Vietnam public debts continue to rise

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Báo Thanh Niên English 4 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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Gov’t changes mind about settling bad debts with state money

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VietnamNet English 14 hour(s) ago

Gov’t changes mind about settling bad debts with state money

VietNamNet Bridge – In a last-minute move, the government has decided not to settle bad debts with money from the state budget, which had been suggested by the Ministry of Planning and Investment.

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Vietnam violates key economic principles, says minister

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Báo Dân Trí English 1 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 debt disadvantages new airport project, Transport Minister

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SaiGon GP English 2 day(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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Public, foreign debts within limit, says PM

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VietnamNet English 2 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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Public debt rising fast, macro-economy stabilizing: PM

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Báo Tuổi Trẻ English 3 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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Should the gov’t bail out State-owned enterprises?

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VietnamNet English 3 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 4 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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New airport to relieve overloading

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VietNam News English 7 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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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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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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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 chairman notices State budget safety

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VietnamNet English 1 week(s) ago

NA chairman notices State budget safety

VietNamNet Bridge – National Assembly (NA) chairman Nguyen Sinh Hung on October 9 urged ministers to solve problems in connection to budget collections and spending to secure budget safety in 2014 and 2015.

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Government defends Long Thanh Airport as sound, necessary investment

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Báo Thanh Niên English 2 week(s) ago 2 related news

Government defends Long Thanh Airport as sound, necessary investment

The use of foreign aids for the construction of a new major airport in souther Vietnam will raise the public debt by 0.029 percent, a transport official said Friday.

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Vietnam deputy minister says Long Thanh airport to cost over $18bn

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Báo Tuổi Trẻ English 1 week(s) ago 1 duplicate news 2 related news

Vietnam deputy minister says Long Thanh airport to cost over $18bn

It is estimated that the megaproject to build an international airport in the southern province of Dong Nai to share the overloading burden with Tan Son Nhat International Airport in Ho Chi Minh City will cost more than US$18 billion for all three phases, Vietnam’s deputy transport minister said Friday.

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