Ho Chi Minh City has approved VinSpeed, a subsidiary of conglomerate Vingroup, as the investor of the Ben Thanh–Can Gio railway project, with a total investment of approximately VND102.43 trillion (nearly US$3.9 billion).

VOV.VN - A thorough review is needed to facilitate the management of public debt, enable national development, and build investor confidence in Vietnam, National Assembly (NA) Chairman Tran Thanh Man said at a discussion session on amendments and supplements to a number of articles of the Law on Public Debt Manage held on November 13 in Hanoi as part of the 10th session of the 15th NA.

VOV.VN - Vietnam’s public debt has been kept at a sustainable and stable level, giving the country room to implement reasonable and expansionary fiscal policies when necessary, said Finance Minister Ho Duc Phoc.

Vietnam’s public debt in 2023 amounted to VND3.8 quadrillion, equivalent to 37% of gross domestic product (GDP), according to the Ministry of Finance.

The 27th session of the National Assembly (NA) Standing Committee opened on October 11.

International experts shared experience in public debt management and gave recommendations to Vietnam at a consultation workshop in Hanoi on August 17.

As Vietnam is about to join the group of upper-middle-income countries and pursuing the goal of becoming a developed and high-income country by 2045, the continuous renovation of economic institutions becomes more urgent than ever, said experts at a political dialogue workshop in Hanoi on March 1.

International experience in public debt management was shared with Vietnam at a workshop held in Hanoi on August 23.

Vietnam is targeting to control public debt below 60% of gross domestic product (GDP) by 2030 to ensure debt safety and national financial security.

VOV.VN - National Assembly Chairman Vuong Dinh Hue received World Bank Regional Vice President for East Asia and Pacific Manuela V. Ferro in Hanoi on March 21.