Budget deficit: Vietnam posts $9.3bn budget deficit in 2020, higher year on year but still within limit

20/06/2022 - 10:04
Vietnam posts $9.3bn budget deficit in 2020, higher year on year but still within ...

Vietnam lawmakers have passed a resolution to approve the government’s overspending of about $9.3 billion in 2020, approximately 3.4 percent of the year’s GDP and within the limit set by the legislature.
06/01/2022 - 14:49
Vietnam’s 2021 state budget deficit seen below 4% of GDP

The country’s budget deficit was seen at below 4% in 2021 after social spending rose and tax revenue fell because of restrictions imposed to curb the spread of COVID-19.
08/01/2021 - 21:14
Vietnam says 2020 fiscal deficits below 4% of GDP, public debt under ...

Vietnam performed well in controlling public debt, which was under the allowed limit and the budget overspending rate was 4%of GDP in 2020, Prime Minister Nguyen Xuan Phuc told an online conference.
06/01/2021 - 10:19
Vietnam's 2021 budget deficit expected to reach 3.6% of GDP: Fitch

Fitch Solutions maintain forecast for Vietnam’s 2021 budget deficit (excluding debt repayment) to be 3.6 percent of gross domestic product, slightly lower than the government’s 4 percent estimate.
06/11/2020 - 15:21
Vietnam projects 2021 budget deficit at 4% GDP from 3.8% deficit in ...

Vietnam sees 2020 budget deficit at 3.8% GDP and the rate could rise to 4% next year on pandemic, Minister of Finance Dinh Tien Dung told legislators during a meeting in Hanoi.
22/10/2020 - 13:38
Vietnam’s 2020 budget deficit seen at 5.59% of GDP, exceeding target

The country’s State budget deficit could increase to to 5.59 percent of the GDP this year, beating the 3.44 percent target since revenues fall over Covid-19 impacts.
12/06/2020 - 15:24
Vietnam’s Jan.-May budget deficit seen at $1.1bln vs $3.4bln surplus in ...

COVID-19 pandemic has been taking tolls on Vietnam’s State budget collection since the Ministry of Finance estimated a five-month deficit of $1.1 billion from about $3.4 billion surplus a year earlier.
10/04/2020 - 23:48
Vietnam in talks to borrow $1 billion as budget deficit seen widening

Vietnam plans to borrow $1 billion from foreign lenders this year, the Ministry of Finance said Friday, adding the country’s budget deficit is seen widening this year due to the coronavirus outbreak.
13/11/2019 - 18:27
Legislature approves 2020 budget overspending at over $10 billion

Vietnam expects 2020 budget revenue to reach VND1,512 trillion ($65.3 billion) while budget spending at about VND1,747 trillion ($75.3 billion), National Assembly approved on Tuesday in Hanoi.