On the morning of March 19th, the People's Court of Hanoi opened a trial of first instance against Đỗ Anh Dũng, Chairman of Tân Hoàng Minh Tourism Service Hotel Joint Stock Company (Tân Hoàng Minh Group) and his son Đỗ Hoàng Việt along with 13 other accomplices on the charge of fraudulent
After the Government issued Decree 08, the bond market showed more positive signs, and businesses returned to issuing bonds.
After the arrest of Ms. Truong My Lan and the accusations of bondholder Van Thinh Phat with An Dong bonds issued through the consulting and brokerage of SCB Bank-Tri Viet Securities (TVSI), the Vietnamese bond market The South still faces many difficulties.
According to the Asian Development Bank (ADB), several corporate bond defaults in Vietnam have occurred.
HCMC – Businesses have redeemed nearly VND87 trillion worth of bonds before their maturity since the beginning of this year, despite the difficulties in raising capital through bond issuance in the currently sluggish bond market. Data from the Vietnam Bond Market Association (VBMA) showed that
The State Audit Office of Vietnam has issued a warning that credit growth in high-risk areas exceeded overall growth in 2022, and the credit-to-GDP ratio now poses potential risks. What do these facts signify and why is it concerning? Credit in high-risk areas In the 2022 report recently submitted
HCMC – The corporate bond market has remained lackluster, with nearly VND2.62 trillion in corporate bonds issued in April, representing a mere 10% of the total recorded in March, according to the Vietnam Bond Market Association (VBMA). VBMA saw no new corporate debt issued in the first five days
The corporate bond market has changed for the better, with a huge volume of bonds issued in March. Whether the market recovery trajectory stays the course is uncertain. Back on track? Data collected by the Vietnam Bond Market Association from the Hanoi Stock Exchange and the State Securities
With interest rates soaring, corporate clients are coping with a higher financial cost, a decline in consumption of goods and services and other hardships that may force them to scale down their operations or even go bust. Banks as intermediaries between depositors and borrowers are grappling with
Corporate bonds issued by the real estate sector accounted for 98.2% of the total volume of the first quarter of 2023.
HCMC – The corporate bond market showed signs of recovery in March, with 11 rounds of bond issues worth a total of VND26,425 billion launched, according to the Vietnam Bond Market Association (VBMA). This is a significant increase compared to previous months. January saw only one batch of
Many enterprises, especially real estate ones, are now under huge pressure to settle bonds upon maturity, including bond interest, which stems from a lack of oversight in the recent overheated growth of the capital market. To douse the fire on the bond market, all eyes are on the draft amendments