Deputy Prime Minister Vuong Dinh Hue has urged the financial sector to take measures on restructuring the state budget and public debt management to ensure the nation’s safe and sustainable finance.
Vietnam’s State Auditor General Ho Duc Phoc and President of the Audit Office Organisation of Laos Viengthong Siphandone agreed to continue boosting ties between the two audit agencies during their talks in Vientiane on April 4.
VOV.VN - On November 1, the National Assembly’s 2nd plenary meeting discussed financial issues, public debts, and mid-term public investment for the 2016-2020 period.
Hastening the disbursement of official development assistance (ODA) and preferential loans remains a huge task for the remaining two months of this year in the context of increasing public debts and limited resources, said Deputy Prime Minister Pham Binh Minh.
The National Assembly (NA) Standing Committee gave opinions on the preparations for the second session of the 14th legislature, which is expected to take place within 24 days with the last day on November 19.
VOV.VN - President Tran Dai Quang has addressed voters in Ho Chi Minh City’s Districts 1, 3, and 4 concerning major agenda of the 2nd session of the 14th National Assembly (NA).
Deputy Prime Minister Pham Binh Minh has requested improving the effective use of official development assistance (ODA) and preferential loans to ensure the safety of public debts.
Greater efforts at a national level are needed to create a new wave of investments in Vietnam, Vuong Dinh Hue, head of the Party Central Committee's Economic Commission, said.
Deputy Prime Minister Nguyen Xuan Phuc confirmed the Government has been cautious in public debts management via stabilising the macro economy and improving the investment environment as he took the floor at the Q&A session of the ninth sitting of the 13th National Assembly in Hanoi on June 13.
(VOV) - The public debt of Vietnam continues to rise and now stands at over US$81,885 billion, accounting for 47.7% of the nation’s GDP, according to the Economist.com Global debt clock.
The annual conference of the International Monetary Fund and the World Bank in Tokyo, Japan, is expected to find solutions to the crisis in the Eurozone, check the downturn of the global economy and assist developing countries.
The Prime Minister has recently asked ministries, agencies and localities to tighten management of State capital sources in an effort to stop scattered investment and optimize the efficiency of State-funded projects.