Monday , November 25 2024

Business

Business

Bond issuance slows amid tightening controls

  A bondholder shows her ABOND bonds. Photo mns.com HÀ NỘI — Bond issuers have become more cautious amid the authorities tightening control of the market, leading to issuance shrinkages. The Ministry of Finance reported that the total issuance volume of privately-placed bonds plunged to around VNĐ30 trillion (US$1.3 billion) in April, down …

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Private firms eager to invest in expressways

Private investors are showing more interest in building expressways after a long thaw, with experts calling for greater support from the government and relevant localities. Vietnam’s biggest conglomerate Vingroup and largest private lender Techcombank have been given the green light to conduct a pre-feasibility study on the Gia Nghia – …

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Thaiholdings founder to sell company stake

Thaiholdings founder to sell company stake

Nguyen Duc Thuy, founder of Thaiholdings, has registered to sell his 87 million shares in the real estate company for portfolio restructuring. The disinvestment, set to take place in June, is expected to fetch over VND5 trillion ($215.56 million) on the basis of the company’s share price Friday morning. Thuy, …

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VN-Index closes fourth gaining session

VN-Index closes fourth gaining session

Vietnam’s benchmark VN-Index rose 1.33 percent to 1285.45 points Friday, its fourth gaining session in a row. The index closed 16.88 points higher after sliding sideways Thursday. It has risen nearly 67 points since Tuesday. Trading on the Ho Chi Minh Stock Exchange increased by 16.89 percent to VND16.09 trillion …

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S&P upgrades Vietnam ratings

S&P Global Ratings has upgraded Vietnam’s currency sovereign credit ratings to ‘BB+’ with a stable outlook, demonstrating that Vietnam’s economy would keep recovering from Covid impacts. “We raised our sovereign ratings on Vietnam to reflect our view of improvements in the government’s administrative processes,” S&P stated Thursday. In recent years, …

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S&P upgrades Vietnam ratings

S&P upgrades Vietnam ratings

S&P Global Ratings has upgraded Vietnam’s currency sovereign credit ratings to ‘BB+’ with a stable outlook, demonstrating that Vietnam’s economy would keep recovering from Covid impacts. “We raised our sovereign ratings on Vietnam to reflect our view of improvements in the government’s administrative processes,” S&P stated Thursday. In recent years, …

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S&P upgrades Vietnam ratings

S&P Global Ratings has upgraded Vietnam’s currency sovereign credit ratings to ‘BB+’ with a stable outlook, demonstrating that Vietnam’s economy would keep recovering from Covid impacts. “We raised our sovereign ratings on Vietnam to reflect our view of improvements in the government’s administrative processes,” S&P stated Thursday. In recent years, …

Read More »

S&P upgrades Vietnam ratings

S&P upgrades Vietnam ratings

S&P Global Ratings has upgraded Vietnam’s currency sovereign credit ratings to ‘BB+’ with a stable outlook, demonstrating that Vietnam’s economy would keep recovering from Covid impacts. “We raised our sovereign ratings on Vietnam to reflect our view of improvements in the government’s administrative processes,” S&P stated Thursday. In recent years, …

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Vietjet, Boeing to fulfill order for 200 aircraft

HÀ NỘI — Chairman of the Vietnamese National Assembly Vương Đình Huệ has congratulated Boeing and Vietjet Air on the agreement for structuring and continuous implementation of the order contract of 200 Boeing 737 aircraft at the recent meeting with Boeing’s Senior Vice President Michael Arthur.  The agreement was reached …

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Vietnam Expressway Corporation sees profits jump 20 times

Vietnam Expressway Corporation sees profits jump 20 times

State-run Vietnam Expressway Corporation (VEC) reported a 20-fold surge in post-tax profits to VND155 billion ($6.68 million) last year thanks to financial income. Its revenues were down by 11 percent to VND3.26 trillion while the cost of goods sold rose by 11 percent to VND1.1 trillion, resulting in a 19-percent …

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