banks deny involvement in tan hoang minhs bond issuance scandal

Banks deny involvement in Tan Hoang Minh's bond issuance scandal

Vietinbank and Saigon Hanoi Commercial Joint Stock Bank (SHB) said that they do not provide securities and payment guarantee services, do not invest and distribute bonds issued by Tan Hoang Minh Group.
property developers bond issuance canceled following false information submission

Property developer’s bond issuance canceled following false information submission

The State Securities Commission (SSC) has decided to cancel nine separate bond issuances worth over 10 trillion VND (over 437 million USD) by subsidiaries of property developer Tan Hoang Minh Group because they submitted false information.
ministry to continue tightening bond market after tan hoang minh scandal

Ministry to continue tightening bond market after Tan Hoang Minh scandal

After the cancellation of nine bond issuances of Tan Hoang Minh Group, the Ministry of Finance (MoF) is drafting, amending and supplementing Decree 153 on offering and trading corporate bonds, which proposes stricter condition for bond issuers, especially in private placement.
steady pace in bond market despite persistent legal barriers

Steady pace in bond market despite persistent legal barriers

An economic resurgence and elevating appetite for capital mobilisation would factor in a more buoyant corporate bond market this year, despite an increasingly rigid legal corridor.
standard chartered awarded best bond advisor and best green bond in vietnam

Standard Chartered awarded Best Bond Advisor and Best Green Bond in Vietnam

UK-backed lender Standard Chartered Bank Vietnam has been awarded the Best Bond Advisor (Global) and Best Green Bond in Vietnam at the Asset Triple A Sustainable Capital Markets Country and Regional Awards 2021.
international trio invests in vietnams hdbank to help accelerate economic recovery

International trio invests in Vietnam’s HDBank to help accelerate economic recovery

As Vietnam accelerates economic recovery, IFC, LeapFrog Investments, and DEG – Deutsche Investitions- und Entwicklungsgesellschaft – have invested $165 million in convertible Tier 2 bonds issued by the Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), a leading Vietnamese private retail and SME bank.
banks prioritise loans for at risk businesses

Banks prioritise loans for at-risk businesses

Banks’ loan allocations will be distributed to much-needed sectors, such as production, while the central bank pledges to impose strict oversight over at-risk enterprises, notably over their real estate holdings, hazardous corporate bonds, and stocks in 2022.
reviews set after thu thiem episode

Reviews set after Thu Thiem episode

Real estate-backed credit packages and corporate bonds are to be strictly constrained under the fresh legislation of the competent authorities.
techcombank named the most active market maker for government bonds

Techcombank named the most active market maker for government bonds

Techcombank scooped up the first place among market makers of government debt instruments in 2021, as recognised by the Ministry of Finance (MoF).
crucial legislative developments in the bond market

Crucial legislative developments in the bond market

The State Bank of Vietnam (SBV) has previously issued regulations on prudential ratios and limits over banking activities while recently the ability of businesses to pay loans and interest has been severely affected by the current pandemic. As a result of these twinned developments, commercial banks have become more and more cautious in granting credit.
vingroup to issue international bonds to raise 15 billion for vinfast

Vingroup to issue international bonds to raise $1.5 billion for VinFast

Vietnam-based conglomerate Vingroup has expressed interest in raising $1.5 billion via international bonds next year for its vehicle division VinFast.
turbulence expected after fed pivot

Turbulence expected after Fed pivot

Emerging economies like Vietnam will not be immune to plans by the US Federal Reserve to reduce bond purchases and rate hikes to fight against inflation pressures, with foreign indirect investment and some import- and export-reliant businesses perhaps in the firing line.
corporate bond ban may set back ma progress

Corporate bond ban may set back M&A progress

A ban on credit institutions and commercial banks buying corporate bonds to contribute capital and acquire shares of enterprises is being considered a barrier for investors in carrying out mergers and acquisitions.
nhat tin logistics issues 217 million bonds to facilitate expansion

Nhat Tin Logistics issues $2.17 million bonds to facilitate expansion

Nhat Tin Logistics has successfully issued VND50 billion ($2.17 million) corporate bonds under a private placement to step up its expansion plan.
channels opening up to mobilise long term capital

Channels opening up to mobilise long-term capital

Government bonds may be a good measure to mobilise funds for the economic recovery plan. However, businesses may find it difficult to borrow capital in foreign currency from banks.