Government plans to borrow 1.7 quadrillion VND in 2021-2023 Business

Government plans to borrow 1.7 quadrillion VND in 2021-2023

The Vietnamese Government plans to borrow more than 1.7 quadrillion VND (73.2 billion USD) in the 2021-2023 period to meet the capital demand for socio-economic development, according to the public debt management plan for the next three years approved late last week.
State budget revenue up in first two months Business

State budget revenue up in first two months

State budget collections were estimated at 286.7 trillion VND (12.4 billion USD) during January and February, or 21.3 percent of the annual estimate and up 0.6 percent year-on-year, the Ministry of Finance reported on March 8.
Improving sentiment lifts emerging East Asian bonds Business

Improving sentiment lifts emerging East Asian bonds

The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in emerging East Asia, including Vietnam, despite risks from the COVID-19 pandemic, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.