Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Bloomberg News

Vietnam Five-Year Bonds Fall on Inflation Concern; Dong Steady

November 05, 2012

Vietnam’s five-year government bonds fell for the first time in two weeks on speculation consumer- price gains may accelerate in the final months of the year. The dong was unchanged.

The nation faces a high risk of faster inflation, Do Thi Nhung, deputy head of the State Bank of Vietnam’s monetary- policy department, said at a conference in Hanoi today. Consumer prices rose 7 percent in October from a year earlier, official data show, quickening for the second month in a row.

“Investors are worried about inflation for the remainder of the year,” said Nguyen Thi Ngoc Anh, head of fixed-income trading at Asia Commercial Bank in Ho Chi Minh City.

The yield on the benchmark five-year bonds rose one basis point, or 0.01 percentage point, to 10.10 percent, according to a daily fixing rate from banks compiled by Bloomberg. That’s the first increase since Oct. 22.

The dong traded at 20,850 per dollar as of 2:57 p.m. in Hanoi, according to data compiled by Bloomberg. The State Bank of Vietnam set its reference rate at 20,828, unchanged since Dec. 26, according to its website. The currency is allowed to trade as much as 1 percent on either side of the rate.

To contact the reporter on this story: Nick Heath in Hanoi at

To contact the editor responsible for this story: James Regan at

blog comments powered by Disqus