chevrons

Back to Previous Page

Vietnam stands out as among the healthiest in the region in terms of fiscal leverage

According to Ministry of Finance, Vietnam’s public debt-to-GDP ratio has fallen sharply from nearly 56% in 2020 to just 34% in 2024, well below the statutory ceiling of 60%. This is not only a remarkable fiscal consolidation within just a few years but also places Vietnam at a much lower level than many regional peers.

Why does this matter? A leaner debt profile gives Vietnam ample room for healthy leverage to finance growth priorities, from infrastructure and energy transition to digital transformation and human capital development.

As the country sets its sights on becoming a high-income economy in the coming decades, this fiscal space becomes a crucial advantage. In a world where many emerging markets are struggling with debt burdens, Vietnam stands out with resilience, creating the foundation to power the next wave of growth.

Vietnam public debt to GDP among the lowest in Asia

Related News & Insights
Find out more navigation_button
news

Authorities in Danang city have approved investors for the nearly VND45.27 trillion ($1.72 billion) Lien Chieu container port project, marking a major step toward developing a new international gateway port in central Vietnam. Danang’s Deputy Chairman Le Quang Nam has signed a decision approving the investor selection for the comprehensive construction of Lien Chieu container […]

Read Newsarrow
news

Vietnam’s chain coffee has secured a position among Southeast Asia’s leading market, ranking third by value at an estimated 725 million USD and posting one of the region’s fastest growth rates at 27%. A recent report by Momentum Works shows that Southeast Asia’s modern tea and coffee market expanded to 9.9 billion USD in 2025, […]

Read Newsarrow
news

The new facility will manufacture large power transformers mainly for High-Voltage Direct Current (HVDC) projects, complementing GE Vernova’s existing HVDC transformer manufacturing facilities in Stafford, the UK, and India, etc… GE Vernova Invests $200M in Vietnam Energy Infrastructure At the inaugural Energy of Change Summit held in Hanoi on March 10, GE Vernova announced that it […]

Read Newsarrow
Find out more navigation_button