Gelonghui May 23| With the Vietnamese dong falling to a record low, markets expect Vietnam's central bank to raise interest rates as early as this month. Malaysian bank analyst Brian Lee and others wroteandrewneemepoker:"We expect the Central Bank of Vietnam to raise interest rates by 50 basis points to stabilize the declining Vietnamese Dong." "A rate hike could happen in the next few weeks, sometime in May or June." Emerging markets have been under pressure from a stronger dollar this year, with Indonesia unexpectedly raising interest rates in April to boost the Indonesian rupee. The Central Bank of Vietnam was the only monetary authority in Southeast Asia to relax interest rates last year and has so far not adjusted the refinancing rate, which is currently at 4.5%.andrewneemepoker.5%。Analysts at Mitsubishi UFJ said officials may first consider other options, including withdrawing liquidity and raising interbank interest rates, while selling foreign exchange reserves to prevent further weakening of the Vietnamese dong.