Vietnamese economists concerned over bond issuance planVietNamNet Bridge - Issuing international bonds means borrowing foreign capital at high interest rates. Once US dollars are pumped into circulation, Vietnam dong will be withdrawn from circulation. Because of the dollar supply, the dollar price would go down, and the Vietnam dong would appreciate. Because of the dollar supply, the dollar price would go down, and the Vietnam dong would appreciate. When issuing international dong-linked bonds, Vietnam would face certain restrictions in seeking investors.
Source: VietNamNet News May 05, 2018 07:15 UTC