Vietnam’s foreign debt widens to 42.2 pct of GDP

Hanoi, Aug 15, 2011. Vietnam’s foreign debt reached 32.5 billion dollars in December 2010, up from 27.9 billion dollars from the same period in 2009, authorities said.

Direct loans to the government accounted for nearly 27.9 billion dollars, while the remainder was made up government-guaranteed loans taken by local companies, the Ministry of Finance said in a statement.

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