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August 18, 2022 | 13:00

Public debt safety and national financial security ensured

Trâm Anh

As of the end of 2021, Vietnam’s public debt totaled VND3.7 quadrillion ($158.88 billion), accounting for 43.1 per cent of GDP. According to the Ministry of Finance, the ratio of public debt to GDP is gradually declining, as is outstanding foreign loans, while domestic loans of the government are increasing rapidly. This helps ensure public debt safety and national financial security.

Public debt safety and national financial security ensured
Photo: Illustration

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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