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Vietnamese banks prefer borrowing from foreign banks to domestic sources

VietNamNet Bridge - The dollar deposit interest rate in Vietnam remains at zero percent, but commercial banks are still trying to borrow dollars from foreign banks.

Vietnam’s foreign exchange reserves reach record high

VietNamNet Bridge - The national foreign exchange reserves have reached $40 billion, the highest level so far, a source from the State Bank of Vietnam (SBV) said March 24.