Vietnam gov't plans to borrow over $20 billion this year

0 vote(s)Comment

Báo Thanh Niên English 2 week(s) ago

Vietnam gov't plans to borrow over $20 billion this year

The Vietnamese government will borrow VND452 trillion (US$20.08 billion) this year to make up for its budget deficit and refinance its existing debts, according a plan recently approved by Prime Minister Nguyen Xuan Phuc.

Keywords: 

Ha Noi seeks $115.5 billion to become the second Singapore

0 vote(s)Comment

Báo Đầu Tư English 2 week(s) ago

Ha Noi seeks $115.5 billion to become the second Singapore

Ha Noi is calling on colossal investment of about VND2.6 quadrillion (US$115.5 billion) over the next five years as the first step in transforming itself into the second Singapore, announced top officials.

Keywords: 

Fitch affirms Vietnam rating at ’BB-’ with a stable outlook

0 vote(s)Comment

Báo Dân Trí English 1 month(s) ago

Fitch affirms Vietnam rating at ’BB-’ with a stable outlook

Fitch Ratings ​recently affirmed Vietnam’s long-term foreign and local currency IDRs at ’BB-’ with a stable outlook.

Keywords: 

Vietnam’s public debt to double in ten years: expert

0 vote(s)Comment

Báo Tuổi Trẻ English 1 month(s) ago

Vietnam’s public debt to double in ten years: expert

Vietnam’s current public debt totals over US$120 billion and is projected to double in ten years, said a financial expert at a conference in Hanoi on Wednesday.

Keywords: 

VN rating outlook remains stable: S&P

0 vote(s)Comment

Báo Đầu Tư English 1 month(s) ago

VN rating outlook remains stable: S&P

Standard & Poor's (S&P) last week gave Viet Nam a crediting rating of BB-/B and a stable outlook, unchanged from the ratings announced in March 2015.

Keywords: 

Vietnam among fastest-growing economies in Asia, driven by electronic exports: IMF

0 vote(s)Comment

Báo Thanh Niên English 1 month(s) ago

Vietnam among fastest-growing economies in Asia, driven by electronic exports: IMF

After recording a five-year high growth of 6.68 percent last year, Vietnam's economic expansion will slow down to 6.3 percent, but that is a "still-robust" rise, according to the International Monetary Fund.

Keywords: 

Vietnam’s outlook rating remains stable: S&P

0 vote(s)Comment

Báo Dân Trí English 2 month(s) ago

Vietnam’s outlook rating remains stable: S&P

The Ministry of Finance has announced that the rating agency Standard & Poor’s (S&P) on April 29 gave Vietnam a crediting rating of BB-/B and a stable outlook, unchanged from the ratings announced in March 2015.

Keywords: 

IMF hails VN’s economic achievements

0 vote(s)Comment

Báo điện tử CP English 2 month(s) ago 1 related news

IMF hails VN’s economic achievements

VGP – The International Monetary Fund (IMF) hailed active developments in Viet Nam’s economy, said IMF Resident Representative in Viet Nam John Nelmes at his meeting with Head of the Party Central Committee’s Commission for Economic Affairs Nguyen Van Binh on April 21 in Ha Noi.

Keywords: 

Vietnam fiscal threat looms as debt tops Asian neighbors: chart

0 vote(s)Comment

Báo Thanh Niên English 2 month(s) ago

Vietnam fiscal threat looms as debt tops Asian neighbors: chart

Vietnam’s government is facing the biggest fiscal strain among emerging markets in Southeast Asia as public debt climbs, economic growth moderates and foreign reserves fall. State debt is set to reach 64 percent of gross domestic product this year, compared with 41 percent in Thailand and 56 percent in Malaysia, the World Bank said in a report this week. Total foreign debt is still fairly moderate though compared to peers. While growth in Vietnam is forecast to ease to 6.2...

Keywords: 

Quarter of state budget earmarked for debt repayments

0 vote(s)Comment

Báo Dân Trí English 2 month(s) ago

Quarter of state budget earmarked for debt repayments

Vietnam is forecast to use up a quarter of the state budget for debt repayments in 2016 and this rate may reach a record high between 2022 and 2025, said a local economist.

Keywords: 

Who will lose out when Vietnam's government increases borrowing?

0 vote(s)Comment

Báo Thanh Niên English 2 month(s) ago

Who will lose out when Vietnam's government increases borrowing?

Financing has always been one of the biggest issues for businesses in Vietnam, but economists now warn that it can be even much harder for the private sector to secure bank loans in the months ahead because of a major cash-thirsty competitor: the government.

Keywords: 

Vietnam's economy slowing down after a strong year: World Bank

0 vote(s)Comment

Báo Thanh Niên English 2 month(s) ago

Vietnam's economy slowing down after a strong year: World Bank

Vietnam's economy will see "moderate" growth of 6.2 percent this year, as private consumption and investment will slow down amid downside risks, both external and internal, the World Bank has said.

Keywords: 

World Bank expert talks down fears over rising public debt

0 vote(s)Comment

Báo Dân Trí English 2 month(s) ago

World Bank expert talks down fears over rising public debt

Vietnam's public debt may quickly exceed the ceiling set at 65% of GDP, which will result in the national economy's budget risks, warned a World Bank economist.

Keywords: 

Vietnam Airlines to sell, lease back aircraft to cut debt

0 vote(s)Comment

Báo Thanh Niên English 3 month(s) ago

Vietnam Airlines to sell, lease back aircraft to cut debt

State-owned Vietnam Airlines is going to sell and lease back three aircraft that it has ordered in an attempt to raise money and bring down debt obligations.

Keywords: 

Vietnam may be better off without ODA loans: economists

0 vote(s)Comment

Báo Thanh Niên English 3 month(s) ago

Vietnam may be better off without ODA loans: economists

Vietnam might face an economic shock when it no longer gets cheap international loans, but could well improve its financial discipline, enabling stable long-term development, economists have said.

Keywords: 

Top page