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Vietnam's public debt
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Vietnam battles public debt and budget deficit
Crucial financial figures including high public debt and state budget overspending from 2011-2015 overshadowed Vietnam’s economy during the period, but the highlight was reaching 6.68 percent GDP growth in 2015.
Prime Minister Dung: a decade in power
Prime Minister Nguyen Tan Dung is scheduled to step down on Wednesday after 10 years in power. Let’s take a quick look at how the country's socio-economic development has progressed during his term in office.
PM: Vietnam targets to control budget deficit, public debt
Vietnam’s gross domestic product (GDP) in the first quarter of this year is estimated at 5.46 percent, down from 6.12 percent during the same period last year, signaling that the country’s economic growth might be losing momentum, Prime Minister Nguyen Xuan Phuc warned on Thursday at a meeting with senior officials from the Ministry of Finance.
April 21, 2016 | 11:27 pm PT
Bond sales slow down as banks buy less amid economic growth
Vietnam’s banks are cutting investments in government bonds as the economy continues to grow, boosting demand for funds.
May 4, 2016 | 08:07 pm PT
Fitch affirms Vietnam rating at 'BB-'; outlook stable
Fitch Ratings has affirmed Vietnam's long-term foreign and local currency issuer default rating at 'BB-' with a stable outlook.
May 20, 2016 | 03:53 am PT
Vietnam treasury bond sales extend losing streak
Vietnamese bond sales continued to drop off in May with commercial banks projecting lower yields following the central bank’s move to cut interest rates.
May 31, 2016 | 03:45 am PT
Vietnam to repay $12 billion in national debts in 2016
Vietnam will set aside VND273.3 trillion ($12 billion) to pay off maturing bonds and loans this year, according to the Prime Minister on Tuesday, of which VND95 trillion ($4 billion) will be used to roll over principal loans to stay afloat.
June 7, 2016 | 04:18 am PT
Vietnam seeks new loans to pay off mounting debt: BIDV
Vietnam is on the hunt for fresh credit to pay back existing debt after setting aside between 14 and 16 percent of total outstanding government loans and government-guaranteed loans to fulfil its debt obligations, said BIDV, one of the country’s largest lenders by assets, on Wednesday in a report.
June 8, 2016 | 04:11 am PT
Vietnam eyes tightening foreign aid to curb public debt
Ministry of Finance has requested state agencies to submit reports on their use of official development assistance (ODA) and other preferential loans in an attempt to keep loans at "safe level".
June 13, 2016 | 05:15 pm PT
Audit finds giant holes in Vietnam's local budgets
Local authorities in Vietnam have misspent about VND1.3 trillion ($58.7 million) this year, mostly on heavy construction investments, putting the country at risk of missing its deficit reduction target for the year, according to the State Audit.
June 22, 2016 | 01:06 am PT
Vietnam pays back $3 billion on foreign debts during first half of 2016
Vietnam's government spent more than VND68 trillion ($3 billion) to pay back foreign debts in the first six months of this year, said the General Statistics Office on its website.
June 29, 2016 | 02:50 am PT
Vietnam shifts to domestic funding to finance public spending
With the country hitting middle-income status, overseas credit is drying up.
July 18, 2016 | 04:51 pm PT
Vietnam battles to hit 6.7 pct growth goal
Economic slow-down is threatening to scupper the government's annual target.
July 28, 2016 | 08:01 pm PT
Vietnam to rake in $7 billion from massive divestment push
The lifting of the foreign-ownership cap could see money flooding in from overseas.
August 31, 2016 | 12:21 am PT
Vietnam looks for $100 billion miracle to meet public investment needs
Spiraling public debt is cutting funding to basic infrastructure the country needs.
September 30, 2016 | 12:38 am PT
Bond sales land Vietnam $367 million windfall
Long term bonds with high yields were snapped at the auction in Hanoi this week.
October 6, 2016 | 06:22 pm PT
Vietnam government borrowing hits $16 billion in Jan-Sep
That was nearly twice the amount seen in the same period last year.
October 12, 2016 | 12:43 am PT
Soaring national debt puts increased pressure on Vietnam’s aging population
Debt-laden Vietnam will soon have to figure out how to pay for a rapidly growing number of old people.
October 14, 2016 | 01:09 am PT
Vietnamese lawmakers deny debt ceiling increase, insist gov't control spending
The government wants to borrow more but the legislature is saying no.
October 18, 2016 | 06:55 pm PT
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