Vietnam saw 174 private placements of corporate bond issues totaling VND161.5 trillion in the first seven months of the year, a 2.6-fold increase over the same period last year, showed data from the Ministry of Finance.

The Hanoi Stock Exchange (HNX) held 20 auctions of government bonds in July, raising over VND36.5 trillion (over US$1.45 billion).

VOV.VN - Vietnamese Minister of Finance Ho Duc Phoc is paying a working visit to Australia from July 31 to August 3 in an effort to increase financial cooperation between the two countries.

The strong bond between Thailand and Vietnam was reaffirmed during a meeting between President of the National Assembly and Speaker of the House of Representatives of Thailand Wan Muhamad Noor Matha and Vietnamese Ambassador Pham Viet Hung in Bangkok on July 15.

VOV.VN - Prime Minister Pham Minh Chinh, upon arriving in Seoul for an official visit to the Republic of Korea on June 30, met with Korean friends who have made great contributions to Vietnam – RoK relations.

The Vietnamese economy is likely to expand by close to 6% in 2024, driven by a recovering export sector, robust foreign direct investment, and policy support, the International Monetary Fund (IMF) said on June 26.

The International Finance Corporation (IFC) is providing a US$150-million financing package to Southeast Asia Commercial Joint Stock Bank (SeABank) to boost a viable blue finance market, foster green bonds, and support smaller businesses.

Deposit interest rates are expected to remain low until the middle of 2024, with a slight increase anticipated thereafter due to higher credit demand, analysts said.

The State Treasury has announced that it plans to raise VND400 trillion (over US$16.25 billion) worth of government bonds via auctions on the Hanoi Stock Exchange (HNX) this year.

The market capitalisation of Vietnam’s stock market approximated VND6 quadrillion (US$246.7 billion) in 2023, rising 9.5% from and equivalent to about 62% of gross domestic product (GDP) in 2022, statistics show.