Increased inspections to improve corporate bond market

Increased inspections to improve corporate bond market

The Vietnamese authorities are keeping a grip on credit institutions’ corporate bonds in the face of growing scrutiny, which might add to pressure for issuers to alter their funding strategies. Investors’ confidence and rights, however, are to be strengthened.
Weighing up risks of a bubble from bond squeeze

Weighing up risks of a bubble from bond squeeze

The Vietnamese government has implemented a range of measures to control and tighten credit in real estate bonds. Broadly speaking, there are three channels of debt capital that the real estate sector can call on to secure credit: senior bank lending, the broader capital markets, and private credit.
Bond issuance slows amid tightening controls

Bond issuance slows amid tightening controls

Bond issuers have become more cautious amid the authorities tightening control of the market, leading to issuance shrinkages.
41 banks buy corporate bonds worth $11.9 billion

41 banks buy corporate bonds worth $11.9 billion

At a conference on April 22, Nguyen Thi Hong, Governor of the State Bank of Vietnam, said that credit institutions are direct investors in the bond market.
Investors tip-toeing around real estate risk

Investors tip-toeing around real estate risk

Vietnam is moving towards developing a balanced capital market and reducing the pressure on capital supply for banks – a process that requires dealing with internal problems such as corporate bond issuances as well as land-right auctions.
Real estate market heads corporate bond issuance as enterprises lean on loans

Real estate market heads corporate bond issuance as enterprises lean on loans

The bond market continues to be seen as a positive capital mobilisation channel for businesses and the economy, with some industries faring better than others in this regard.
Tan Hoang Minh would sell 2-3 properties to pay back to bondholders

Tan Hoang Minh would sell 2-3 properties to pay back to bondholders

Do Hoang Minh, chairman of property group Tan Hoang Minh, revealed that the corporation would offload 2-3 projects to ensure bondholders’ rights and obligations.
Loopholes and risks holding back bond market

Loopholes and risks holding back bond market

The State Securities Commission of Vietnam has recently cancelled nine private bond offerings of three companies under Tan Hoang Minh Group, laying open loopholes and risks that have been holding back Vietnam's bond market.
Vietnam’s corporate bond market to reach 20 per cent of GDP by 2025

Vietnam’s corporate bond market to reach 20 per cent of GDP by 2025

The Vietnam Bond Market Association estimates that outstanding the debt of the corporate bond market reached 15 per cent of GDP at the end of 2021.
How would Tan Hoang Minh corporate bond cancellation affect to banks and property firms?

How would Tan Hoang Minh corporate bond cancellation affect to banks and property firms?

The unusual cancellation of nine of Tan Hoang Minh’s private bond sales has raised a ruckus in the domestic economy.
Leaders eye bond market revamp

Leaders eye bond market revamp

The recent cancellation of new corporate bonds has sparked a public discussion about the dissemination of misleading information and the multiple hazards lurking in the debt market
PM orders measures to stabilise stock, corporate bond markets

PM orders measures to stabilise stock, corporate bond markets

Prime Minister Pham Minh Chinh has asked ministries and agencies to take measures to stabilise the stock and corporate bond markets.
Corporate bond ban may set back M&A 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.
Fruitful territory for bond issuance

Fruitful territory for bond issuance

Banks are showing strong desire in bond issuance activities, while real estate developers have lowered the extent of their bond-related capital mobilisation efforts.
Offering credit caution for corporate bond players

Offering credit caution for corporate bond players

Vietnamese banks and real estate developers are foraying into the corporate bond arena as it is offering attractive yields for their portfolio diversification strategies.
1 2