March 17, 2023 | 11:55
According to the Vietnam Bond Market Association, VND309 trillion ($13 billion) worth of bonds will mature in 2023, including VND119 trillion ($5 billion) issued by real estate enterprises. Most bond issuers, especially those operating in the real estate sector, will likely default on their obligations as they suffer from the poor liquidity in the real estate market and the loss of investor confidence.