Economy lacks capital, even as treasury deposits remain highVietNamNet Bridge - While the state treasury has plenty of money, the national economy still thirsts for capital. According to Anh, commercial banks are seeking medium- and long-term capital in the market at the interest rate of 6-7 percent per annum. They receive 3-4 percent per annum in interest rate when lending to the government. If counting the CDS (credit default swaps), the Vietnamese government bond interest rate is even lower than the US. This can be seen in the large amounts of treasury deposits at commercial banks, up to hundreds of trillions of dong.

Source: VietNamNet News April 20, 2018 05:26 UTC