NA adopts resolution on State budget final accounts of 2017 The National Assembly passed the Resolution on State budget final accounts for 2017 with 91.53 per cent approval at the ongoing seventh session of the 14th legislature yesterday.

Public debt within permissible limit: Finance Ministry Public debt indicators were under strict control and fell within the permissible limits set by the National Assembly’s Resolutions as of the end of 2018, according to the Finance Ministry.

Public debt a big risk for Việt Nam

The State budget deficit, which regularly remains at a high level, and rising public debt are among the biggest macro-economic risks facing Việt Nam, making it more difficult for the Government to help the economy head towards growth, said Professor Trần Thọ Đạt, principal of the National Economics University (NEU).

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

Resolution focuses on national resources

Nguyễn Bích Lâm, director general of the Statistics Office, talks to Việt Nam News Agency about what the country will do to maximise its resources to make the nation stronger.

Financial advisory council to the Government told to focus on science-technology

Deputy Prime Minister Vương Đình Huệ asked members of the National Financial and Monetary Policy Advisory Council to view science-technology as a ‘driver of growth’ rather than just an academic subject in its policy development process.

Strong growth needed in 2019

For Việt Nam to reach its goals set out in its 2016-2020 plan, robust economic growth will be needed for the next two years, experts have said.

Building on 2018 successes, 2019 will be a year of ’breakthroughs’: PM Phúc

This will be a year of ‘breakthroughs’ in all sectors and see all striving towards “the highest achievements,” Prime Minister Nguyễn Xuân Phúc wrote in an article issued on the first day of 2019 that summarised socio-economic development in 2018 and laid down orientations for 2019.

NA passed 2019 state budget spending

The 12th National Assembly on Wednesday approved a resolution for the State budget allocation for 2019, with total budget collection to exceed VNĐ1.411 quadrillion (US$61.34 billion) and total spending to hit more than VNĐ1.019 quadrillion.

Buget collection still a sticky wicket

Võ Thành Hưng, director general of the State Budget Department under the Ministry of Finance, speaks to the Kinh tế & Đô thị (Economic and Urban Affairs) newspaper about challenges tax offices face working with State-owned enterprises, foreign firms and private entities.