Vietnam Suspends Dollar Sovereign Bond Issuance Plan

Vietnam's Ministry of Finance official Ngo Van Tuan stated that it is not the appropriate time to issue international bonds, as global fuel supply disruptions are driving up inflationary pressures. The Ministry will continue to communicate with international financial institutions, investors, and credit rating agencies while waiting for more favorable conditions. Although there is still demand for the bond in the market, the Ministry must carefully consider financing costs while ensuring the safety of the national financial system. Earlier reports indicated that Vietnamese officials had discussed issuing dollar sovereign bonds with a maximum scale of up to $1 billion and planned to promote them in major regional financial centers.

This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.