The State Audit Office of Viet Nam (SAOV) has announced the official figure of the 2014 public debt at more than VND2.28 quadrillion (US$102.7 billion), yet hinting that it might have reached higher than that.

The industry and trade ministry is drafting an action plan for lowering logistics costs to touch 18 per cent of the country's gross domestic product (GDP) by 2020.

The Transport Development and Strategy Institute under the Ministry of Transport (MoT) has recently proposed mobilizing over VND91 trillion ($4 billion) to develop infrastructure and logistics systems in the Mekong Delta during the 2016-2020 period.

The government’s economic restructuring efforts since 2011 have resulted in some positive results with the economy returning to stability and further slowdowns averted, but much still needs to be done to bolster the economy in the next five years.

Foreign capital inflows into Vietnam’s securities market in the first half of this year increased 3.5-fold on a yearly basis, reaching 722 million USD. 

A bright economic outlook and strong foreign capital inflows have made Viet Nam's financial market among the five best performing markets in the world, a press conference held by the State Securities Commission yesterday announced.