fecon issues shares to increase charter capital

FECON issues shares to increase charter capital

FECON Corporation has announced the Board of Directors' resolution to ratify a project on issuing shares to convert convertible bonds and increase the corporation's charter capital.
foreign buying of g bonds reaches 1 billion

Foreign buying of G-bonds reaches $1 billion

Foreign investors bought government bonds worth some US$1 billion from the local market, the Ha Noi Stock Exchange (HNX) said.
provinces cities issue municipal bonds for funding needs

Provinces, cities issue municipal bonds for funding needs

On August 26 the southern province of Bà Rịa-Vũng Tàu issued for the first time municipal bonds worth VNĐ500 billion (US$4.44 million) to raise capital for infrastructure projects.
treasury to mobilise more capital from government bonds

Treasury to mobilise more capital from Government bonds

The state treasury of Việt Nam offloaded more than 92 per cent of the bonds planned for the year as of August 24, according to the Hà Nội Stock Exchange.
ssi issues 89 million of non convertible bonds

SSI issues $8.9 million of non-convertible bonds

Sai Gon Securities Inc (SSI) yesterday issued VND200 billion (nearly US$8.9 million) worth of two-year non-convertible bonds with an annual yield rate of 7 per cent for the first 12 months.
government bonds profit from surge in interest

Government bonds profit from surge in interest

The mobilised government bond volume jumped sharply in the first half this year. Minister of Finance Dinh Tien Dung shared inside perspectives with VIR’s Manh Bon on the government bond situation during the period and what measures have been taken to ensure healthier development of the bond market.
govt bides time with international bond issuance

Gov’t bides time with international bond issuance

The specific time for Vietnam to officially release its billion-dollar government bonds in the international market remains unclear.
vn delays 3b intl bond plan

VN delays $3b int’l bond plan

Việt Nam has postponed a US$3-billion international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.
success in bond capital mobilisation

Success in bond capital mobilisation

Despite a good result with capital mobilisation through government bonds during the first half of this year, there are unexpected factors that will affect this market over the rest of 2016. Do Ngoc Quynh, general secretary of the Vietnam Bond Market Association discussed with VIR’s Huu Dao.
vamc special bond terms to be extended

VAMC special bond terms to be extended

Terms for special bonds issued by the Viet Nam Asset Management Company (VAMC) to buy non-performing loans (NPLs) from credit institutions will be extended to ten years in some cases, according to a State Bank of Viet Nam newly-issued regulation.
vamc to use cash to buy npls

VAMC to use cash to buy NPLs

The Viet Nam Asset Management Company (VAMC) this year will use cash, departing from the usual practice of using only special bonds, to buy non-performing loans (NPLs), officials said.
euro gains on dollar as ecb launches new bond buying

Euro gains on dollar as ECB launches new bond buying

The euro pushed higher against the US dollar on Wednesday, hitting its highest level in three weeks as the European Central Bank launched new stimulus operations.
capital stops issuance of 178 million bonds

Capital stops issuance of $178 million bonds

The capital stopped the issuance of bonds worth VNĐ4 trillion (US$177.8 million), which were to be used for municipal development in 2016.
bond issuances put pressure on bank interest rates

Bond issuances put pressure on bank interest rates

Bank mobilisation and lending rates are predicted to rise. Nguyen Ngoc Hoa, a member of National Assembly’s Economic Committee and also deputy director of Ho Chi Minh City Department of Industry and Trade, sheds light on its impact on business performance as well as the inflation situation.
state audit of vietnam discovers 23 million misused government bond proceeds in 2014

State Audit of Vietnam discovers $23 million misused government bond proceeds in 2014

According to the most recent report submitted to the prime minister by the State Audit of Vietnam (SAV), the state budget wrongfully disbursed VND510 billion ($23 million) in government bond proceeds in 2014, as was reported by newswire vietnamnet.vn.