100 Vietnam bond issuers report late repayment of principal, interest in 11 months

100 Vietnam bond issuers report late repayment of principal, interest in 11 months

Around 100 bond issuers in Vietnam have reported delays in repaying principal and interest worth VND192 trillion ($7.92 billion) this year through November 21.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Van Thinh Phat chairwoman accused of appropriating $12.53 bln from Saigon Commercial Bank

Van Thinh Phat chairwoman accused of appropriating $12.53 bln from Saigon Commercial Bank

Truong My Lan, chairwoman of Ho Chi Minh City-based property developer Van Thinh Phat Group, has been accused of controlling operations at Saigon Commercial Bank (SCB) to appropriate over VND304 trillion ($12.53 billion), police said on Friday.

Society - Mon, Dec 22, 2021 | 11:30 am GMT+7

$1.23 billion, 42,000 investors: property developer Van Thinh Phat accused of fraud

$1.23 billion, 42,000 investors: property developer Van Thinh Phat accused of fraud

HCMC-based property developer Van Thinh Phat Group and several other firms misappropriated over VND30 trillion ($1.23 billion) from 42,000 investors via fraud in bond issuance, investigators have concluded.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vingroup plans $421 mln bond issuance for auto production project

Vingroup plans $421 mln bond issuance for auto production project

Vietnam’s biggest private conglomerate Vingroup plans to issue VND10 trillion ($421 million) worth of bonds in five lots this year.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnamese firms return to bond racetrack

Vietnamese firms return to bond racetrack

Vietnamese companies have begun to resume bond issuances after a hiatus due to the regulators’ handling of violations committed by some business leaders.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

Shinhan Bank issues $121 mln bonds in Vietnam

Shinhan Bank issues $121 mln bonds in Vietnam

Shinhan Bank Vietnam on Thursday issued two-year bonds worth VND2,800 billion ($121 million) for institutional investors in Vietnam, with a coupon rate of 4%.

Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7