Figure of the Day: 21
The Vietnamese government had provided guarantees for $21 billion in debts contracted by state-run conglomerates such as Shipbuilding Industry Corp., Electricity of Vietnam, PetroVietnam, and Vinacomin as of the end of 2015. The amount accounted for 17.6% of public debt and was equivalent to 11.1% of GDP.
A shipyard of SBIC. (Photo: vietnamshipbuildingnews.com)