ADB: Vietnam’s bond market grows fastest in Q2
Vietnam had the fastest growing bond market over the second quarter of 2012, according to the Asian Development Bank’s (ADB) Asia Bond Monitor, released on September 10.
Vietnam had the fastest growing bond market over the second quarter of 2012, according to the Asian Development Bank’s (ADB) Asia Bond Monitor, released on September 10.
The quarterly Asia Bond Monitor assesses the bond markets in China, Hong Kong, Indonesia, the Republic of Korea, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
By the end of June, 455.9 trillion VND (21.8 billion USD), in outstanding dong-denominated bonds had been purchased, 10.5 percent more than the figure at the end of March and 28.5 percent more than that the end of June 2011, the report said.
The growth in Vietnam’s market was driven by a 42 percent growth in treasury bonds and the resumption of the State Bank of Vietnam issuing bills in March.
This was partly offset by a 4.4 percent year-on-year contraction in State-owned enterprise bonds and an 8.7 percent drop in corporate bonds.
Thailand, Singapore and Malaysia were the next fastest growing on an annual basis, up by 17.7 percent, 15.8 percent and 15.0 percent, respectively.-VNA
The quarterly Asia Bond Monitor assesses the bond markets in China, Hong Kong, Indonesia, the Republic of Korea, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
By the end of June, 455.9 trillion VND (21.8 billion USD), in outstanding dong-denominated bonds had been purchased, 10.5 percent more than the figure at the end of March and 28.5 percent more than that the end of June 2011, the report said.
The growth in Vietnam’s market was driven by a 42 percent growth in treasury bonds and the resumption of the State Bank of Vietnam issuing bills in March.
This was partly offset by a 4.4 percent year-on-year contraction in State-owned enterprise bonds and an 8.7 percent drop in corporate bonds.
Thailand, Singapore and Malaysia were the next fastest growing on an annual basis, up by 17.7 percent, 15.8 percent and 15.0 percent, respectively.-VNA
You should also see
Prime Minister pays tribute to legendary founders of Vietnam
Prime Minister Pham Minh Chinh and other officials offered incense in commemoration of the Hung Kings, the legendary founders of Vietnam, at Kinh Thien Palace on Nghia Linh Mountain in Viet Tri city, the northern province of Phu Tho, on April 18 (the 10th day of the third lunar month).
See more
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
Videos
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
