Latest News about corporate bond
Since issuing corporate bonds has become easy thanks to open regulations, it is necessary to tighten control over bond issuance.
VND9.103 trillion worth of listed corporate bonds were issued in the first quarter of 2019. Vietnamese enterprises are issuing bonds instead of borrowing money from banks when seeking long-term capital.
Personal money appears to be shifting from stocks and bank deposits to corporate bonds.
Deputy Prime Minister Vuong Dinh Hue has asked for tight control of corporate bond issuance so the finance and equity sectors operate properly and safely.
Vietnamese commercial banks have been seeking capital from overseas for the last two years.
As commercial banks have tightened real estate credit, realtors are seeking capital from corporate bonds.
A number of listed real estate firms have announced plans to issue convertible corporate bonds to seek capital as banks have tightened lending.