Nearly 30 trillion VND mobilised through G-bond auctions

The Hanoi Stock Exchange successfully organised 17 Government bond auctions in November, raising 20.76 trillion VND (817.56 million USD) for the State Treasury.

Illustrative photo (Photo: baochinhphu.vn)
Illustrative photo (Photo: baochinhphu.vn)

Hanoi (VNA) – The Hanoi Stock Exchange successfully organised 17 Government bond auctions in November, raising 20.76 trillion VND (817.56 million USD) for the State Treasury.

These auctions offered 5-year, 10-year, 15-year, 20-year, and 30-year bond terms. The 10-year bonds saw the highest share of the total issuance at 77.07%, or approximately 16 trillion VND.

As of November 30, the State Treasury had raised over 323 trillion VND through G-bonds, achieving 80.75% of the full-year target. The interest rates for G-bonds at the end of November were 1.91% for the 5-year bonds, 2.68% for the 10-year, and 3.15% for the 30-year, showing a slight increase of 0.02%-0.05% per annum compared to the end of October.

On the secondary market, the listed value of G-bonds reached 2.21 quadrillion VND on November 30, a 1.05% increase from the previous month. The average trading value per session stood at 13.64 trillion VND, marking a 14.21% rise from the prior month. Of this, outright transactions (standard buy-sell trades) accounted for 71.42%, while repurchase agreements (Repos) made up 28.58% of the total market transactions.

In total, the value of secondary market G-bond transactions had hit 2.6 quadrillion VND by the end of November, with an average of 11.43 trillion VND per session, up 75.5% compared to the average for the entire year of 2023.

Transactions by foreign investors accounted for 1.8% of the total value in November, with a net purchase value of 147 billion VND./.

VNA

See more

A wind power farm in Bac Lieu province. (Photo: VNA)

Carbon market: An opportunity for businesses to engage in green economy

Carbon is an intangible commodity, but it is a product with significant value and potential for investment and business opportunities. However, it also presents many challenges for Vietnamese businesses that are not yet fully prepared, said experts at a seminar in Hanoi on December 25.

Workers process tra fish for export at a factory of Sao Mai Group. (Photo: VNA)

Vietnam back as ASEAN’s growth star: HSBC

Vietnam has regained its position as the “growth star” of the Association of Southeast Asian Nations (ASEAN), said the Hong Kong-Shanghai Banking Corporation (HSBC) when evaluating Vietnam’s economic development in 2024.

Vietnam gains 1.55 billion USD from the export of timber and wood products in December. - Illustrative image (Photo: vietnameconomy.vn)

Forestry exports set a record of 17.3 billion USD

Vietnam gained 1.55 billion USD from the export of timber and wood products in December, up 6% compared to the previous month and 15.8% year-on-year, according to the Forestry Department under the Ministry of Agriculture and Rural Development.

An electronic component production line at a factory of Suntech Vietnam JSC in Bac Giang province. (Photo: VNA)

Electronic imports exceed 100 billion USD

The import value of computers, electronic products and components reached 4.52 billion USD in the first half of December, according to the General Department of Customs.

Saigon Co.op shakes hands with foreign distribution chains to increase export of Vietnamese products (Photo: VNA)

Businesses expected to increase exports through foreign distribution systems

The direct export of Vietnamese goods through various foreign distribution systems not only helps producers increase profits but also provides Vietnamese products an opportunity to be exported under their own brands. This is considered a key factor in successfully building the Vietnamese brand in the international market.

Workers produce garments for export to the US and the EU at the Maxport Thai Binh apparel company (Photo: VNA)

Vietnam becomes second biggest garment exporter globally

Vietnam’s garment and textiles export is projected to hit nearly 44 billion USD this year, positioning the country as the world’s second biggest exporter, only behind India, said General Director of the Vietnam National Textile and Garment Group (Vinatex) Cao Huu Hieu.

Vietnam was the 11th largest trading partner of Singapore during the first 11 months of 2024, with bilateral trade topping 28.6 billion SGD (21.03 billion USD), rising 8.53%. (Illustrative phoo: VNA)

Vietnam’s exports to Singapore sustain growth

Vietnam’s exports to Singapore continued the growth trajectory in November, rising by 31.32%, sustaining the year-on-year expansion of 32.11% for the first 11 months, positioning Vietnam as the partner with the fastest export growth there, reported the Vietnam Trade Office in the city state.