Cash moving around, but not to productionVietNamNet Bridge - Investors successfully bought 5-year government bonds at a 3.45 interest rate at a bid organized on July 11 at the Hanoi Stock Exchange (HNX). Also at the trading session, the 10-year and 15-year bonds had interest rates of 4.43 percent and 4.73 percent, respectively. However, analysts warn that cash flow is moving unreasonably, with latent risks for implementation of monetary policies. As the disbursement for public investment has been going slowly, the State Treasury has to deposit undisbursed money at banks. The cash is ‘moving around’ but it doesn’t flow to production and business.

Source: VietNamNet News August 20, 2018 09:11 UTC