Vietnam industrial park owner Kinh Bac expands on demand from LG

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Báo Thanh Niên English 4 hour(s) ago

Vietnam industrial park owner Kinh Bac expands on demand from LG

Electronics companies such as LG Electronics Inc. are sparking a boom in industrial parks in Vietnam as they seek alternatives to China’s rising labor costs.

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Efforts underway to lower bad debt to 3 percent

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VietnamPlus English 18 hour(s) ago

Efforts underway to lower bad debt to 3 percent

The Vietnamese Government is striving to reduce the proportion of bad debts to approximately 3 percent, according to the government report on socio-economic development 2014/2015, which was presented at the ongoing eighth session of the 13th National Assembly.

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Public debt disadvantages new airport project, Transport Minister

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SaiGon GP English 20 hour(s) ago

Public debt disadvantages new airport project, Transport Minister

On the sideline of the 13th National Assembly’s 8th session on October 21, Minister of Transport Dinh La Thang said that construction of Long Thanh International Airport was necessary but disadvantageous at that time because of public debts.

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ECB bond-buying reports send euro lower

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Báo Đầu Tư English 24 hour(s) ago

ECB bond-buying reports send euro lower

Reports that the European Central Bank could expand its bond-buying programme to corporate debt pushed the euro lower against the dollar and other major currencies on Tuesday (Oct 21).

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Public, foreign debts within limit, says PM

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VietnamNet English 23 hour(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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NA deputies approve of 2015 plans, doubt job creation claims

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VietNam News English 1 day(s) ago 1 duplicate news

NA deputies approve of 2015 plans, doubt job creation claims

National Assembly deputies yesterday expressed general agreement for the Government's socio-economic development plans for next year, but expressed skepticism over some of its achievements this year.

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Public debt rising fast, macro-economy stabilizing: PM

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Báo Tuổi Trẻ English 2 day(s) ago

Public debt rising fast, macro-economy stabilizing: PM

Vietnam’s debt is rising rapidly, and the country has to set aside more money from its national state budget for debt repayment, said Vietnam’s Prime Minister in a recent meeting of the National Assembly (NA) that aired on Monday.

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Vietnam PM sees strong 2015 GDP growth, hurdles ahead

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Báo Thanh Niên English 3 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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Vietnam must boost investment for 2015 growth aim, legislator says

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Báo Thanh Niên English 2 day(s) ago

Vietnam must boost investment for 2015 growth aim, legislator says

Vietnam can’t meet its goal for economic growth next year unless the government boosts domestic investment higher than its proposed target, legislator Tran Hoang Ngan said.

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Should the gov’t bail out State-owned enterprises?

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VietnamNet English 2 day(s) ago

Should the gov’t bail out State-owned enterprises?

VietNamNet Bridge – The government has unexpectedly proposed to the National Assembly the use of the state budget to settle bad debts incurred by SOEs, even though the legislature has said that SOEs must take responsibility for their debts.

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Gov't expects 5.8 percent economic growth for 2014

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VietnamPlus English 3 day(s) ago 2 duplicate news 3 related news

Gov't expects 5.8 percent economic growth for 2014

Vietnam’s socio-economic development is progressing steadily, with economic growth likely to reach 5.8 percent this year, according to a Government report.

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Vietnam's businesses, banks stuck in credit stalemate

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Báo Thanh Niên English 1 week(s) ago

Vietnam's businesses, banks stuck in credit stalemate

Sales-starved businesses in Vietnam remain nonplussed by the cheap, short-term loans on offer, while the country's bad debt-bitten banks refuse to offer anything else.

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New airport to relieve overloading

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VietNam News English 5 day(s) ago 6 related news

The building of an airport in Long Thanh will reduce pressure on Tan Son Nhat Airport, Deputy Minister of Transport Nguyen Hong Truong told Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) Newspaper.

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G-bond sales forecast to hit new highs

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VietnamPlus English 6 day(s) ago

Government bond sales by the State Treasury would reach new highs this year thanks to strong market demand, the Saigon Times Daily reported.

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International bond issuances: who are the borrowers?

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VietnamNet English 6 day(s) ago

VietNamNet Bridge – The Ministry of Finance (MOF) does not make public the names of borrowers of the capital the government mobilizes through its international bond issuances, making it difficult to control repayment obligations of debtors.

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