The Prime Minister of Vietnam has issued Decision 2184/QD-TTg, amending and supplementing a number of articles of Decision No. 352/QD-TTg dated February 27, 2026, which approved the 2026 public debt borrowing and repayment plan.
Pursuant to the Law on Public Debt Management and other relevant laws, the decision aims to adjust the limit for foreign commercial borrowing under the mode of self-borrowing and self-repayment in 2026.
Article 1 of the decision amends Clause 3, Article 1 of Decision No. 352/QD-TTg, stating that the limits of medium- and long-term foreign commercial loans of enterprises and credit institutions under the self-borrowing and self-repayment mode shall not exceed USD 10 billion/year.
The growth rate of outstanding short-term foreign debt shall not exceed 27% compared to the outstanding balance at the end of 2025.
The decision takes effect from the date of signing for promulgation, and relevant organizations are responsible for implementing it.
Ministers, Heads of ministerial-level agencies, and Chairpersons of the People’s Committees of provinces and centrally run cities will oversee the implementation of this decision.
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The adjustment of the limit for foreign commercial borrowing is expected to have an impact on the country’s public debt management, as it may affect the overall borrowing and repayment plan for 2026.
According to the decision, the State Bank of Vietnam and the Ministry of Finance proposed the adjustment of the limit for foreign commercial borrowing under the mode of self-borrowing and self-repayment in 2026.
The decision is part of the government’s efforts to manage public debt and ensure the country’s financial stability, as outlined in the public debt management framework. The government’s goal is to maintain financial stability, and they are taking steps to achieve this goal.
The decision includes specific limits for foreign commercial borrowing, which are expected to help manage public debt.
The decision is a key part of the government’s plan to manage public debt. It is expected to have a positive impact on the country’s financial stability. The government is taking a careful approach to managing public debt, and the decision is an important step in this process.
