Public Debt Strategy in Vietnam: Issues Posed for Period 2021-2030

Tóm tắt

Public debt, external debt, and public debt management are among ardently debated topics on national and global forums. The paper analyzes the implementation of the Vietnam’s Public Debt Strategy for the period of 2011-2020, based on which suggestions for the development of the 2021-2030 Public Debt Strategy are introduced, including: (i) improving the quality of strategy-making and planning processes as well as the legal framework for coordination and monitoring of strategy and plan implementation; (ii) developing a complete process for management of public debt, foreign debt, and fiscal and monetary policies; (iii) indicating further the distinctions between local and central government debts; (iv) assessing risk tolerance during the stage of strategy formulation; and (iv) enhancing statistical capability, providing quality information associated with public debt management, and defi ning evidently the category of public debt for management purposes.
(Received 24 April 2019; published 25 June 2020)