Vietnam’s corporate bond market warms up

Vietnam’s corporate bond market is showing signs of recovery after a series of local banks announced their plans to issue more bonds from now through early next year.

Noteworthy are plans by Saigon Thuong Tin Commercial Joint Stock Bank (SacomBank) to sell 3 trillion VND (168 million USD) worth of bonds in the third quarter of this year; and Saigon Commercial JS Bank (SCB) with 1 trillion VND worth of convertible bonds in the first quarter of next year.

Fund liquidation knocks markets off stride

The announcement late last week that Indochina Capital would liquidate its Vietnam holdings sent the nation’s stock exchanges into a tailspin during the final two sessions last week.

Cross border Korean phone line back in operation

The Democratic People's Republic of Korea (DPRK) has notified the Republic of Korea (RoK) that it is putting a key inter-Korean communications channel back into operation, according to the RoK’s Unification Ministry on August 25.

Vietnam’s bond market association debuts

The Vietnam Bond Market Association (VBMA) made its debut in Hanoi on August 14, setting the stage to further spur the development of the bond market and other financial tools in the country.

Day-long programme commemorates Orange Day

VTV4, a channel for overseas Vietnamese, is broadcasting round-the-clock programming on August 10 related to Agent Orange and its victims, to commemorate “Orange Day”.
Culture - Sports

Fashion TV holds bash in HCM City

Models in swimsuits, funky tunes and a catwalk featuring top designs were all part of the “Beach Party” event held and broadcast by the international fashion channel FTV on August 8
in HCM City.

Singapore confirms first H1N1-related death

The Singaporean Ministry of Health (MoH) announced that a 49-year-old H1N1 patient, with multiple health problems, died on July 18, becoming the first fatality of the disease in the country so far.