Vietnam’s sovereign debts remain within the safety line. The most important thing for now is to control the debts, or the debts may become a heavy burden on the national economy and the whole society, Bui Kien Thanh, a well-known economist, told VietNamNet. In the interview given to VietNamNet, Thanh said that he can see [...]
In the following years, Vietnam’s public debts are expected to increase gradually at about 64 percent of GDP in 2015 and 80 percent of GDP by 2020. According to the annual report 2011 on Vietnam’s economy with theme “Economy at the crossroad” launched by Vietnam Centre for Economics and Policy Research (VEPR) under Hanoi National [...]
Vietnam’s total public debts are likely to gradually reduce to around 40 percent of the gross domestic product by 2020, said Benedict Bingham, Hanoi-based senior resident representative of the International Monetary Fund (IMF). Bingham made the forecast at a talk at the Economic University under the Hanoi National University on November 15. The IMF representative [...]
Vietnam’s total public debts are likely to gradually reduce to around 40% of the gross domestic product by 2020, said Benedict Bingham, Hanoi-based senior resident representative of the International Monetary Fund (IMF). Bingham made the forecast at a talk at the Economic University under the Hanoi National University on Nov 15. The IMF representative urged [...]
Minister of Finance Vu Van Ninh has affirmed that the current public debts of Vietnam are still within the safety line. However, Ninh said that in the long term, Vietnam needs to remain cautious with its borrowing plan. Vu Van Ninh had a talk with press agencies on the sidelines of the ongoing National Assembly’s [...]
Vietnam’s public debts in 2009 hovered around 52 percent of the country’s GDP and ranked 44th out of 129 countries in the world behind United States, Morocco and Kenya according to the CIA’s World Fact book. The lowest ratio was 1.1 percent and the highest 304.3 percent and public debt exceeded 50 percent of GDP [...]
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