Vietnam plans to boost domestic debt sales to a record VND150 trillion (US$7.2 billion) in 2013 as falling property prices and stagnant bank lending supports demand for the government notes, according to the State Treasury.
Credit institutions described adjustments in prices of the items subject to State management as the greatest risk to inflation control in 2013, the Monetary Statistics and Forecast Department of the central bank said.
VietNamNet Bridge – Under the draft of the new Ordinance on Foreign Exchange, individual residents can borrow money from foreign sources, pay debts and must be responsible for the borrowing in accordance with the regulations to be drawn up by the government.SEE MORE
(VOV) - HSBC believes the biggest risk facing Vietnam is the return of inflation should the government aggressively ease monetary policy to support ailing sectors.