Vietnamplus

The value of corporate bonds issued in October was 9.5 trillion VND (409 million USD), down 12.8 percent from September, according to the Hanoi Stock Exchange (HNX).

The corporate bond market cooled in September and risks still persist for investors, according to securities companies.

A total 31 trillion VND (1.33 billion USD) was mobilised for the State Treasury through 15 Government bond auctions at the Hanoi Stock Exchange (HNX) in October, falling 47 percent from the previous month.

Private corporate bonds raised in September dived from the previous month after a decree took effect to tighten the issuance on the corporate bond market.

Renewable energy companies were becoming more active in the corporate bond market, according to brokerages.

In the second quarter, corporate bonds in Vietnam posted growth of 65.6 percent quarter-on-quarter and 76 percent year-on-year.

The improvement of global investment sentiment and financial conditions has provided a much-needed lift for local currency bond markets in emerging East Asia, including Vietnam, despite risks from the COVID-19 pandemic, according to the latest issue of the Asian Development Bank’s (ADB) Asia Bond Monitor.

The 23rd ASEAN Finance Ministers’ and Central Bank Governors’ Meeting Plus Three (AFMGM+3) was held virtually on September 18, with discussions focusing on a wide range of measures to promote regional economic growth.

Prospects for regional and global economic development was one of the important contents discussed at the 23rd ASEAN Finance Ministers’ and Central Bank Governors’ Meeting Plus Three (AFMGM +3) which was held virtually on September 18.

Companies collected a total of 38.4 trillion VND (1.7 billion USD) via bond issuances in August, according to statistics from the Hanoi Stock Exchange (HNX).

The State Treasury mobilised 22.850 trillion VND (992.1 million USD) worth of Government bonds via 16 auctions on the Hanoi Stock Exchange in August, down 61 percent from the previous month.

Enterprises in the real estate sector issued some 45.59 trillion VND (around 2 billion USD) worth of bonds in the first half of this year, equal to 80 percent of the figure in 2019 as a whole.

The Hanoi Stock Exchange (HNX) has issued a new rule to run the corporate bond portal to publicise bond deals and give investors more news about the market.

The ASEAN+3 Finance and Central Bank Deputies’ Meeting (AFCDM+3) was held in the form of a teleconference on August 5.

The ASEAN+3 Finance and Central Bank Deputies’ Meeting (AFCDM+3) was held via video conferencing on August 5 under the chair of Vietnam and Japan.

Through 21 Government bond auctions on the Hanoi Stock Exchange (HNX) in July, the State Treasury raised more than 58.67 trillion VND (over 2.5 billion USD), up 80 percent against June.

The Government’s Decree 81, which comes into effect on September 1, will help raise the corporate bond market standards and remove low-quality issuers to better protect investors.

Vietnam has been successfully developed a stock market, with the capital market playing a critical role in the economy, according to Dominic Scriven, Chairman of Dragon Capital, one of Vietnam’s leading investment firms.

Intermediary financial institutions instead of bond issuers should be empowered to recognise professional investors when they come to purchase corporate bonds in the secondary market, regulatory experts have urged.

Privately-placed corporate bonds can no longer be sold within their first year of issuance, according to a new decree.