Monday , November 25 2024

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$448M bond payouts loom for property firms in January

$448M bond payouts loom for property firms in January

Property companies have to redeem bonds worth VND10.5 trillion ($447.76 million) that mature this month. They account for 60% of all bonds maturing in January, according to the Vietnam Bond Market Association, while construction firms need to pay out VND5.9 trillion, or 34%. Private bond issuance last year declined by …

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Dollar continues to dip on black market

Dollar continues to dip on black market

The U.S. dollar dropped against the Vietnamese dong on the black market Tuesday morning. Unofficial exchange points sold the greenback at VND23,520, down 0.55% from Monday. Vietcombank kept its rate unchanged at VND23,620. Eximbank sold the dollar at VND23,580, and Techcombank VND23,640, same as Monday. The State Bank of Vietnam …

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Pig farmers face losses as prices plunge

Pig farmers face losses as prices plunge

Pig farmers in southern Vietnam are potentially facing huge losses after pork prices plummeted by 20% in the last two months. Du’s family in Tien Giang Province had been hoping to sell their 120 pigs at high prices before the Lunar New Year on January 23, normally a period when …

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