Vietnam corporate bond market size may rise 150% to hit $100 bln: minister

Vietnam corporate bond market size may rise 150% to hit $100 bln: minister

Vietnam's total outstanding corporate bonds issued via private placements may reach VND2,500 trillion (roughly $102 billion), or 25% of the country’s GDP, considerably up from the current 10% of GDP, said Minister of Finance Ho Duc Phoc.

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

Landmark anti-corruption cases help better Vietnam stock, bond markets: police officer

Landmark anti-corruption cases help better Vietnam stock, bond markets: police officer

Investigations into and the handling of a series of corruption cases in the private sector have helped improve the performance of the stock and bond markets, said a senior police official.

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

Vietnam corporate bond market warms up after doldrums

Vietnam corporate bond market warms up after doldrums

Vietnam’s corporate bond market is showing signs of warming up after a period of stagnation caused by scandals at real estate conglomerates and the finance ministry’s regulatory tightening.

A year in review and 2024 forecasts - Mon, Dec 22, 2021 | 11:30 am GMT+7

70 Vietnam firms issue bonds worth $7.36 bln in 10 months

70 Vietnam firms issue bonds worth $7.36 bln in 10 months

Seventy companies in Vietnam raised a combined VND180.4 trillion ($7.36 billion) this year through October by issuing bonds, down 45% year-on-year, according to Finance Ministry data.

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

A long way ahead to make credit rating a culture in Vietnam: Saigon Ratings chairman

A long way ahead to make credit rating a culture in Vietnam: Saigon Ratings chairman

Credit rating in Vietnam is like “putting the cart before the horse”, so to make it part of the culture will be really challenging, said Phung Xuan Minh, chairman of Saigon Ratings, the first credit rating agency in Vietnam.

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

Corporate bonds in Vietnam recover strongly in Q1 as issuance rules eased

Corporate bonds in Vietnam recover strongly in Q1 as issuance rules eased

The issuance of corporate bonds in Vietnam expanded nearly 640% in Q1/2023 compared to Q4/2022 thanks to easier rules, the Asian Development Bank (ADB) said in its Asia Bond June 2023 report.

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

Hung Thinh Land secures extended bond payment terms

Hung Thinh Land secures extended bond payment terms

Real estate developer Hung Thinh Land, which is facing cash flow challenges, has reached deals with its bondholders to extend payment terms, following the government’s Decree 08 which allows bond issuers to do so.

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

Regulators inspect 11 banks over corporate bond investments

Regulators inspect 11 banks over corporate bond investments

The State Bank of Vietnam (SBV) said it has conducted spot inspections on 11 banks over their investments in corporate bonds, and fined those that were found to have violated regulations.

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

Public issuance, private placements to uplift corporate bond market

Public issuance, private placements to uplift corporate bond market

The Ministry of Finance is drafting amendments to the government's Decree 65, which took effect on September 16, 2022 to regulate corporate bond private placements in Vietnam and overseas issuances. Minister of Finance Ho Duc Phoc told The Investor about upcoming changes.

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

Vietnam determined to fix bond, property market problems: PM

Vietnam determined to fix bond, property market problems: PM

The government is seeking to correct problems in the corporate bond and real estate markets to protect the legitimate rights of residents and enterprises, Prime Minister Pham Minh Chinh said Thursday.

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

Lawyers criticize regulators' blame game on corporate bond problems

Lawyers criticize regulators' blame game on corporate bond problems

Two Vietnamese lawyers have criticized the Finance Ministry’s November 14 comments about the domestic corporate bond market, saying the regulator must also take responsibility for problems that have sprung up.

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

Supervision tightened to safeguard corporate bond buyers' interests: finance minister

Supervision tightened to safeguard corporate bond buyers' interests: finance minister

Corporate issuers have pledged they would pay bondholders their due when their bonds mature, Finance Minister Ho Duc Phoc said Monday.

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

Van Thinh Phat boss arrested for corporate bond fraud

Van Thinh Phat boss arrested for corporate bond fraud

Truong My Lan, chairwoman of HCMC-based property developer Van Thinh Phat Group, was arrested Saturday for alleged fraud in the issuance and trading of corporate bonds in 2018 and 2019.

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

Corporate bond market collapse unlikely: experts

Corporate bond market collapse unlikely: experts

Bond default risk in Vietnam is still low, Vietnamese experts said Tuesday amid fears of a corporate bond market collapse.

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

Corporate bond market to get healthier: chief government advisor

Corporate bond market to get healthier: chief government advisor

Vietnam’s corporate bond market will get more transparent and develop more sustainably as market regulations are being tightened up, the government’s chief economic advisor said Thursday.

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