Vietnam’s Bonds Fall as Government Says Inflation May Quicken

Vietnam’s five-year bonds dropped, with yields rising the most since November, after a central bank official said gains in consumer prices may quicken. The dong was little changed.

The inflation rate may continue to rise, State Bank of Vietnam Deputy Governor Nguyen Van Binh said in remarks prepared for delivery at a conference in the central province of Ha Tinh today. Prices have been driven up by “the loose monetary and fiscal policies put in place over the past,” Binh said, citing the previous desire to “encourage economic growth.”