phat dat buys back bonds three years prior to maturity

Phat Dat buys back bonds three years prior to maturity

Ho Chi Minh City-based developer Phat Dat Real Estate Development JSC (HSX: PDR) has recently reported a VND250 billion ($10.87 million) bond buyback before maturity, demonstrating the company’s commitments to investors and shareholders.
charting course of land price frenzy

Charting course of land price frenzy

The State Bank of Vietnam is closely monitoring the real estate market to avoid any breakdowns as a large-scale land fever has gripped the country in recent months. Dr. Phan Minh Ngoc, senior credit research analyst at Bondcritic Ltd. in Singapore, writes about the ramifications of the situation.
corporate bond rush heads for slowdown

Corporate bond rush heads for slowdown

With Vietnamese regulators’ efforts to minimise the risks of corporate bonds’ mass issuance, the landscape is predicted to be cooled down compared to a frenzy of debt instruments in the previous period.
quick cash alternative in international bonds

Quick cash alternative in international bonds

Besides domestic cash and traditional corporate bonds, Vietnamese conglomerates are actively seeking to raise foreign funds by jumping on the international convertible bonds bandwagon – a viable approach to maximise their capital efficiency and enhance their international reputation.
slight rate moves projected for year

Slight rate moves projected for year 

Since the outbreak of the pandemic, the State Bank of Vietnam (SBV) has slashed rates three times, in March, May, and October to aid the economy. The refinancing and rediscounting rate are now at a new record low of 4.0 per cent and 2.5 per cent, respectively, while interbank rates and bond yields have experienced a downward trend since June.
strong bonds with south korean partners for deeper integration

Strong bonds with South Korean partners for deeper integration

Vietnam and South Korean businesses are expected to enjoy more investment opportunities soon and participate in the global supply chains thanks to new deals enabling them to implement investment promotion programmes.
vnpay the first e wallet dedicated to vietnamese families

VNPAY - the first e-wallet dedicated to Vietnamese families

VNPAY e-wallet is the first e-wallet dedicated to strengthen family bond by allowing users to create member-wallet for family, friends and loved ones.
corporate bond market forecast to be robust this year

Corporate bond market forecast to be robust this year

The corporate bond market in Vietnam is expected to be robust this year as the Government has issued regulations to untie the market but still aimed to ensure transparency and healthy market development.
impressive 2020 for vietnams corporate bond market

Impressive 2020 for Vietnam’s corporate bond market

Following uptrends in recent years, corporate bond issuance volume set another record, according to preliminary data from FiinGroup, a Vietnamese provider of financial data and business information. Under this preliminary update, over VND410 trillion ($17.82 billion) of corporate bonds were issued in 2020, which increased by 38.5 per cent from end-2019 and 83.5 per cent from end-2018.
what the future holds for logistics industry

What the future holds for logistics industry?

Amid supply chain shifts, Vietnam is expected to become the new global “warehouse” and the development of modern logistics centres was flagged as the next inevitable trend at the recent CEO Forum.    
over 14 billion usd mobilised through g bond auctions at hnx in 2020

Over 14 billion USD mobilised through G-bond auctions at HNX in 2020

Nearly 324 trillion VND (over 14 billion USD) was mobilised through G-bond auctions at the Hanoi Stock Exchange (HNX) in 2020, accounting for 108 percent of the set plan.
corporate bond arena sharpens up for banks

Corporate bond arena sharpens up for banks

Vietnamese lenders are ramping up their presence in the corporate bond landscape by issuing bonds and also purchasing a large amount of this debt instrument. Notwithstanding, the local authorities have warned banks that have bought corporate bonds for the purpose of debt restructuring or stake purchasing may be at significant default risk.
leader energy from singapore pours 436 million into bcg energy

Leader Energy from Singapore pours $43.6 million into BCG Energy

BCG Energy, a subsidiary of Bamboo Capital Group, successfully raised $43.6 million under convertible bonds form Leader Energy Pte., Ltd. to continue investing in the renewable energy projects of BCG.
ownership carve up high on agenda for energy investors

Ownership carve-up high on agenda for energy investors

Energy-focused firms in Vietnam are actively vying to raise capital by tapping into corporate bonds issuance and ownership sharing to potential foreign investors.
clearing path for safer corporate bond market

Clearing path for safer corporate bond market

The Vietnamese corporate bond market, largely dominated by real estate providers, may become a hotbed of non-performing loans as it is set to adopt greater transparency following decree alterations.