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Tag Archives: billion

Vietnam gov't plans to borrow over $20 billion this year

The Vietnamese government will borrow VND452 trillion (US$ 20.08 billion) this year to make up for its budget deficit and refinance its existing debts, according a plan recently approved by Prime Minister Nguyen Xuan Phuc. In comparison, that was an increase of 50.6 percent from the government’s borrowings in 2013.  ...

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Back taxes in Vietnam rise to $3.36 billion: data

Old, unpaid personal and business taxes in Vietnam swelled to VND76 trillion (US$ 3.36 billion) at the end of April, up 4.3 percent from December, local media reported, citing the General Department of Taxation. Many businesses made losses and even closed down, thus being unable to pay taxes in time, Vietnam ...

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Vietnam's VietJet to buy 100 Boeing planes for $11.3 billion

Vietnam’s VietJet on Monday agreed a firm order of 100 Boeing 737 MAX 200 jets worth $ 11.3 billion at list prices, making it one of Southeast Asia’s fastest-growing low-cost carriers. The deal, signed during U.S. president Barack Obama’s visit to Vietnam, represents a coup for Boeing, as VietJet has ...

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Work begins on $12 billion gas project in Vietnam

State giant PetroVietnam began work Sunday on a US$ 12 billion project to drill for gas and build infrastructure to supply the gas to several power plants in the Mekong Delta. More than half of the amount will be spent developing a gas field around 300 kilometers off Phu Quoc ...

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