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Vietnam to borrow additional $1.2 billion from foreign partners in 2023
The Ministry of Finance is completing the negotiation and signing of 12 loan agreements with a total value of $1.255 billion.
Vietnam debt Tin tức
Vietnam borrows more than $530 million from international partners
The Vietnamese government signed six loans totaling $531.79 million in the first seven months of 2023, according to the Debt Management and External Finance Department.
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04/08/2022 - 09:24Government debt drops by VND57 trillion when exchange rate fluctuates
Public debt is not much affected by the increase in the USD. The evolution of outstanding loans and debt repayment obligations is still under control.
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25/05/2022 - 11:54Gov’t asks for extension to bad debt programme
The Government has asked for an extension to a pilot program designed to handle bad debt from domestic financial institutions during a meeting of the National Assembly on May 24.
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07/01/2022 - 13:04Bad debts at Vietnam’s banks rise 26% to nearly $5 billion
As of third quarter 2021, bad debt of 27 commercial banks reached VND111 trillion ($4.9 billion), up 26% compared to the beginning of the year, according to the State Bank of Vietnam.
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29/10/2021 - 20:16Public debt exceeds VND4 quadrillion, VND5 quadrillion threshold near
Public debt is anticipated to increase rapidly in 2022-2024, exceeding the VND4 quadrillion threshold and getting closer to VND5 quadrillion.
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06/09/2021 - 07:00Vietnam: strong exports carry weight of potential risks
Identified as a regional outperformer for exports, local businesses should remain alert to export credit risk and take steps to protect their cash flows.
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08/01/2021 - 21:14Vietnam says 2020 fiscal deficits below 4% of GDP, public debt under ...
Vietnam performed well in controlling public debt, which was under the allowed limit and the budget overspending rate was 4%of GDP in 2020, Prime Minister Nguyen Xuan Phuc told an online conference.
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12/11/2020 - 15:22Vietnam banks’ bad debt surges 31% on Covid-19 pandemic
Non-performing loans among commercial banks increased sharply in the first three quarters of this year due to the adverse impacts of the Covid-19 pandemic.
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12/10/2020 - 14:0812 ailing state-managed projects mired in $2.7 bln debt
Several state-owned companies have lost money and piled up over VND63.3 trillion ($2.73 billion) worth of debts as a result of poor execution of 12 factory construction and expansion works.
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05/06/2020 - 14:05Sacombank to resolve $473mln bad debt in 2020, profit projected to fall ...
Sacombank, which is striving to be among Vietnam's top ten banks three years from now, targets to resolve VND11 trillion ($473 million) bad debt in 2020, bank's leaders told online shareholders’ meeting.
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04/05/2020 - 22:56Vietnam ranks 12th among 66 emerging economies in Covid-19 fallout
Vietnam was placed as the 12th strongest economy out of 66 emerging economies in the wake of the Covid-19 fallout, according to the Economist.
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07/01/2020 - 17:30State construction firm Song Da mired in debts: VnExpress
State-owned Song Da Corp Jsc, builder of hydropower plants and tunnels, is struggling with accumulated debts of VND11.13 trillion ($479.8 million).
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18/12/2019 - 23:40Moody's gives Vietnam Ba3 rating, changes outlook to negative
Moody's placed Vietnam's Ba3 rating for delayed government debt payment and changed outlook to negative while Vietnam said the rating was improper as the government has never delayed meeting debt repayment obligations.
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28/10/2019 - 11:11Vietnam aims at reduction in public debt ratio: VnExpress
Vietnam aims to reduce its public debt by 3.4 percentage points to 52.7 percent of GDP in 2022, the Ministry of Finance says.
