Government debt expected to increase by 20% this year.
This year, the Vietnamese government intends to borrow VND619.49 trillion ($25.2 billion), a 20.5% increase from 2021.
This year, the Vietnamese government intends to borrow VND619.49 trillion ($25.2 billion), a 20.5% increase from 2021.
Moody's placed Vietnam's Ba3 rating for delayed government debt payment and changed outlook to negative while Vietnam said the rating was improper as the government has never delayed meeting debt repayment obligations.