Vietnam must wean itself off foreign aid: lawmakers

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Báo Thanh Niên English 1 day(s) ago 1 related news

Vietnam must wean itself off foreign aid: lawmakers

Related agencies should strengthen management of official development assistance (ODA) as waste and corruption continue to plague ODA-funded projects, according to comments made by delegates during the ongoing National Assembly (NA) session.

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Vietnam should gradually reduce, then stop receiving foreign aids: lawmakers

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Báo Thanh Niên English 1 day(s) ago 1 related news

Vietnam should gradually reduce, then stop receiving foreign aids: lawmakers

Related agencies should strengthen management of official development assistance (ODA) as waste and corruption continue to plague ODA-funded projects, according to comments made by delegates during the ongoing National Assembly (NA) session.

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Controversial Long Thanh airport project

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VOV News English 2 day(s) ago 2 related news

Controversial Long Thanh airport project

(VOV) -It is not the right time to consult the Long Thanh airport construction project with the National Assembly (NA) that is scrutinizing public debt-related issues, said Transport Minister Dinh La Thang.

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PM calls for sustained efforts to deal with public debt

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VOV News English 3 day(s) ago

PM calls for sustained efforts to deal with public debt

(VOV) -Prime Minister Nguyen Tan Dung has asked cabinet members to clarify some issues related to public and bad debts, the structure of budget revenue and spending and control measures to reduce non-performing loans to only 3%.

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Vietnam public debts continue to rise

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Báo Thanh Niên English 1 week(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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Public debt rising fast, macro-economy stabilizing: PM

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Báo Tuổi Trẻ English 1 week(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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International bond issuances: who are the borrowers?

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VietnamNet English 2 week(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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ODA for Long Thanh airport not to affect public debt

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VietnamNet English 2 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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Default risk alert as Li shakes local safety net

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Báo Thanh Niên English 2 week(s) ago

Default risk alert as Li shakes local safety net

Rating companies say the risk of defaults in China has risen as Premier Li Keqiang pares implicit guarantees for local-government financing vehicles.

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No salary hike for state employees next year: finance minister

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Báo Tuổi Trẻ English 3 week(s) ago

No salary hike for state employees next year: finance minister

There is no resource left from the current tight state budget to set aside for salary hike for state workers next year, said finance minister Dinh Tien Dung at a recent meeting of the Standing Committee of the National Assembly (NA).

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Canadian gold company resumes operation after two months

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VietnamNet English 1 month(s) ago 1 related news

Canadian gold company resumes operation after two months

VietNamNet Bridge - A Besra Group representative said on September 29 that while waiting to settle tax debts with relevant agencies, the Group would formally restore its production at the Bong Mieu gold mine from September 30 after more than two months of closure.

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Inmate’s relatives place coffin before man’s house, demand repayment

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Báo Tuổi Trẻ English 1 month(s) ago

Inmate’s relatives place coffin before man’s house, demand repayment

A group of people who have a relative serving a life sentence in prison have placed a coffin in front of the house of a man in the central province of Nghe An, as a threat to demand that he return US$37,700 that the group had paid him for his help in getting their family member a lighter sentence.

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As Ukraine's debt tangle unwinds, Russia holds key thread

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Báo Thanh Niên English 1 month(s) ago

As Ukraine's debt tangle unwinds, Russia holds key thread

A selloff on Ukraine's dollar debt is focusing attention on a controversial $3 billion bond held by Russia, raising investor concerns that President Vladimir Putin could use the issue to trigger a cascade of defaults across Kiev's sovereign Eurobonds.

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EVN banned from investment in property, finance and securities

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Báo Đầu Tư English 2 month(s) ago 1 related news

EVN banned from investment in property, finance and securities

The government has issued a regulation on financial management for Vietnam Electricity Group (EVN), banning the group from investing in certain of non-core areas, such as real estate, finance and securities.

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Terms of home loan repayments extended

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VietNam News English 2 month(s) ago

The Government has extended repayment terms from 10 to 15 years on loans borrowed from the national VND30 trillion (US$1.41 billion) home-credit package.

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