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
$31 bln of bonds to be registered on Hanoi bourse: top broker
A total of 455 issuers are expected to register VND733 trillion ($31 billion) worth of bonds on the Hanoi Stock Exchange (HNX) within the next three months, according to leading broker Saigon Securities (SSI).
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnamese firms default on $5.5 bln in bond payment obligations
Ninety eight Vietnamese issuers failed to fulfill their bond payment obligations with a total value of VND128.5 trillion ($5.48 billion) from April 17 to May 4, up 13.6% from one month ago, according to leading domestic credit ratings agency FiinRatings.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Corporate bankruptcy remains 'pie in the sky' for bondholders: lawyer
Corporate bankruptcy is still a "pie in the sky" for bondholders since it is even more difficult than negotiating debt payment extensions with issuers, said lawyer Pham Van Phat.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
No business 'too big to fail': economist
It’s time for enterprises to look back and take responsibility for what they have done, and absolutely comply with the law as no business is "too big to fail", said Dr. Nguyen Duc Kien, former head of the Prime Minister’s Economic Advisory Group.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
New corporate bond decree only a temporary solution to market bottlenecks
A new decree on private corporate bond placements that aims to address urgent problems will not completely remove market bottlenecks, according to experts.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Not good to instantly sell shares used for bond mortgages: observers
Corporate bond issuers and the financial market in Vietnam are likely to be harmed if bondholders rush to get paid for their stocks used by issuers as mortgages at banks, according to some market observers.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
Fifty-four issuers report late repayment of bond principal, interest
A total of 54 issuers reported late repayments of bond principal and interest from September 16, 2022 to January 31, 2023, according to the Hanoi Stock Exchange (HNX).
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
Property developer Novaland proposes bond repayment rescheduling
Major housing developer Novaland has proposed that in the next two months, it will join bondholders in paying the bond principal in accordance with actual company cash flow.
Companies - Mon, Dec 22, 2021 | 11:30 am GMT+7
New decree a critical move for corporate bond market revival
Amendments to the newly-issued Decree 65 on private corporate bond placement are very urgent, says Dr. Le Xuan Nghia, member of the National Financial and Monetary Policy Advisory Council.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
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