Wake-up call in ODA use and management

The Ministry of Investment and Planning has issued a warning against borrowing from the Official Development Assistance (ODA) source fearing the country could fall into an “ODA and preferential loan’s trap”. Whether ODA will be the "trap" of the economy in the medium and long term depends on our ability to change ourselves, economist Võ Trí Thành says.

VN-Cambodia agreement on double taxation avoidance ratified

The Government has ratified an agreement on double taxation avoidance and income tax evasion prevention between Việt Nam and Cambodia.

Gov’t announces borrowing plans, limits for 2018

Prime Minister Nguyễn Xuân Phúc has announced the Government’s plans on borrowing, repayment and borrowing limits for 2018.

Productivity key to escaping mid-income trap

Though on its way to achieving all major economic goals, Việt Nam has its work cut out in maintaining an upward productivity growth lest it falls into the middle income trap and trails behind regional partners.

Vietnamese, Lao, Cambodian PMs review trilateral cooperation

Prime Minister Nguyễn Xuân Phúc yesterday held a meeting with his Lao and Cambodian counterparts, Thongloun Sisoulith and Hun Sen, on the sidelines of the 31st ASEAN Summit in Manila, the Philippines.

Moody’s assigns first-time ratings to OCB

Moody's Investors Service on Monday assigned first-time ratings and assessments to the Orient Commercial Joint Stock Bank (OCB).

Steel masterplan drops 12 projects

The Ministry of Industry and Trade (MoIT) has decided not to rely on 12 steel projects – deemed ineffective – while drawing up its master plan on steel production till 2025.

Việt Nam’s 2014 public debt reached $102 billion: State audit1

The State audit office of Việt Nam has announced the official figure of the 2014 public debt at more than VNĐ2.28 quadrillion (US$102.7 billion), yet hinting that it could even reach higher than that.

New auto sector strategy released Prime Minister Nguyen Tan Dung has issued a decision regarding the mechanisms and policies needed to implement the strategy for Viet Nam's automobile industry development through 2025, with a vision toward 2035.

New expressway opens to traffic on Saturday The newly built Ha Noi-Hai Phong expressway will be opened to traffic on Saturday (December 5), a representative of the project contractor said.