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Vietnam's finance minister rules out international bond issuance for now

FinanceInternationalPrensa LatinaAI summary
Image: Prensa Latina

Vietnam's Finance Minister Ngo Van Tuan ruled out immediate international bond issuance by the government during a questioning session at the National Assembly. He argued the decision depends on issuance costs and that the disruption in the oil supply chain is pushing inflation up. He recalled that in 2024 the country completed payment of principal and interest on bonds issued in 2005, 2007 and 2014. He said they will keep working closely with international investors to raise capital when conditions are favorable.

In 40 seconds

  • Ngo Van Tuan said now is not the right time to issue international bonds due to issuance costs and oil-linked inflation
  • Vietnam completed in 2024 payment of principal and interest on bonds issued in 2005, 2007 and 2014
  • The minister said they will keep working with international investors to raise capital when conditions are favorable
Read the full story at Prensa Latina

IASummary generated by artificial intelligence from a story by Prensa Latina. It may contain errors: the original source prevails.

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