Vietnam fiscal deficit widens to US$4.3 billion in 7 months on Covid-19
As of July 15, budget revenue collection reached VND697.5 trillion (US$30.17 billion), equivalent to 46.1% of the year's estimate.
18:00, 2020/00/09Vietnam National Economic Advisory Council sees GDP growth at 3 – 4% in 2020
For this year and early 2021, the PM expects fiscal deficit and public debt could widen by an additional 3–4 percentages of GDP to provide more support for enterprises.
15:30, 2020/30/16Vietnam fiscal deficit, public debt stay within limits set in 2016-2020 plan
In a worse scenario where GDP would expand 3.6% this year, Vietnam's fiscal deficit is forecast at 5.02% of GDP and public debt at 56.4%.
08:26, 2020/26/04Long road for Vietnam towards complete economic recovery: World Bank
Greater attention should be on the potential impact of the rapid monetary expansion on inflation and the deepening of the fiscal deficit caused by under-performing tax collection.
14:56, 2020/56/30Vietnam records fiscal deficit of over US$330 million in Jan-May
As of May 15, budget revenue collection reached VND529.6 trillion (US$22.7 billion), equivalent to 35% of the year's estimate.
16:47, 2020/47/17Vietnam targets fiscal deficit at below 4% of GDP in 2020
Vietnam continues to restructure the state budget and public debt management to ensure national financial security and sustainability .
09:54, 2020/54/06Fiscal stimulus package expected to widen Vietnam’s 2020 deficit
Fitch Solutions has revised its forecast for Vietnam to record a fiscal deficit of 3.8% of GDP (excluding debt principal repayments) in 2020, versus 3.4% previously.
14:22, 2020/22/20Debt maturity in 2020 – 2021 to put pressure on Vietnam’s state budget
Vietnam is capable of repaying debts, as the annual debt repayment accounts for 15 – 16% of total state budget, below the ceiling limit and international practice of 25%.