VietNamNet Bridge - Just within three months, the Ministry of Finance (MOF) has announced a series of plans to borrow money for the state budget totaling $5.3 billion. 

VietNamNet Bridge - Sources said the Ministry of Finance (MOF) is planning to borrow one billion US dollars more from Vietcombank, one of Vietnam’s largest commercial banks, at the interest rate of 3-4 percent per annum.

VietNamNet Bridge - Economists say that the National Assembly’s request to issue government bonds more than five years “goes against all financial management theories” and “does not fit  Vietnamese practice”. 

 VietNamNet Bridge – Nearly VND65 trillion (US$3 billion) would be poured into a dozen road investment projects across the Central Highlands by 2020 to promote socio-economic development in the region,

Though Vietcombank is not the only large and powerful commercial bank in Vietnam, it was still chosen by the State Bank as the buyer in a deal issuing $1 billion worth of government bonds in dollars.

VietNamNet Bridge - The Ministry of Finance (MOF) fulfilled only one-fourth of the yearly government bond issuance plan by the end of April, raising concerns that the state budget would not have money to spend this year.

The Ministry of Finance (MOF) has warned that the state budget will lack VND32 trillion this year because of the cap the State Bank of Vietnam (SBV) has set on the amount of government bonds commercial banks can buy.

 The Government raised more than 24.5 trillion VND (1.15 billion USD) from bonds on the primary market in February, a drop of 12.2 percent from January, the Hanoi Stock Exchange reported.

 VietNamNet Bridge – Vietnam corporations issued far fewer bonds in 2014, despite the participation of many big companies.

 VietNamNet Bridge – Vietnam is likely to come back to the growth model fueled by the State sector rather than private enterprises in the coming years if strong investments from the former continue.

 The Japan Bank for International Cooperation (JBIC) has proposed that it will support the Vietnamese Government in issuing bonds in the yen in the Japanese market.

Over 31.9 trillion VND worth of G-bonds sold in December; Processing, manufacturing industry performs well in 2014; More positive signs for economy; Retail sales up 10.6% in 2014; Number of re-operated enterprises up 7.1%

 VietNamNet Bridge – The year 2014 has seen the successful issuance of government bonds in both domestic and foreign markets, said the Vietnam Economic News.

 VietNamNet Bridge – Many National Assembly deputies yesterday agreed with the need to build a new modern but costly international airport, but said careful study was needed to ensure both economic and social efficiency of the project.

 Consumer confidence slightly softer in October; Brokerage firms fare well in Q3; Automakers report surging demand; India woos Vietnamese investors; No State money for bad debt; Equitization of 432 SOEs to finish next year

Government bonds to be transacted online; Leverage for development of support industries; Farm export profits rise 11.4 percent; Vietnam in the crosshairs of $1b Toshiba growth plan; US$130-million integrated business park to go up in city

 The total value of State treasury bill transactions have reached nearly VND21 trillion (US$1 billion), the Hanoi Stock Exchange has reported.

 VietNamNet Bridge – The government bond market is expect to set a new record in volume and value this year.

 VietNamNet Bridge – The volume of government bonds issued by the State Treasury in the first five months of the year equaled the number issued for the entire year of 2013.

 VietNamNet Bridge – Though the macro economy has improved, the number of enterprises going bust or being dissolved has continued to increase in the first five months of this year, according to the Ministry of Planning and Investment.