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Germany could see public debt spike
Germany faces a sharp rise in public debt - potentially climbing from 63% to 98% of GDP by 2040 as Berlin accelerates defence and infrastructure spending. Economic experts warn that prolonged reliance on borrowing could strain public finances and squeeze funding for social welfare.
Viet Nam - Republic of Korea step up chip cooperation
Economy 03:18Viet Nam is strengthening ties with the Republic of Korea in semiconductor manufacturing as it targets over 25 billion US dollars in annual chip revenues by 2030. In Ha Noi, hundreds of businesses and experts explored opportunities in chip design, packaging, and testing to move further up the global value chain.
Germany could see public debt spike
Economy 02:00Germany faces a sharp rise in public debt - potentially climbing from 63% to 98% of GDP by 2040 as Berlin accelerates defence and infrastructure spending. Economic experts warn that prolonged reliance on borrowing could strain public finances and squeeze funding for social welfare.
Viet Nam seeks to boost private infrastructure funding
Economy 02:24Mobilising private capital for infrastructure took centre stage as deputies questioned the minister of finance at the National Assembly on 12 November. Deputies asked how Viet Nam could make public-private partnerships, or PPPs, more attractive and ensure the government's funding commitments are delivered in full and on time.
Inflationary risks remain
Economy 03:37Viet Nam's Consumer Price Index rose to 4.75 percent in the first ten months of 2026, exceeding the full-year target. While seasonal food price hikes and global energy volatility pose ongoing risks into 2027, recent government tax cuts on fuel and strong fiscal policies aim to ease inflationary pressure and keep costs within a manageable range.
VEFTA opens new opportunities for Vietnamese firms
Economy 01:55The agreement between Viet Nam and the European Free Trade Association (EFTA) was signed on 18 October, opening up new opportunities for Vietnamese businesses to enter a high-value, quality-conscious market. However, with the agreement not yet in force, enterprises are being urged to prepare early to make the most of the opportunities ahead.
Realising double-digit growth targets
Economy 07:50The National Assembly has approved ambitious double-digit growth targets for 30 localities in 2027, with Hai Phong and Quang Ninh leading. To achieve this, lawmakers emphasise streamlining public investment, unlocking private capital and attracting foreign funds. Crucially, this economic momentum must translate into better jobs, improved public services and sustainable environmental practices driven by technological innovation as Viet Nam moves towards high-income status.
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