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Friday, July 19, 2024

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Vietnam’s 2023 public debt at 37% of GDP

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.

Vietnam’s 2023 public debt at 37% of GDP

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

Vietnam plans to borrow over VND676 trillion in 2024

HCMC – The Government of Vietnam has announced its plan to borrow over VND676 trillion (or nearly US$27.5 billion) next year, with 55.2% of...

Vietnam’s public debt-to-GDP ratio declines

HCMC - Vietnam's public debt-to-GDP ratio has been inching down steadily since 2018, at 37.4% of the country’s gross domestic product (GDP) as of 2022. Foreign...

Government proposes borrowing US$27.5 billion in 2024

HCMC – The Government has put forth a proposal to borrow VND676 trillion (US$27.5 billion) in 2024 to address budget deficit, service existing debt...

Vietnam’s public debt drops sharply

HCMC - Vietnam's public debt amounted to US$157 billion in 2021, or 43.1% of gross domestic product (GDP), lower than the 62.2% in 2016. Vietnam's...

An insight into Vietnam’s indebtedness

National debt, or foreign debt, when reaching an excessive level, often leads to an economic crisis. Given debt crises in multiple countries, especially poor...

Vietnam’s public debt totals VND3,500 trillion as of June 2021

HCMC – Vietnam’s public debt, including the central Government’s debt, Government-guaranteed loans and loans of provinces, stood at over VND3,500 trillion as of June...

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