According to Jin10, Vietnam's Finance Ministry official Ngo Van Tuan said Thursday that the country is shelving its plan to issue up to $1 billion in sovereign bonds, citing surging inflation from global fuel supply disruptions. Tuan told parliament in Hanoi that current market conditions are not appropriate for international debt issuance and the ministry will maintain communication with international financial institutions, investors, and credit rating agencies while awaiting more favorable conditions.

View Source

Disclaimer: This content is for informational purposes only and does not constitute investment advice or encourage the buying or selling of crypto assets. It is intended to provide information about industry developments and is not directly related to the services offered by Gate TR. Although information obtained from third-party sources has been carefully reviewed, Gate TR assumes no responsibility for any errors or omissions. Crypto assets involve high risks and may experience significant price fluctuations. Before making any investment decisions, you should assess your financial situation and risk tolerance, conduct your own research, and make decisions independently.