A total of VNĐ117 trillion (US$5.03 billion) worth of corporate bond notes were raised in the first eight months of 2019, according to SSI Securities Corporation’s research unit.
On August 23 the State Bank of Việt Nam set the benchmark exchange rate at VNĐ23,127 to the dollar, weakening the đồng by VNĐ5 compared to the previous five days (August 19).
The local market remained hard to predict as price movements have been sensitive and showed no certain trends, said analysts and brokerages.
Gold prices right now are showing signs of decline, and experts warning the future forecast for the precious metal is unpredictable at best.
Việt Nam’s fiscal deficit, including principal repayments, would come in at 6.6 per cent of GDP in 2019 and 2020, up from 5.9 per cent in 2018, Fitch Solutions Macro Research forecast.
, and Mr. Stephen Carter, Group CEO, Informa Group (back right). Mr. Anthony Lau, HKTB Executive Director (front left), and Ms. Margaret Ma Connolly, President & CEO of Informa Markets Asia (front right), signed the Memorandum)
