VIETNAM
<i> Times Staff and Wire Reports</i>
Government to Issue International Bonds: Vietnam has decided to sell bonds on international capital markets for the first time, the state-run news service reported. Vietnam has not yet set a date for the first sales of the bonds, which will include securities issued by the Finance Ministry, government-run commercial banks and other state-run companies, the Vietnam News Agency said. Hanoi must raise funds overseas to help finance economic development. The government needs an estimated $55 billion in new capital.
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