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Vietnam among world’s top recipients of ODA, soft loans

Vietnam among world’s top recipients of ODA, soft loans

Vietnam has received US$80 billion in official development assistance (ODA) and preferential loans since 1993, becoming one of the largest ODA recipients in the world, said Deputy Prime Minister and Minister of Foreign Affairs Pham Binh Minh.

Exporters worry as end of foreign loans nears

Exporters worry as end of foreign loans nears

Exporters will no longer be allowed to borrow bank loans in foreign currencies beginning next year, if the State Bank of Vietnam (SBV) does not extend a circular regulating the loans.

Exporters worry as end of foreign loans nears

Exporters worry as end of foreign loans nears

Exporters will no longer be allowed to borrow bank loans in foreign currencies beginning next year, if the State Bank of Viet Nam (SBV) does not extend a circular regulating the loans.

Hoa Lac High-tech Park requests US$364 million

Hoa Lac High-tech Park requests US$364 million

The Hoa Lac High-tech Park (HHTP)’s management board has sent a report to the Ministry of Planning and Investment requesting nearly VND8.3 trillion (US$364 million) for land clearance and infrastructure construction.

No gov't back up for foreign loans

The Vietnamese Government will not be responsible for foreign loans that it has not guaranteed, according to a new prime ministerial decree.

Public debt down 1.9 pct

Public debt down 1.9 pct

(VOV) - Vietnam’s 2011 public debt fell 1.9 percent over 2010 to 55.4 percent of the country’s gross domestic product (GDP), according to a Government report.