The State Treasury disbursed a total of 107.7 billion VND (4.6 million USD) as investments in the first half of 2019, equivalent to only 29.7 percent of the set target.
Foreign investors are getting access to various master plans and priority infrastructure projects and hearing directly from policymakers and authorities at the Infrastructure Vietnam Summit that opened on July 25 in Ho Chi Minh City.
The State Treasury of Vietnam on July 24 mobilised more than 7.02 trillion VND (302.04 million USD) via auctions of Government bonds at the Hanoi Stock Exchange (HNX).
The State Treasury of Vietnam recently mobilised a total of 8 trillion VND (344.9 million USD) via auctions of Government bonds at the Hanoi Stock Exchange (HNX).
About 745.4 trillion VND (32 billion USD) was collected for the State budget in the first half of 2019, equivalent to 52.8 percent of the year’s target and up 13.2 percent year on year, according to the Ministry of Finance (MoF).
The launch of Government bond futures contracts will give the derivatives market a larger selection of investments and the contracts promise to become an effective tool to prevent interest rate risks.
The State Treasury has mobilised 2 trillion VND (86 million USD) from selling Government bonds at an auction held at the Hanoi Stock Exchange this week.
Government bond futures contract, a new product in the derivatives market, will be traded on the Hanoi Stock Exchange on July 4, the State Securities Commission (SSC) has said.
The draft Law on amendments and supplementations to a number of articles of the Law on Insurance Business was put into discussion during the 14th National Assembly’s seventh session on May 20.
The State Treasury of Vietnam raised a total of 2.4 trillion VND (104.3 million USD) worth of government bonds (G-bonds) during a recent auction at the Hanoi Stock Exchange (HNX).
Nearly 518 trillion VND (22.23 billion USD) was collected towards the state budget in this year’s first four months, completing 36.7 percent of the yearly target and representing a year-on-year rise of 13.9 percent, reported the Ministry of Finance.
More than 786 billion VND (over 33.6 million USD) was mobilised for the State Treasury of Vietnam from the auction of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in May 8.
The State Treasury of Vietnam has mobilised more than 2.1trillion VND (90.13 million USD) through Government bond auctions on the Hanoi Stock Exchange (HNX).
The State Treasury of Vietnam mobilised 3.95 trillion VND (170 million USD) worth of Government bonds at an auction on February 27, according to the Hanoi Stock Exchange (HNX).
Vietnam aims to make the size of its stock market equal to 100 percent and 120 percent of the gross domestic product (GDP) in 2020 and 2025, respectively.
The yield of Government bonds (G-bond) has continued to decline and hit seven-month lows as the US Federal Reserve (Fed) seems unlikely to hike interest rates and the domestic monetary market has shown positive movements.
The Southern Key Economic Zone needs special policies to attract foreign direct investment (FDI) and improve linkages between localities to ensure sustainable development, experts have said.
In recent years, the Government bond market has become an important capital mobilisation channel for Vietnam. However, the scale of the country’s bond market is modest compared to national economic scale and to other regional countries.
More than 36.3 trillion VND (over 1.55 billion USD) was mobilised for the State Treasury of Vietnam from the auction of Government bonds (G-bonds) at the Hanoi Stock Exchange (HNX) in January, a month-on-month fall of 19.2 percent.
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