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

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Báo Thanh Niên English 1 day(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.

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Vietnam’s outlook rating remains stable: S&P

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Báo Dân Trí English 5 day(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.

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IMF hails VN’s economic achievements

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Báo điện tử CP English 2 week(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.

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Vietnam fiscal threat looms as debt tops Asian neighbors: chart

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Báo Thanh Niên English 3 week(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...

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Quarter of state budget earmarked for debt repayments

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Báo Dân Trí English 3 week(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.

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

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Báo Thanh Niên English 3 week(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.

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

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Báo Thanh Niên English 3 week(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.

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World Bank expert talks down fears over rising public debt

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Báo Dân Trí English 3 week(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.

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Vietnam Airlines to sell, lease back aircraft to cut debt

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Báo Thanh Niên English 1 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.

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Vietnam may be better off without ODA loans: economists

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Báo Thanh Niên English 1 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.

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ODA management and use tightened

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Báo điện tử CP English 1 month(s) ago 11 related news

ODA management and use tightened

VGP – The Government has released a new decree to amend Decree No. 38/2013/ND-CP, dated April 23, 2013 on management and use of official development assistance.

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Expert urges Vietnam to count pennies as gov’t debts spike

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Báo Tuổi Trẻ English 2 month(s) ago

Expert urges Vietnam to count pennies as gov’t debts spike

With debts owed by the Vietnamese government having more than doubled over the past five years, an economic expert warns against reckless spending to avoid exacerbating the situation.

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Vietnam's public debt rises to 62 pct of GDP; large bond sale planned

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Báo Thanh Niên English 2 month(s) ago

Vietnam's public debt rises to 62 pct of GDP; large bond sale planned

Vietnam's public debt is inching up closer to safety limits after its gross domestic product is revised down slightly in an unexpected move.

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Vietnam can only afford half of spending planned for 2016-20

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Báo Tuổi Trẻ English 2 month(s) ago

Vietnam can only afford half of spending planned for 2016-20

The Vietnamese government will need twice as much as it can afford when it comes to spending in the next five years, the Ministry of Planning and Investment has said, raising the eyebrows of lawmaking National Assembly members.

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Balancing the books

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VietnamNet English 2 month(s) ago

Balancing the books

VietNamNet Bridge – Vietnam must work to improve collections and rein in overspending if it hopes to bridge its budget deficit.

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