Economists: Vietnam should be cautious about loans from AIIBVietNamNet Bridge - Although the offered low-cost loans from AIIB (Asian Infrastructure Investment Bank) are very attractive, economists say Vietnam needs to think carefully before borrowing money. Although the offered low-cost loans from AIIB (Asian Infrastructure Investment Bank) are very attractive, economists say Vietnam needs to think carefully before borrowing money. However, Thinh said Vietnam needs to think carefully before borrowing money and should consider the feasibility of every project. Thinh warned that if Vietnam accepts loans from AIIB while not finding measures to settle problems, it would bear serious consequences because of the conditions to be set by AIIB. Nguyen Hong Nga from the HCMC Economics & Law University, in an interview with Dat Viet, also commented that Vietnam should not be hasty to get loans from AIIB.

Source: VietNamNet News February 15, 2017 03:00 UTC