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.
Vietnam's corporate bonds worth VND230.2 trillion (nearly US$9.5 billion) had been redeemed before maturity by December 25, an increase of 5.8% compared to the figure in 2022, according to the Ministry of Finance.
The total revenue to the State budget as of December 25 surpassed VND1.69 quadrillion (nearly US$69.5 billion), up 4.5% compared to the yearly estimate, heard a conference hosted by the Ministry of Finance in Hanoi on December 27.
The corporate bond market is "warming up" and recovering thanks to effective support policies, according to insiders.
VOV.VN - Minister of Finance Ho Duc Phoc expressed Vietnam’s desires to enhance finance cooperation with Australia, Japan and Singapore during his separate meetings with financial leaders of the three countries on the sidelines of the APEC Finance Ministers’ Meeting 2023 in San Francisco, USA, on November 12.
The State budget revenue was estimated at over VND1,223 trillion (US$50.8 billion) in the first nine months of this year, or 75.5% of the estimate, marking an annual decrease of 8.3%, according to the Ministry of Finance.
VOV.VN - Vietnam attaches great importance to promoting the great friendship, special solidarity and comprehensive cooperation with Laos, Party General Secretary Nguyen Phu Trong told outgoing Ambassador Sengphet Houngboungnuang at a reception in Hanoi on September 20.
VOV.VN - Vietnam, Laos and Cambodia have pledged to stay united and strengthen cooperation to overcome challenges and boost development in their respective countries amidst regional and global complications.
VOV.VN - Vingroup, the largest private economic conglomerate in Vietnam, is going to issue bonds to mobilise VND10 trillion for its affiliate VinFast’s car manufacturing plant in Hai Phong.