Vietnam: dipping into reserves?

0 vote(s)Comment

VOV News English 2 month(s) ago 1 related news

Vietnam: dipping into reserves?

(VOV) - The Vietnamese government has proposed plans to borrow from its foreign exchange reserves after struggling to issue debt in the bond markets – seven bond auctions failed in May alone.

Keywords: 

Despite high public debt, Vietnam continues to borrow millions for development needs

0 vote(s)Comment

VietnamNet English 2 month(s) ago

Despite high public debt, Vietnam continues to borrow millions for development needs

VietNamNet Bridge - Vietnam has borrowed $4-5 billion a year in the last 10 years, and the public debt has nearly hit the ceiling. However, the country will continue borrowing because it needs capital for development and investment, according to the Ministry of Finance (MOF).

Keywords: 

Home-loan limit lifted for low-income earners

0 vote(s)Comment

VietNam News English 2 month(s) ago

The HCM City government has decided to allow low-income people to borrow VND500 million (US$23,000) with a maximum term of 15 years from HCM City Housing Development Fund to buy housing, up from the current VND400 million ($18,400).

Keywords: 

Mother calls for help to save daughter

0 vote(s)Comment

Báo Dân Trí English 2 month(s) ago

Mother calls for help to save daughter

A woman in the northern city of Haiphong is calling for community help to save her six-year old daughter, who is facing death from congenital heart failure.

Keywords: 

Governments can only issue bonds to raise funds for investment: economists

0 vote(s)Comment

VietnamNet English 2 month(s) ago

Governments can only issue bonds to raise funds for investment: economists

VietNamNet Bridge - To make up the budget deficit, the government needs to issue bonds to raise funds from the public rather than borrow money directly from the central bank, economists say.

Keywords: 

Economists warn against Vietnam's plan to borrow from forex reserves

0 vote(s)Comment

Báo Thanh Niên English 2 month(s) ago

Economists warn against Vietnam's plan to borrow from forex reserves

Photo: Le Hieu

Keywords: 

Dong could weaken if gov’t borrows from foreign-exchange reserves: experts

0 vote(s)Comment

VietnamNet English 2 month(s) ago

Dong could weaken if gov’t borrows from foreign-exchange reserves: experts

VietNamNet Bridge - Some economists have warned that if the government borrows money from the national foreign exchange reserves, the dong’s strength will be affected.

Keywords: 

Government plans to borrow money from nat’l foreign exchange reserves

0 vote(s)Comment

VietnamNet English 3 month(s) ago

Government plans to borrow money from nat’l foreign exchange reserves

VietNamNet Bridge - The government has instructed the State Bank of Vietnam to work with relevant ministries to design a mechanism to lend money from national foreign exchange reserves to the government to serve spending.

Keywords: 

Preferential loans benefit Mong ethnic people

0 vote(s)Comment

VietnamPlus English 3 month(s) ago

A number of households of the Mong ethnic group in disadvantaged Ta Leng commune, Tam Duong district in the mountainous province of Lai Chau have been able to escape poverty thanks to preferential loans.

Keywords: 

‘Hunger era’ in Vietnam – P4: Borrowing wheat from India, rice from Indonesia

0 vote(s)Comment

Báo Tuổi Trẻ English 3 month(s) ago

‘Hunger era’ in Vietnam – P4: Borrowing wheat from India, rice from Indonesia

After national reunification in 1975, Vietnam faced a serious period of malnutrition due to problems in state management and had to borrow wheat from India, rice from Indonesia along with aid from the former USSR.

Keywords: 

Hanoi enjoys more preferences, but remains less dynamic

0 vote(s)Comment

VietnamNet English 3 month(s) ago

Hanoi enjoys more preferences, but remains less dynamic

VietNamNet Bridge - Hanoi, the capital city, is believed to be favored over other localities, but lags far behind them in the provincial competitiveness index.

Keywords: 

Vietnamese firms turn to overseas lenders for cheaper loans: report

0 vote(s)Comment

Báo Thanh Niên English 3 month(s) ago 1 related news

Vietnamese firms turn to overseas lenders for cheaper loans: report

Photo credit: Saigon Times

Keywords: 

Foreign FCs eye VN striker Cong Phuong

0 vote(s)Comment

VietnamNet English 4 month(s) ago

Foreign FCs eye VN striker Cong Phuong

VietNamNet Bridge – Seeing the recently dazzling performances of Cong Phuong, a Japanese FC - Avispa Fukuoka, wants to “borrow” the young striker. However, it is not the first foreign team interested in Cong Phuong.

Keywords: 

Government says it will not act as guarantor for financial institutions

0 vote(s)Comment

VietnamNet English 4 month(s) ago

Government says it will not act as guarantor for financial institutions

The Ministry of Finance (MOF), which is drafting a decree on public debt management, plans to remove the policy on giving government guarantees for loans from financial institutions.

Keywords: 

HCM City needs US$1.1bln for flood management

0 vote(s)Comment

VietNam News English 5 month(s) ago

HCM City needs US$1.1bln for flood management

The HCM City People's Committee will borrow about VND23 trillion (US$1.1 billion) from international banks to fight floods this year, said committee Chairman Le Hoang Quan.

Keywords: 

Top page