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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Vietnam forex reserves above $10 bln in 2010

Posted on 11 February 2011

From VietNamNet Bridge: Vietnam’s foreign exchange reserves were “more than US$10 billion” at the end of last year, a senior minister said, a remark that may increase concerns about the dwindling level of reserves.
Planning and Investment Minister Vo Hong Phuc’s comment was reported on Wednesday in the state-run Vietnam Economic Times. Phuc provided no details, and it was unclear how much above $10 billion the reserves may be. The exact current level is guarded as a state secret……………………………………….Full Article: Source

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