Vietnam to repay $4 bln debt in 2011

Vietnam will repay VND86 trillion ($4.11 billion) in debts this year, according to the Ministry of Finance which has estimated budget revenues and expenditures for 2011.

It is 22.4 percent higher than last year and accounts for 11.9 percent of total expenditure.

Total revenues are estimated to be VND595 trillion ($28.52 billion), a 12.7 percent rise, and expenditures, VND725 trillion.

Revenues will fall by VND2 trillion ($95.8 million) as 2,000 tariff lines will be cut to fulfill international commitments though they will rise by VND352 billion ($16.874 billion) from business activities, 20 percent higher than last year.

Revenue from the state sector is estimated to rise by 19.9 percent and from the private sector, by 22.2

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