The Vietnamese Government plans to borrow more than VND1.7 quadrillion (US$73.2 billion) in the 2021-2023 period to meet the capital demand for socio-economic development, according to the public debt management plan for the next three years approved late last week.
BIM Land Real Estate, a member of BIM Corporation, has become Vietnam’s first unlisted firm completing the issuance of US$200-million green bonds without guarantee assets on the Singapore Exchange (SGX).
The State Treasury raised more than VND26.3 trillion (over US$1.14 billion) worth of Government bonds (G-bonds) via 16 auctions on the Hanoi Stock Exchange (HNX) in April.
Experts and economists have proposed to expand the issuance of Government bonds to the international market, saying that this will help increase opportunities to mobilise investment flows for socio-economic development projects of Vietnam in the time to come.
Green, social, and sustainability bonds are considered effective tools for Vietnam to raise capital from the private sector for projects with environmental and social benefits, thus supporting the country’s realisation of Sustainable Development Goals (SDGs) and the Paris Agreement 2015.
Vietnam’s largest private conglomerate Vingroup is planning to seek its shareholders’ approval to raise US$500 million from issuing unsecured bonds on the Singapore Exchange (SGX).
The Ministry of Agriculture and Rural Development (MARD) is likely to fulfil 11.4% of its yearly plan of public capital disbursement at the end of the first quarter of this year.
The corporate bond market in Vietnam is expected to be robust this year as the Government has issued regulations to untie the market but still aimed to ensure transparency and healthy market development.
VOV.VN - The Ho Chi Minh City Union of Friendship Organisations (HUFO) on January 22 hosted a get-together to celebrate Australia Day (January 26).
As many as 277 businesses were involved in bond issuances in 2020, mobilising VND403.5 trillion (US$17.4 billion), via some 2,200 issuance tranches, the Hanoi Stock Exchange has announced.