The Hanoitimes - The corporate bond market in particular and the bond market in Vietnam in general are quite attractive compared to the Vietnam stock market. The Vietnam’s corporate bond market lacks two main factors in order to develop itself and catch up with regional countries, according to Viet Dragon Securities Company (VDSC). First, Vietnam lacks a reputable credit rating agency to help investors obtain reliable information. Secondly, Vietnam still has too few investment funds, mutual funds and other types of large investors. Singapore, for example, counts many rating agencies following the corporate bond market, including some the world's prestigious rating agencies such as Standard & Poor, Fitch Rating and Moody. Although Vietnam has a few credit rating companies, it will take a really long time to build reputation and build a credible international standard credit rating system. Meanwhile, individual investors have difficulties entering the corporate bond … [Read more...] about Vietnam’s corporate bond market lacks major factors to catch up with regional peers
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Vietnam raises 1.95 billion USD from G-bond so far this year. (Photo: hanoimoi.com.vn) Hanoi (VNA) – The State Treasury of Vietnam mobilised over 44.4 trillion VND (1.95 billion USD) via Government bond (G-bond) auctions in the Hanoi Stock Exchange (HNX) since the beginning of 2018. According to the HNX, the latest auction was held by the State Treasury on April 18, offering a total of 3.5 trillion VND (154 million USD) worth of G-bonds with different maturities. Three tenures were offered at the HNX, including seven-year and 20-year bonds valued at 1 trillion VND each (44 million USD), and 10-year bonds valued at 1.5 trillion VND (66 million USD). A total 1.35 trillion VND (59.4 million USD) were raised after the auctions which fell below the issuer’s expectation. Of the three types, the auction of seven-year bonds drew the attention of 15 investors. 200 billion VND worth of bonds were sold at the average yield rate of 3.43 percent per year. The rate was the same … [Read more...] about Vietnam raises 1.95 billion USD from G-bond so far this year
VietNamNet Bridge - Increasing the localization ratio and reducing production costs are vital issues for Vietnam’s automobile industry. As Vietnam is one of the worlds’s largest tungsten producers, it could be material that could help revive the auto industry. Vietnamese never give up the dream of developing automobile industry Sumito Ishii, CEO of General Motors Vietnam, said that high costs are weakening domestic manufacturers’ competitiveness. The auto production cost in Vietnam is 10-20 percent higher than in Thailand and Indonesia because of the high number of imported car parts. Vietnam’s automobile industry, after 20 years of development, still cannot reach the targeted localization ratio. The locally made content of cars with up to 9 seats is 7-10 percent, far below the targeted ratios of 40 percent by 2005 and 60 percent by 2010. Over 90 percent of component suppliers are foreign invested companies. However, Vietnamese enterprises keep … [Read more...] about Could tungsten mines be the springboard for Vietnam’s auto industry?
All the above vaccines have been approved by the World Health Organization (WHO) and are certified to be used widely in Vietnam. Before this, they were all successfully tested in various local areas in the country. Regarding the 5-in-1 vaccine ComBe Five from India, Associate Professor and Doctor Tran Nhu Duong, Deputy Head of the National Institute of Hygiene and Epidemiology said that Qinvaxem’s producer, Berna Biotech Corporation of Korea, has phased out the vaccine, and Vietnamese government decided to choose ComBe Five as its replacement. This new vaccine has the same ingredients and effects as its counterpart and is able to protect people from diphtheria (D), tetanus (T), pertussis (P, whooping cough), hepatitis B (HepB), and Haemophilus influenza type b (Hib). It has met all standards issued by WHO and has been certified to be used in Vietnam since May 2017. Over 400 million of dozes of this vaccine have also been applied in more than 43 nations worldwide. It is the … [Read more...] about New vaccines to be introduced in Vietnam this May
By Ngoc Tuan  April 13, 2018 | 03:50 pm GMT+7 A car being manufactured by workers in a factory. Photo by AFP Foreign firms are trying to get past the red tape laid down by Vietnam's government Vietnam's car imports in the first quarter fell six times compared to the same time last year, according to authorities. Only 4,217 new imported cars entered the country in the first quarter, accounting for 15.9 percent of the 26,366 cars imported in the first three months of 2017, according to the General Department of Vietnam Customs. Car importers said that the slowdown was due to a decree issued by the government at the beginning of the year that requires importers to provide valid vehicle type approval certificates issued by authorities from the countries of origin, along with quality control and assurance certificates. As a result, importers in Vietnam do not have enough cars to meet the demand. Having sold its last 38 Toyota Fortuners at the end … [Read more...] about Car imports crawl into Vietnam in Q1: report