vietnam public debt

Vietnamnet global

Public debt continues with downward trend, Gov’t report shows

Vietnam’s public debt will fall to 56.1% of GDP by the end of 2019 from 58.4% last year, according to the Government’s latest report.

Vietnamnet global

Fitch Ratings: Vietnam succeeds in lowering public debt

The Vietnamese Government has succeeded in decreasing public debt from 53 percent of GDP in 2016 to 50.5 percent by the end of last year, according to Fitch Ratings.

Vietnamnet global

Local governments race to build expensive administrative centers

Hai Phong City has announced it will build a municipal administrative and political centre in Thuy Nguyen District at a huge cost of over $446 million. Not long ago, many provinces and cities made similar announcements.