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Tag - debt

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mercredi 20 février 2019

The plan to pay back public debt in 2019

Đinh Tiến Dũng, Minister of Finance, talks to Thời báo Kinh tế (Việt Nam Economic Times) about Việt Nam’s plan to pay back its foreign debts in 2019

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mardi 5 juillet 2016

Vietnam's public debt on the rise

Vietnam's government debt reached more than 1.5 quadrillion dong (US$66.7 billion) last year, expanding nearly 70 per cent during the 2010-15 period, the Vietnam News Agency reported on Monday.

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lundi 26 octobre 2015

Vietnam seeks new tools to beat bad-debt woes

With a shabby facade, bars on its windows and flanked by a hair salon and a knockoff clothing store, the Vietnam Asset Management Company (VAMC) looks more like a backstreet pawnshop than a much-heralded bad-debt bank.

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lundi 22 juin 2015

Vietnam's public debt under control, says prime minister

Vietnam is controlling its public debt very well and borrowings from foreign partners have been spent effectively, Prime Minister Nguyen Tan Dung said last week.

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jeudi 11 juin 2015

Vietnam rushes to avoid debt woes inherent in China growth model

For decades, Vietnam has modeled its growth after China’s, with a state-enterprise driven economy and a push toward low-cost manufacturing. Now, the Southeast Asian nation is trying to avoid the debt pitfalls of its larger neighbor.

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jeudi 15 janvier 2015

Dong depreciation increases Vietnam’s foreign debt

The latest decision by the State Bank of Vietnam (SBV) will put pressure on Vietnam’s foreign debt payments in 2015, analysts have said.

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jeudi 13 novembre 2014

Vietnam tightens valuations to clean up bad debt

Vietnam’s state asset management company will use its own valuations instead of inflated book values to buy bad debt from banks by the end of next month to accelerate a revamp of the financial system and revive lending.

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jeudi 6 novembre 2014

Vietnam markets dollar bonds

Vietnam is looking to sell dollar bonds globally for the first time in almost five years, seeking to refinance existing debt after upgrades from Fitch Ratings and Moody’s Investors Service.

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mardi 2 septembre 2014

Vietnam : a poor country with rich country problems

Vietnam plans to relieve its spiraling public debts by raising taxes, but the rapid graying of its workforce could throw a wrench into that plan.

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mardi 19 août 2014

Vietnam's ticking debt bomb

For Vietnam, the debt problem serves as a reminder that the state should have limited influence in business.

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vendredi 8 août 2014

Vietnam seeks rule changes to accelerate bad debt sales

Vietnam may change rules to quicken bad-debt sales that have been stalled by a reluctance to accept losses, hampering an economy that risks missing its growth target this year.

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dimanche 23 février 2014

Vietnam says bad debt at 9pc, below Moody’s estimate

HANOI - Bad debt in Vietnam is expected to account for about 9 per cent of total loans, after careful calculations, below the 15 per cent ratio estimated by Moody’s Investors Service, the central bank said in a statement.

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vendredi 7 décembre 2012

Bad debts stunting Vietnam’s economic growth

Bad debts and high lending interest rates have stunted Vietnam’s economic growth and development plans.

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jeudi 29 novembre 2012

Expert downgrades Vietnam’s economic outlook

Vietnam’s economic growth rate in 2012 is forecast at 5.2 percent. It is the second adjustment from the previous projections of 5.5 percent and 6.5 percent, and is due to a slowing down of the country’s economic performance in the first 10 months of 2012.

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lundi 8 octobre 2012

Vietnam tells central bank to clean up bad debt

HANOI—The State Bank of Vietnam said the central government ordered it to take measures to clean up bad debt in the banking system, as authorities try to stave off downward pressure on the economy.

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vendredi 24 août 2012

Debt risks lurk in Vietnam's unreformed state giants

From the rural heartlands to traffic-choked cities, Vietnam Electricity Group is hard to miss. It builds apartments, runs a bank, oversees a stock brokerage, provides electrical power to millions of homes and employs 100,000 people.

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mercredi 22 décembre 2010

Tax concessions for Vietnam shipbuilder Vinashin

HANOI — Vietnam has granted tax concessions to nearly-bankrupt shipbuilder Vinashin, a newspaper reported Wednesday, after speculation authorities would find a way to help the firm meet a debt deadline.

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jeudi 16 décembre 2010

Vietnam shipbuilder can't make debt payment

Vietnam's beleaguered state-run shipbuilding company does not have enough money to make a $60 million loan payment next week, and has asked foreign creditors for more time to pay, state-run media reported Tuesday.

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mercredi 24 novembre 2010

Vietnam government refuses to pay state-owned shipbuilders' debts

The Vietnamese government on Tuesday refused to pay the debts of troubled state-owned Vietnam Shipbuilding Industry Group (Vinashin).

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Vietnam public debts likely to fall to 40pct by 2020

Vietnam's total public debts are likely to gradually reduce to around 40 percent of the gross domestic product by 2020, said Benedict Bingham, Hanoi-based senior resident representative of the International Monetary Fund (IMF).

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mercredi 28 juillet 2010

Vietnam to revamp debt-laden shipbuilder Vinashin

Vietnam will restructure Vinashin, its top shipbuilder, cutting its non-core businesses after the firm was found to be nearly bankrupt, a ruling party commission said.

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