A broader view on Gov’t guarantees required – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News By Võ Trí Thành* For many years, Việt Nam’s Government has been acting as a guarantor for a lot of investment projects. This has increased confidence of both lenders and investors in the implementation and success of the projects. However, experts recently argued that because public debts are rising, private companies should carry out infrastructure projects without Government guarantees. So are the Government’s sovereign guarantees necessary anymore, when the country still needs capital for infrastructure development? It is undeniable that foreign loans have contributed…

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