Corporate bond market

The corporate bond market has adopted greater transparency following the draft revision of Decree No.163/2018/ND-CP dated December 2018. This draft is likely to take effect with the Law on Securities 2019, on January 1, 2021. Although the revisions did not take effect immediately, the State Securities Commission of Vietnam has begun to tighten issuance regulations this year as follows: … [Read more...] about Corporate bond activity welcome as market shocks persist unabated

Excluding bank bonds (which have low interest rates), the average interest rate in Q2 was 10.27 percent, nearly the same as the interest rate in H2 2019. This was attributed to the bank deposit interest rate reductions. Excluding bank bonds (which have low interest rates), the average interest rate in Q2 was 10.27 percent, nearly the same as the interest rate in H2 2019. This was attributed to the bank deposit interest rate reductions. … [Read more...] about Investors still pouring money into corporate bonds, despite warnings

Bond transfers are to be limited to 100 times in the first year (transactions between professional securities firms, done under a court order, or via inheritance will not count toward this limit). These requirements are intended to limit the amount of money issuers may raise from investors via private placements. Corporate bonds issued on international markets will be exempt from these restrictions. … [Read more...] about Government urges caution on corporate bond risks

A person holds packets of Vietnamese banknotes. After warnings from the Ministry of Finance over the corporate bond market, individual investors have become more cautious - PHOTO: THANH HOA HCMC – After warnings from the Ministry of Finance over the corporate bond market, individual investors have become more cautious, leading to a 41.1% slump in the total issuance volume in July compared with the previous month. … [Read more...] about Individual investors wary of corporate bonds

In addition the country’s efforts to foster the development of the private sector, including small- and medium-sized enterprises, have achieved a number of positive results. The number of newly-established enterprises and total newly-registered capital volume in 2019 and the past five years reached record levels. The ratio of enterprises out of 1,000 people has consecutively increased, at 7.6 in 2019, 7.3 in 2018, 6 in 2017, and 5.4 in 2016. The number of businesses resuming operation in the first eight months climbed 27.9 per cent on-year. … [Read more...] about How to drive the economy by reforming state-owned debt