Hanoi (VNA) – Vietnam has recorded significant achievements in managing national foreign debts over the past three decades, said an official at a workshop held in Hanoi on January 26. Vo Huu Hien, Vice General Director of the Ministry of Finance’s Department of Debt Management and External Finance, made the statement, adding that the effective management has transformed Vietnam from a poor and heavily indebted country into a one receiving international organisations’ recognition as having a controlled external debt level and being excluded from the group of countries with a debt burden. According to data from the ministry, the public sector’s proportion in the structure of the national external debt decreased from 73.6 percent in 2010 to 63.4 percent in 2015 and 43.7 percent in 2020. The Government’s foreign loans are mainly official development assistance and concessional loans. To date, Vietnam has signed more than 85 billion USD worth of these loans. … [Read more...] about Progresses seen in Vietnam management of national foreign debts: workshop
Lazard emerging markets equity fund
Fuel prices rise for fifth time in a row
A motorbike is refilled at a local gas station. Fuel prices in the local market have been revised up for the fifth consecutive time – PHOTO: VNA HCMC - Domestic fuel retail prices were revised up by VND340-VND395 per liter or kilogram at 3 p.m. today, January 26, marking the fifth consecutive increase, according to an announcement issued by the Ministries of Industry-Trade and Finance. … [Read more...] about Fuel prices rise for fifth time in a row
If hunger and poverty still exist, development goals will not be achieved
The National Assembly plays an important role in perfecting the legal framework for building a socialist-oriented market economy, building a socialist rule-of-law state of the people, by the people, for the people, and completing state governance institutions, upholding the supervisory role of the people's power agency. Through the implementation of legislative, supervisory and decision-making functions on important national issues, the National Assembly discussed, passed laws, national strategies, and decided on the budget for the targeted program related to sustainable development, especially in the areas of environmental protection, climate change response, hunger eradication and poverty reduction, caring for ethnic minority and high-risk areas... … [Read more...] about If hunger and poverty still exist, development goals will not be achieved
