Bond transfers are to be limited to 100 times in the first year (transactions between professional securities firms, done under a court order, or via inheritance will not count toward this limit). These requirements are intended to limit the amount of money issuers may raise from investors via private placements. Corporate bonds issued on international markets will be exempt from these restrictions. … [Read more...] about Government urges caution on corporate bond risks
Corporate
Corporate bond activity welcome as market shocks persist unabated
Given that the rebound in corporate bonds has been driven by increasing corporate demand to raise funds and investors looking for yield advantages, it is essential for local and international players alike to understand the rules, risks, and vulnerabilities evolving in this market. … [Read more...] about Corporate bond activity welcome as market shocks persist unabated
Investors still pouring money into corporate bonds, despite warnings
Excluding bank bonds (which have low interest rates), the average interest rate in Q2 was 10.27 percent, nearly the same as the interest rate in H2 2019. This was attributed to the bank deposit interest rate reductions. Excluding bank bonds (which have low interest rates), the average interest rate in Q2 was 10.27 percent, nearly the same as the interest rate in H2 2019. This was attributed to the bank deposit interest rate reductions. … [Read more...] about Investors still pouring money into corporate bonds, despite warnings
Citi Vietnam named Best Corporate Digital Bank 2020 by Global Finance
“Our investments in digital technologies have proven to be critical as the pandemic accelerates digital adoption among our client base. Through these capabilities, we have been able to continue effectively supporting our clients and their business operations during this time,” said Rajesh Mehta, Asia-Pacific head of Treasury and Trade Solutions, Citi. “We remain committed to being the preferred digital platform for digital commerce and continue to expand our digital banking infrastructure to support clients now and for the future.” … [Read more...] about Citi Vietnam named Best Corporate Digital Bank 2020 by Global Finance
Vietnamese legislature ratifies 30% corporate income tax cut in 2020 for SMEs
Small and medium-sized enterprises (SMEs) that make no more than VND200 billion (US$8.6 million) in revenue in 2020 will benefit from a 30 percent corporate income tax cut for the year, according to a resolution adopted by the country’s lawmaking National Assembly on Friday. … [Read more...] about Vietnamese legislature ratifies 30% corporate income tax cut in 2020 for SMEs
