Corporate bond holders are creditors, and as such, are only entitled to the interest stipulated in the bond’s coupons (normally a fixed interest rate). Corporate bonds can pose a financial risk to the issuer, due to the recurring obligation to pay interest, even if the project is not profitable. Investors also face risks. In this light, the government has moved to tighten corporate bond issuance regulations. … [Read more...] about Government urges caution on corporate bond risks
Corporate
Corporate bond activity welcome as market shocks persist unabated
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
Investors still pouring money into corporate bonds, despite warnings
Corporate bonds have higher interest rates, by 1-3 percent per annum, than bank deposit interest rates. Besides, corporate bonds are believed to have strong liquidity as distributors will commit to buy back or act as intermediaries to arrange deals when investors want to sell the bonds. … [Read more...] about Investors still pouring money into corporate bonds, despite warnings
Citi Vietnam named Best Corporate Digital Bank 2020 by Global Finance
Digital Onboarding – a solution that enables existing clients to open new and incremental accounts completely digitally – is now live in 10 markets in the region. In the first quarter of the year, over 1,000 accounts were opened digitally. A significant proportion of new and incremental accounts are now opened using the Digital Onboarding solution. … [Read more...] about Citi Vietnam named Best Corporate Digital Bank 2020 by Global Finance
Vietnamese legislature ratifies 30% corporate income tax cut in 2020 for SMEs
“The expansion of tax break beneficiaries would amplify the loss of 2020 state budget collection from VND15.84 trillion [$682.4 million] to roughly VND23 trillion [$990.87 million],” the NA Standing Committee, which appraised the plan, said in a statement. … [Read more...] about Vietnamese legislature ratifies 30% corporate income tax cut in 2020 for SMEs
