Experts have warned enterprises to be more cautious with their US dollar loans amidst a significant rise in the lending and appreciation of the greenback.
The higher dollar interest rate has caused many people to keep their money in the US instead of remitting it to Viet Nam, where the interest rate on dollar deposits is zero per cent.
Huynh Anh Nhan of HCM City''s Tan Binh District has decided to convert the US$40,000 he had in a bank into dong because of the very low interest rate on dollar deposits.
