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Corporate bond issuance rises in eight months

Corporate bond issuance rises in eight months

A total of 117 trillion VND (5.03 billion USD) worth of corporate bond notes were raised in the first eight months of 2019, according to SSI Securities Corporation’s research unit.

HCM City’s estate market expected positive growth

HCM City’s estate market expected positive growth

More positive signs would appear in Ho Chi Minh City’s property market in the year-end months despite difficulties in the first half of the year, said Chairman of the HCM City Real Estate Association Le Hoang Chau.

Vietcombank no longer major shareholder in other banks

Vietcombank no longer major shareholder in other banks

The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has officially completed a plan to reduce its holding ratio at other credit institutions to below 5% as required by the central bank.

Slowdown in economic figures challenges growth efforts

Slowdown in economic figures challenges growth efforts

Although Vietnam’s economy maintained an uptrend in the first five months of 2018, growth rates in some industries have slowed down, making it difficult for the country to achieve this year’s targets.

Banks ask for higher credit growth limit

Banks ask for higher credit growth limit

Many commercial banks have asked the State Bank of Vietnam (SBV) to expand the credit growth limit as they have almost used up the assigned quota for the whole year.