13-01-2022 12:48
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.
27-12-2021 08:28
Vietnam-based conglomerate Vingroup has expressed interest in raising $1.5 billion via international bonds next year for its vehicle division VinFast.
21-12-2021 09:42
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.
16-12-2021 11:36
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.
01-12-2021 15:00
Nhat Tin Logistics has successfully issued VND50 billion ($2.17 million) corporate bonds under a private placement to step up its expansion plan.
26-11-2021 10:00
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.
25-11-2021 12:08
Banks are showing strong desire in bond issuance activities, while real estate developers have lowered the extent of their bond-related capital mobilisation efforts.
21-11-2021 05:44
Credit institutions with a bad debt ratio of more than 3 per cent are forbidden to buy corporate bonds, according to the latest announcement from the State Bank of Vietnam.
30-10-2021 23:40
To cope with the ongoing pandemic, the central banks of many nations have significantly expanded their balance sheets by using non-traditional monetary policies by increasing money for purchasing government bonds and even corporate bonds. Meanwhile, the People’s Bank of China (PBoC) has limited balance sheet expansion but used an effective monetary policy for the Chinese economy.
22-10-2021 14:00
Vietnamese banks and real estate developers are foraying into the corporate bond arena as it is offering attractive yields for their portfolio diversification strategies. Thomas Kollar, partner of law firm Mayer Brown based in Hong Kong, writes about how some major risks could result in a systemic shock for developers and lenders that want to be involved.
07-10-2021 14:00
Credit-challenged companies, especially banks and real estate providers, are finding another way around their continuous capital needs by tapping into the corporate bond issuance market, which remains particularly vulnerable to economic downturns and incomplete legal frameworks in Vietnam.
04-10-2021 09:04
Vinpearl JSC has successfully issued a $425 million Exchangeable Sustainable Bond (ESB), exchangeable into shares of Vingroup JSC. The bonds mature in 2026 and have a coupon rate of 3.25 per cent per annum.
23-09-2021 10:37
The US Federal Reserve warned that it will soon start to reduce, or taper, its purchases of US Treasury bonds and other securities worth $120 billion per month, also known as quantitative easing, although it has not yet announced when this will happen.
07-09-2021 22:53
The State Treasury and the Vietnam Bank for Social Policies (VBSP) mobilised more than 36.2 trillion VND (1.59 billion USD) on the primary market via 20 Government bond (G-bond) auctions on the Hanoi Stock Exchange (HNX) in August.
04-09-2021 14:57
The Ministry of Finance (MoF) has tightened control over risky corporate bond issuance.