Vietnam bond market

The authors of the ADB report recommend that if “issuers remain slow to adopt credit ratings, the government should consider a universal mandate for credit ratings encompassing all publicly and privately listed issuances. While such a requirement will add to transaction costs, it will lead to the development of a credit culture, which is crucial for the development of a vibrant bond market.” … [Read more...] about Vietnam primed for credit rating agency to boost bond market

“Chinese suppliers now cannot satisfy our orders for Beijing X7 and Brilliance V7. Meanwhile, as the reminbi/US dollar exchange rate has fluctuated, every imported car is $1,000 more expensive. The transport cost of every car has also surged to $1,800, six times higher than previously,” said a car dealer specializing in Chinese imports. … [Read more...] about Unprecedented: Chinese car imports selling well in Vietnam

“Once I was trashpacking under the Thu Thiem Bridge in District 2, there were lots of men enjoying their streetside coffee but none of them bothered to lift a finger and help,” Yen said. … [Read more...] about Trashpacking in Vietnam – a growing trend

HÀ NỘI — The State Securities Commission of Việt Nam (SSC) has ordered the Hồ Chí Minh Stock Exchange (HoSE) and securities firms to apply short-term, mid-term and long-term solutions for overload orders which forced the exchange to halt trading since the end of last year. … [Read more...] about SSC sets out measures to address stock market overload issue

Hanoi (VNA) - Vietnam's growth accelerated to 4.5 percent in the last quarter of 2020, resulting in an annual growth rate of 2.9 percent - making it one of the fastest growing economies in the world, according to the World Bank (WB). In the January edition of its monthly Vietnam Macro Monitoring, the bank said the country’s industrial production and retail sales continued to expand solidly, with growth rates close to pre-pandemic levels. December 2020 marked another strong performance of merchandise trade, with double digit growth rate in imports (23.1 percent) and exports (17.8 percent), while FDI inflows slowed. Consumer price index remained flat in December 2020, as food prices stabilised, while consumer demand has yet to fully recover from the crisis. Credit growth picked up slightly after the State Bank of Vietnam cut policy interest rates in October, ending 2020 at 10.1 percent. Auctions and granting of land use and rental improved revenue collection in the last … [Read more...] about Vietnam – one of fastest growing economies: WB