Since issuing corporate bonds has become easy thanks to open regulations, it is necessary to tighten control over bond issuance. According to Saigon Securities Incorporated (SSI), VND129.016 trillion worth of corporate bonds were offered to sell in the first eight months of the year and 90.08 percent was sold. VND22.664 trillion, or 61 percent of bonds, were sold to domestic investors. However, it’s unclear who the ‘domestic investors’ are. Meanwhile, bonds cannot sell to individual investors who don’t have deep knowledge about the market. The analysts blamed the hot corporate bond market on the easy requirements stipulated in Decree 163. Hai Linh Anonymous foreign investor buys entire batch of Phu My Hung bonds Phu My Hung Development Corporation has mobilised VND800 billion ($34.78 million) for real estate projects from a "secret" foreign investor through bond sales. Vietnam’s bond market continues growth Vietnam’s … [Read more...] about Is the corporate bond market too hot?
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The mission was joined by cadets and commanders of the Vietnam Naval Academy, as well as representatives of relevant agencies of the Vietnam Naval Service. Senior Colonel Nguyen Duc Nam, Deputy Director of the Academy cum Head of the mission, held that the mission is to enhance friendship, mutual understanding and trust between the Vietnam People’s Navy and its neighboring counterparts, including the Royal Cambodian Navy and the Royal Thai Navy, and to promote exchanges among the naval forces for a region of peace, stability and development. It also provides an opportunity for naval cadets to improve their commanding capability, practical skills to master weapons and equipment as well as to deal with real situations. The People’s Army Newspaper would like to introduce some images of the mission before leaving Nha Trang Port for Cambodia and Thailand. Senior Colonel Nguyen Van Lam (R), Director of the Vietnam Naval Academy, presenting bouquet of flowers to the … [Read more...] about Vietnam’s naval sailing vessel left for Cambodia and Thailand
Ship 286 – Le Quy Don. Photo: thanhnien.com.vn The activity aims to implement the direction of Vietnam’s Central Military Commission and Ministry of National Defense in international integration and defense external relations; enhance friendship, cooperation, mutual understanding and trust between the Vietnam People's Navy and the navies of China, the Philippines and Brunei, for peace, stability and development in the region. The event is also in reply to the visits of the three countries’ naval ships to Vietnam in recent years. This is an occasion for the on board senior students of the Naval Academy to practice long-distance training at sea, improve their leadership and handle real situations. Translated by Lam Anh … [Read more...] about Vietnam’s naval sailing vessel to visit China, the Philippines, and Brunei
The delegation of Sailing vessel 286 - Le Quy Don, led by Senior Colonel Phan Van Van, Deputy Director of the Vietnam Naval Academy, paid a courtesy visit to Rear Admiral Abdul Aziz bin Tamit, Commander of the Brunei Navy. Rear Admiral Apdul Aziz bin Tamit presenting gift to Senior Colonel Phan Van Van At the meeting, Sen. Col. Van introduced the sailing ship and his crew to Rear Admiral Apdul Aziz bin Tamit. Accordingly, the sailing ship, named after the 18th-century Vietnamese philosopher, Le Quy Don, was commissioned to the Vietnam People’s Navy on March, 2016 and has ever been used to train naval cadets. “This is the first time the Vietnam Naval Academy has organized such a long-distance maritime trip training course for its senior students. During the field training course, the students are supposed to apply their knowledge learnt at the school to well performing real on-deck tasks and absorb practical experiences. Additionally, via such a visit, they … [Read more...] about Vietnam’s naval sailing vessel visits Brunei
To enter his hole in the wall, 57-year-old Hoang Van Xuan has to go down a tiny alley off bustling Hang Buom Street in Hanoi's old quarter and climb a makeshift ladder comprising five iron rungs stuck in a wall. It is between the first and second floors of an old dormitory, and he calls it a "matchbox" and "birdcage." "I made those rungs myself. Iron is better than wood because it is less cumbersome, and allows more space for people to walk." The wall is full of tangled electric wires. Xuan enters his house. Photo by VnExpress/Dinh Tung. He has lived for 50 years in the five-square-meter room with a small closet, a TV, a fan, and a mat for sleeping. Inside it is impossible to know whether it is day or night since there is no door or window, and a light bulb is always on. There are septic and water tanks around. On rainy days the water seeps into the walls, creating a bad odor. Sometimes Xuan is hit by pieces of mortar while sleeping when someone walks upstairs. The cracks in the … [Read more...] about Living for half a century in the wall’s hole