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Vietnam tightens bond purchase after Tan Hoang Minh fraud

Vietnam tightens bond purchase after Tan Hoang Minh fraud

The government has issued a new decree to tighten regulations on purchase of corporate bonds to protect amateur investors from fraud. It requires “professional” bond investors to maintain an asset of at least VND2 billion ($84,477) in the six months prior to purchase. The asset must not contain debts. This …

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