Budget deficit target set at 3.7% of GDP
08/01/2018The Ministry of Finance (MoF) expects to keep this year’s State Budget deficit at 3.7 per cent of the GDP, below the 3.9 per cent mandated by the National Assembly. SEE MOREGov’t targets 6.7% 2018 GDP growth
03/01/2018Following impressive GDP growth of 6.81 per cent in 2017, the government has released a set of measures and priorities to achieve socio-economic development targets in 2018. SEE MOREEconomists fear big money supply may lead to high bad-debt ratio
29/12/2017To obtain a 20 percent credit growth rate this year, total outstanding loans will have to increase by VND1,200 trillion. In the last five last months of the year, VND700 trillion is expected to be pumped into circulation. SEE MOREODA report: debts heaped on debts
29/12/2017The Ministry of Planning and Investment (MPI) has been asked to explain to the National Assembly why ODA (official development assistance) loans have reached a total of VND600 trillion, twice as much as the amount approved by the NA. SEE MORE2017 economic growth exceeds set target
28/12/2017The gross domestic product (GDP) growth in 2017 is estimated to expand by 6.81 percent, surpassing the Government’s set target of 6.7 percent. SEE MORE
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