COVID-19-induced uncertainty continues to drag on emerging East Asian bonds

The coronavirus disease (COVID-19) pandemic continues to drag on local currency bond markets in emerging East Asia, including Việt Nam, as investment sentiment globally and in the region wane and containment measures limit economic activity.

HSC forecasts revenues and profits to rise The targets were announced at the company’s the 2019 Annual General Meeting of Shareholders held on Tuesday in HCM City.

HOSE announces resumption of trading after fixing system glitch The Ho Chi Minh Stock Exchange announced on Wednesday morning that the issue with its trading system on June 9 has been resolved, and trading is back to normal.

Central bank eyes tightening non-bank credit in corporate bonds, property The State Bank of Việt Nam is looking to tighten credit in corporate bonds and the real estate sector provided by non-bank financial institutions with an aim to ensure the safety of the system.

VN ready to be world’s factory, but is the world?

Việt Nam attracted US$12.33 billion worth of foreign direct investment in the first four months of 2020, a year-on-year decrease of 15.5 per cent due to the impact of the COVID-19 pandemic, according to the Foreign Investment Agency.

Property firms top bond issuers, having risks as outstanding bonds much higher than equities Property firms were the top bond issuers in the first four months of this year but the race of issuing bonds was creating risks as many had much higher outstanding bonds than their equities, according to the Ministry of Finance.

State should control corporate bond issuance of property firms: MoC

Successful property transactions in the first quarter of this year decreased by 60 per cent from the same period last year, according to the Ministry of Construction (MoC)’s quarterly report on the domestic real estate market released on Thursday.

Property developers ask for loosening of corporate bond policies

The HCM City Real Estate Association (HoREA) has asked for corporate bond regulations to be loosened to help businesses get through the COVID-19 pandemic, local media have reported.

ECB brings 750 bn euro bazooka to virus fightback The European Central Bank on Wednesday unexpectedly said it would spend 750 billion euros on "emergency" bond purchases, as it joined other central banks in stepping up efforts to contain the economic damage from the coronavirus.

F88 pawn chain to issue $2.15 million in bonds Hà Nội-based pawn shop chain F88 announced it has just completed its first bond issuance in 2020 with a value of nearly VNĐ50 billion (US$2.15 million).