Since issuing corporate bonds has become easy thanks to open regulations, it is necessary to tighten control over bond issuance. According to Saigon Securities Incorporated (SSI), VND129.016 trillion worth of corporate bonds were offered to sell in the first eight months of the year and 90.08 percent was sold. VND22.664 trillion, or 61 percent of bonds, were sold to domestic investors. However, it’s unclear who the ‘domestic investors’ are. Meanwhile, bonds cannot sell to individual investors who don’t have deep knowledge about the market. The analysts blamed the hot corporate bond market on the easy requirements stipulated in Decree 163. Hai Linh Anonymous foreign investor buys entire batch of Phu My Hung bonds Phu My Hung Development Corporation has mobilised VND800 billion ($34.78 million) for real estate projects from a "secret" foreign investor through bond sales. Vietnam’s bond market continues growth Vietnam’s … [Read more...] about Is the corporate bond market too hot?
Estate in real estate
At a recruitment interview (Photo: VietnamPlus) Hanoi (VNA) - The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) will bring benefits in exports and FDI attraction, hence more jobs. The workforce in 2019 is forecast to bode well for both unskilled and skilled labourers. [Vietnamese labourers struggle amid Industrial Revolution 4.0] According to experts, after the lunar New Year holiday, job-seekers will see favourable recruitment demand. Increasing recruitment demand Le Quang Trung, Director of the Department of Employment at the Ministry of Labour, Invalids and Social Affairs, projected Vietnam’s economy will continue its high growth in 2019. The labour market will shift to need less unskilled workers and demand more skilled ones for better quality. In 2019, about 56 million labourers will obtain employment. The number of unskilled workers still accounts for 26.5 percent of the workforce, while that of labourers working in personal services, … [Read more...] about 2019 workforce sees thousands of new jobs added
Convenience stores are expected to dominate the local retail market. — Photo plo.vn Many famous retail brands have entered Vietnam market like Circle K of the US opening its stores in Vietnam from August 2008 or Shop & Go of Singapore opening its stores from 2005. At present, in the two big cities of Hanoi and HCM City, Circle K has more than 300 stores while Shop & Go has more than 160 stores, reported bnews.vn. Convenience stores are well received by consumers, so not only foreign businesses expand their markets, but also many domestic enterprises are constantly developing their convenience store chains. In December 2018 alone, Vingroup’s retail arm, VinCommerce, opened 238 VinMart stores nationwide, bringing the total number of its convenience stores up to 1,700 in Vietnam. According to CBRE Vietnam, a real estate management and consultancy company, Vietnam’s retail market have seen a strong competition between foreign and local investors in … [Read more...] about Convenience stores have strong development in the future