Vietnam's Foreign Loan and Repayment Plan

5:33:25 PM | 11/8/2006

In the next five years, the foreign debt structure of the Government and businesses will be stabilised. The commercial loan by businesses stands at US$1.2 billion a year while the loan by the Government will be increased from US$1.57 billion in 2005 to US$1.73 billion in 2010. In the 2006-2010 period, the total new loan is US$14.4 billion, an increase of 38.6 per cent compared with the 2001-2005 period, including US$8.4 billion of the Government (58.3 per cent) and US$6 billion of businesses (41.7 per cent).
 
The debt repayment in the next five years is estimated at US$11 billion, including US$5.4 billion of the Government and US$5.6 billion of businesses.
 
The outstanding foreign loan of the entire economy will be increased from US$16.7 billion in 2005 to US$24.4 billion in 2010. The total outstanding foreign loan against GDP in the next five years will be kept at 37.5 per cent rate, a slightly higher than that in the 2001-2005 period.
K.P