shocks such as export slowdowns or exchange rate fluctuations, the International Monetary Fund (IMF) said in its latest assessment of the Kingdom’s economy.

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Vietnam’s plan to borrow billions of dollars raises concern

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VietnamNet English 3 month(s) ago 1 duplicate news 4 related news

Vietnam’s plan to borrow billions of dollars raises concern

VietNamNet Bridge - Just within three months, the Ministry of Finance (MOF) has announced a series of plans to borrow money for the state budget totaling $5.3 billion.

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Ministry, economists disagree on using ODA for support industries

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VietnamNet English 3 month(s) ago

Ministry, economists disagree on using ODA for support industries

VietNamNet Bridge - The Ministry of Planning and Investment (MPI) has said that the official development assistance (ODA) is reserved for investment and development, not for commercial purposes. Economists say that ODA is not a ‘magic wand’ for support industries.

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MOF insists on bond roll-over international bond issuance

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VietnamNet English 3 month(s) ago 1 related news

MOF insists on bond roll-over international bond issuance

VietNamNet Bridge - The Ministry of Finance (MOF) last week submitted to the National Assembly’s Standing Committee a plan to issue government bonds to call for capital in the international market for domestic debt swap, though current laws do not allow this.

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SMEs face tough market as FTAs kick in

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VOV News English 3 month(s) ago

SMEs face tough market as FTAs kick in

Small- and medium-sized enterprises (SMEs) contribute 40% of national GDP but the proportion is expected to fall as competition will increase under new international free trade agreements.

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Vietnam's government to borrow over $132 billion by 2020: report

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Báo Thanh Niên English 3 month(s) ago

Vietnam's government to borrow over $132 billion by 2020: report

The government will need to borrow more than VND3,000 trillion (US$134.3 billion) over the next five years, about half of which will be spent on repaying existing debt, news website VnEconomy reported on Tuesday.

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Schools raise tuition, leaving graduates in debt

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VietnamNet English 3 month(s) ago

Schools raise tuition, leaving graduates in debt

VietNamNet Bridge - With the sharp tuition increases announced by universities, students will be burdened with heavy debts after they graduate, according to Vietnam Study Encouragement Society (SES) chair Pham Tat Dong.

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Failing to issue bonds, MOF plans to borrow from Vietcombank

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VietnamNet English 4 month(s) ago

Failing to issue bonds, MOF plans to borrow from Vietcombank

VietNamNet Bridge - Sources said the Ministry of Finance (MOF) is planning to borrow one billion US dollars more from Vietcombank, one of Vietnam’s largest commercial banks, at the interest rate of 3-4 percent per annum.

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Vietnam reduces poverty sustainably

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VOV News English 4 month(s) ago 1 related news

Vietnam reduces poverty sustainably

(VOV) - October 17 is observed as the Day for the Poor in Vietnam. Much is being done to improve their living conditions and justify their trust in the government’s policy on social security.

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Newly released figures on public debt are ‘more reliable’, economists say

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VietnamNet English 4 month(s) ago

Newly released figures on public debt are ‘more reliable’, economists say

VietNamNet Bridge - The public debt for 2014 was 64.4 percent of GDP, not 59.9 per cent, as previously reported, according to a newly released report by the Ministry of Planning Investment (MPI). Economists say it is a more accurate figure.

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11 month-old boy threatened by heart disease

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Báo Dân Trí English 4 month(s) ago

11 month-old boy threatened by heart disease

A rare heart disease is causing pain and suffering to a 11 month-old boy in Nam Dinh Province while his parents are struggling to borrow money for his surgery.

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Vietnam businesses should use int’l staff in AEC integration: pundit

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Báo Tuổi Trẻ English 4 month(s) ago

Vietnam businesses should use int’l staff in AEC integration: pundit

A Vietnamese human resource expert has stressed that local enterprises should “purchase” or “borrow” foreign staffers, particularly those from regional countries, and take better care of their local staff in prepping themselves for the upcoming Association of Southeast Asian Nations (ASEAN) Economic Community (AEC) integration.

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Policy on forest protection among ethnic minorities adopted

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Báo điện tử CP English 5 month(s) ago

Policy on forest protection among ethnic minorities adopted

VGP - The Government has issued a resolution on policies and mechanisms related to forest protection and development in combination policies on fast and sustainable poverty reduction among ethnic minorities in the 2015-2020 period.

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Foreign exchange-rate adjustment deals a blow to dollar borrowers

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VietnamNet English 5 month(s) ago

Foreign exchange-rate adjustment deals a blow to dollar borrowers

VietNamNet Bridge - The time when Vietnamese businesses rushed to borrow US dollars to enjoy low interest rates is over.

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