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Update news bond yield
Under the amended Enterprise Law ratified by the National Assembly on June 17, nonprofessional investors are prohibited from trading corporate bonds issued in private offerings from January 1, 2021.
Banks and enterprises have rushed to issue corporate bonds in 2019 with record high value and interest rates. The hot corporate bond market has raised concerns.
VietNamNet Bridge – By assigning the government to focus on issuing long-term bonds, the National Assembly has shown that it believes the monetary market will be stable in 2015.
The Vietnam Asset Management Company (VAMC), a powerful legal entity established to restructure the bad debts, would issue bonds to deal with the debts.