(VOV) -Vietnam’s public debt is still within the limit set by the National Assembly (NA), affirmed Prime Minister Nguyen Tan Dung at the NA question session in Hanoi on November 19.
Vietnam’s public debt remains within the limit approved by the National Assembly, Deputy Minister of Planning and Investment Dao Quang Thu has said.
National Assembly deputies called for tightening the management of budget spending during their discussions on the use of State budget in 2014, as well as the budget estimates and distribution for the following year at the October 31 session.
(VOV) -Vietnam has not yet built a standard to evaluate its public debt, said Dr. Nguyen Duc Kien, Vice Chairman of the National Assembly Committee for Economic Affairs.
(VOV) -A Vietnamese delegation led by Deputy Minister of Finance Truong Chi Trung visited Mexico from October 19–24 to share its own and learn from different experiences in public debt management.
(VOV) - Legislators, investors and bankers from Vietnam and Laos examined ways of realising macroeconomic, financial, monetary and banking policies at a workshop in Vientiane on July 27.
(VOV) - HCM City voters have proposed that the government devise a medium-term economic recovery plan and introduce effective solutions to agricultural production.
(VOV) -The Government has affirmed that Vietnam’s public debts are still within the limit.
(VOV) - The Finance Ministry has announced Vietnam’s public debt hit VND1,392 trillion by the end of 2011, equivalent to 54.9 percent the GDP for that year.
(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.
Vietnam strives to cut public debt to less than 65 percent of its gross domestic product by 2020 and 60 percent by 2030.
The Asian Development Bank (ADB) has pledged to help Vietnam strengthen legal frameworks of the financial sector, develop a well-functioning money market, and promote a deeper Government bond market.
Vietnam should review its current development strategies and increase reforms to overcome internal barriers to economic growth, an expert has said.
The widespread public debt crisis threatens not only such major economies as the US, EU, and Japan but also many other countries that have established commercial ties with them.