Government bonds

Update news Government bonds

BUSINESS IN BRIEF 29/3

 Anti-dumping duty imposed on VN bicycle tyres; Repsol lubricants enter Viet Nam market; Government bonds fetch over 6 trillion VND; Rice exports reach 1.31 million tonnes in Q1

BUSINESS IN BRIEF 6/3

 Dairy product prices under microscope; HNX raises $1b from Government bonds; Jan-Feb budget collection reaches 6.18 billion USD; Tobacco company hits out at proposed tax hike

BUSINESS IN BRIEF 28/2

 Industrial production on recovery path; FDI drops sharply in two months; Rubber industry invests heavily in Cambodia; Japan invests US$3.1 billion in Dong Nai; 3.72 trillion VND of Government bonds mobilised

PM okays $226.5m bonds for rural growth

 VietNamNet Bridge – The Prime Minister has approved the issue of Government bonds worth over VND4.7 trillion (US$226.5 million) to fund the National Target Programme on New Rural Development.

Public investment law drafted

 VietNamNet Bridge – The National Assembly will choose a list of key national programmes and projects funded by state budgets and government bonds that will be included in the country's middle-term investments.

Audit Office to intensify inspections on restructuring

 VietNamNet Bridge – The State Audit Office of Viet Nam plans to intensify the auditing of economic restructuring activities this year, a conference to launch the SAV's operations in 2014 was told in Ha Noi yesterday.

Vietnamese bond market brake all the records

 VietNamNet Bridge – The government bond market witnessed a record growth in 2013, while the corporate bond market got much bigger in scale.

BUSINESS IN BRIEF 14/12

 US$2 billion to build Vinh Tan thermal power plant; Economic experts expect a modestly positive 2014; Steel exports look beyond US$2 billion in 2013; Auto sales to pick up at year-end; FDI to Vietnam sharply increases

Lawmakers discuss State budget spending priorities

VietNamNet Bridge – National Assembly deputies looked into the spending of the 2013 State budget and the State budget estimates and allocation for the next year at their sitting last Saturday.

Standing Committee to convene 22nd session

 VietNamNet Bridge – The National Assembly (NA) Standing Committee is scheduled to hold its 22nd session in Hanoi from October 10-15 to discuss a wide range of important issues.

Economic stimulus debate heating up

 VietNamNet Bridge – A public debate has begun heating up over whether or not a new stimulus should be launched to prop up the struggling economy and views against the stimulus have been gaining traction.

Banks refuse government bonds because of low interest rates

 VietNamNet Bridge – Commercial banks have made a volte face, refusing to buy government bonds because the offered interest rates are lower than their expected levels.

NA focuses on using Gov’t bonds for construction

The 13th National Assembly deputies at their June 7 plenary sitting of the ongoing fifth session debated the results of supervising the implementation of the Law on Thrift Practice and Wastefulness Prevention in using Government bonds

Gov't: Public debt remains at safe level

 VietNamNet Bridge – As of December 31, 2013, public debt, Government debt and foreign debt was 55.4%; 43.1% and 42%, respectively, remaining in safe waters, according to Deputy PM Vu Van Ninh.

Trillions of dong worth of capital left unused, wasted

Commercial banks have reported they have hundreds of trillions of dong left in their coffers. Tens of trillions of dong have been kept at securities accounts. Many enterprises suffer a headache because they have nowhere to invest in.

Every Vietnamese bears the public debt worth $808.1

The global debt clock at 3 pm of April 15, Hanoi time, showed that Vietnam’s public debt was equal to 49.2 percent of the country’s GDP.

Ten projects chosen for $440 million in G-bond funding

VietNamNet Bridge – Ten major infrastructure projects including highways, hospitals and a canal have been approved for investment capital totalling more than $440 million from government bonds.

Bond allocation plan approved

 VietNamNet Bridge – Lawmakers backed the Government’s proposal to allocate more than VND5.524 trillion (US$263 million) in Government bonds to important projects

Public hospitals struggle to improve infrastructure

 VietNamNet Bridge – Public hospitals still face significant financial hurdles in developing healthcare facilities and have urged for more preferential policies to address the monetary shortfall.

Cancer hospital opens in Da Nang

 VietNamNet Bridge – The US$71.4 million Da Nang Cancer Hospital was inaugurated on Saturday after three years of construction. VND220 billion ($10.5 million) was raised through Government bonds.