Library

Decision 56/2012/QD-TTg on regulation to handle public debt risk

Decision 56/2012/QD-TTg on regulation to handle public debt risk

For the interest rate or exchange rate risks in public debt, the competent authority is allowed to set aside reserve to handle according to regulations.

This has been regulated by the Prime Minister in Decision 56/2012/QD-TTg on the management regulations and handling risks of public debt portfolio.

Regardless liquidity risk in the debt of Government, Ministry of Finance is allowed to use idle capital from the state budget, funds accumulated debt or other legal financial sources to handle.

Competent agencies and responsibilities for handling risks are the Prime Minister, Ministry of Finance, the Provincial People’s Committee and borrowers or guaranteed borrowers.

This Decision takes effect from March 1st 2013.

 

Tuan Nguyen

Recent Posts

Construction Practicing Certificate in Vietnam: 7 Issues Foreign Engineers Should Check Before Supervision and Acceptance

A construction practicing certificate in Vietnam is not only a personal qualification paper.  Many foreign…

3 days ago

Anti-Dumping Investigation on Solar Glass from Vietnam: 7 Checks for Exporters

Turkey has opened an anti-dumping investigation on solar glass from Vietnam, China, and Malaysia. The…

6 days ago

How to Obtain a Construction Practicing Certificate in Vietnam: 10 Steps for Foreign Engineers

Foreign engineers, construction managers, designers, supervision consultants, and cost managers working on construction projects in…

7 days ago

Turkey Anti-Dumping Investigation on Polyester Tire Cord Fabric from Vietnam: 4 Risks Exporters Should Know

On June 16, 2026, Turkey opened an anti-dumping investigation on polyester tire cord fabric from…

1 week ago

Work Permit for Foreign Engineers in Vietnam: 7 Issues Foreign Contractors Should Plan Before Mobilization

A work permit for foreign engineers in Vietnam is not just a matter for the…

2 weeks ago

Evidence in Arbitration in Vietnam: 7 Problems Foreign Companies Often Underestimate

A company can be commercially right and still present a weak arbitration case. In evidence…

2 weeks ago

This website uses cookies.