Finance Ministry proposes delaying Decree 65 until 2024
HCMC – The Ministry of Finance has released a draft decree amending Decree 65 on bond trading, proposing a one-year delay of putting the said decree into force. In its proposal, the ministry suggested that Decree 65 should take effect from January 1, 2024, as the bond market is in a liquidity
Ministry of Finance orders bond issuers to pay off debt
HCMC – The Ministry of Finance (MOF) has written to debt-issuing organizations, ordering them to cough up the principal and interest of their bonds and to closely follow regulations on bond issues. To ensure investors’ legitimate rights, the ministry said that bond issuers would have to work with
Corporate bond sales plunge
HCMC – The bond market is going downhill, with a plunge in corporate bond sales volumes between January and October, the Ministry of Finance said in a recent report. Bond sales in the 10-month period dipped 25.2% over the same period in 2021 to VND328.9 trillion, with over half of the bonds being
Corporate bond issues grind to a halt
HCMC – Corporate bond issues have virtually ground to a halt, with a zero-issue streak stretching from October to November 4, the Vietnam Bond Market Association (VBMA) said, citing data from the Hanoi Stock Exchange and the State Securities Commission. Bonds offered to the public have plunged
Wise moves needed
The bond market has continued deteriorating since leaders of Tan Hoang Minh Group and Van Thinh Phat Holdings Group Corporation were detained Bond issues plunge Attention has centered on the corporate bond market lately as buyers were concerned over the liquidity of the bonds they bought.
Risks still abound
Corporate bond market risks are emerging as warned by authorities. Tan Hoang Minh Group and Van Thinh Phat Holdings Group Corporation are among the cases in point. Bond redemptions urged The price of shares of VKC Holdings Joint Stock Company (VKC), formerly known as Vinh Khanh Cable Plastic