VietNamNet Bridge – Vietnam’s public debt rose by about 12.2%, from 50% of GDP in 2011 to 62.2% at the end of 2015. Admitting the rapid increase of public debt, the Ministry of Finance (MOF) has confirmed that the structure of Vietnam's public debt is gradually being … [Read more...] about What does the Finance Ministry say about Vietnam’s public debt structure?
As a developing country which is integrating in the international economy, Vietnam increasingly needs investment for development. Public debts are still important financial sources to offset state budget deficit for economic growth and sustainable development. Public debt … [Read more...] about Improving public debt management
The unexpected report about the banks’ bad debts to the real estate sector has been released by the National Finance Supervision Council, which shows that the actual bad debts are much higher than the figures announced before by government agencies. By the end of 2011, … [Read more...] about Banks’ bad debts to real estate sector worse than initially reported
Before the Vietnamese National Assembly convenes, an international conference on "public debt and sovereign debt management" was held in Hanoi. As there were different ways to calculate public debt, assessments on the safety of public debt to the economy were dissimilar. … [Read more...] about Public Debt: Different Assessments
The Viet Nam Asset Management Company (VAMC) bought more than VNĐ25.53 trillion (US$1.12 billion) of non-performing loans (NPLs) from 14 credit institutions. The Viet Nam Asset Management Company bought more than VNĐ25.53 trillion (US$1.12 billion) of non-performing … [Read more...] about VAMC buys $1.12 billion bad debts this year