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Update news bond market
Vietnam bond market fastest growing in East Asia; Vietnam aims for rice production restructuring; Work starts on 9.4 mln USD habour in Dong Nai; Action plans for prioritised industries announced
VietNamNet Bridge – The government bond market witnessed a record growth in 2013, while the corporate bond market got much bigger in scale.
VietNamNet Bridge – The stock market in Viet Nam witnessed a strong recovery this year with the benchmark indices, market capitalisation and the involvement of foreign capital soaring over last year, according to the State Securities Commission.
GE to expand operations in Vietnam; Vietnam’s bond market fastest growing in East Asia; Mekong Delta strives to remain as top rice granary; Vietnamese bank makes deal with foreign consultant
The scale of the bond market in Vietnam reached nearly $25 billion, down in the third quarter of 2013, but still obtained the highest growth in the region in comparison with the same period last year, according to the ADB.
VietNamNet Bridge – The local corporate bond market is seen small compared to other Asian peers, with its outstanding balances totaling some VND70 trillion or only about 2.47% of the nation’s gross domestic product in 2012,
VietNamNet Bridge – The Ministry of Finance has proposed to establish the country's first credit rating agency to increase corporate bond market and assist businesses in mobilising capital for their business and production.
VietNamNet Bridge – The Ministry of Finance has outlined a plan that will give priority to government bonds in the bond market under Decision No. 261/2013.