More bond issuers face debt repayment woes
HCMC – Many bond issuing companies are having difficulty settling debt as poor business conditions, tough access to credit and difficulties in raising funds from the stock market have heavily affected their cash flows. Hung Thinh Incons JSC called for a delay in paying principal and interest for a
January sees no corporate bonds issued
HCMC – The corporate bond market remained bleak last month, with no single bond issued, according to the Vietnam Bond Market Association (VBMA). Data from the VBMA showed corporate bond sales plunged to zero in the first month of the new year. The bond issues which businesses announced in January
Work on National Innovation Centre to begin soon
Construction of the National Innovation Centre (NIC), worth 740 billion VND (32 million USD), will be launched at Hoa Lac hi-tech park on the outskirts of Hanoi on January 9.
Experts expect positive outook for real estate market in 2021
In 2020, the Vietnam’s real estate market faces dual difficulties: the Covid-19 pandemic and the scarcity of supply. However, experts forecast the market in 2021 will see many bright spots.