The growth rate of external debt balance of the public sector has also been strictly controlled, from the average of 13 per cent a year in the period of 2011-15 to about 3 per cent a year in the 2016-20 period, contributing to curbing direct debt obligations and State budget provisions. … [Read more...] about Viet Nam’s foreign debts under control
Rwanda foreign debt
Vietnam’s foreign debts under control
A representative of the International Monetary Fund said that Viet Nam's current foreign debt management mechanism has not focused on sources of risk. Short-term loans are less managed than long-term ones; no self-insurance requirement as well as a clear regulatory change strategy in response to vulnerability risks. … [Read more...] about Vietnam’s foreign debts under control
Progresses seen in Vietnam management of national foreign debts: workshop
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
VIETNAM BUSINESS NEWS JANUARY 27
The six airports comprise Dong Hoi in the central province of Quang Binh, Rach Gia in the Mekong Delta province of Kien Giang, Ca Mau in the Mekong Delta province of the same name, Sa Pa in the northern mountainous province of Lao Cai, Lai Chau in the northern province of the same name and Quang Tri in the central province of Quang Tri, Sai Gon Giai Phong Online newspaper reported. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 27
