Vietnam Business News

---

• Vietnam treasury sells vnd6.75tln government bonds on mar 28; yields down
• Interbank trading dong +19.5%, dollar +28.6% in week ending mar 22
• Bond trading value on secondary market doubles to vnd8.4tln in week ending mar 22
• Vietnam central bank net injects vnd347bln via OMO in week ending mar 29
• Vietnam bonds have best week since january as auction rates drop
• Vietnam asset management company establishment delayed
• Talks aimed at encouraging ASEAN trade
• VN steel firm to build plant in Thailand
• VietJetAir to open new domestic route
• GEF supports 140 poor fishing communities

Vietnam treasury sells vnd6.75tln government bonds on mar 28; yields down Posted: 31 Mar 2013 09:10 PM PDT The State Treasury of Vietnam sold VND6.75 trillion worth of government bonds or 96.4% of the offered value, at the yield of 7.84-9.1% per annum in an auction held on Mar 28, said the Hanoi Stock Exchange (HNX). The bid-to-cover ratio was 2.22. There were 24 bidders for VND8.748 trillion 3-year bonds, seeking for yields [...]

Interbank trading dong +19.5%, dollar +28.6% in week ending mar 22 Posted: 31 Mar 2013 09:10 PM PDT The total interbank trading value of the dong surged by 19.5% to VND104.076 trillion in the week ending March 22 from VND87.037 trillion a week earlier while that of the dollar soared by 28.6% to VND56.361 trillion from VND46.604 trillion. The total interbank trading value of the dong surged by 19.5% to VND104.076 trillion in [...]

Bond trading value on secondary market doubles to vnd8.4tln in week ending mar 22 Posted: 31 Mar 2013 09:10 PM PDT Bond trading value on the secondary market totaled nearly VND8.359 trillion in the week ending March 22, up over 96.82% on week, said BaoViet Securities Joint Stock Co (BVSC) in its weekly bond report. Transactions were mainly for below 3-year tenors, representing 73% of the total trading value while 3- to 5-year bonds constituted 18.7% [...]

Vietnam central bank net injects vnd347bln via OMO in week ending mar 29 Posted: 31 Mar 2013 09:10 PM PDT The State Bank of Vietnam (SBV) net pumped VND347 billion via open market operation (OMO) in the week ending March 29, the local newswire NDHMoney.vn reported, citing data compiled by SSI Research. In details, the SBV injected VND2,301 billion and withdrew VND1,954 billion via OMO during the week. The central bank net withdrew VND381 billion [...]

Vietnam bonds have best week since january as auction rates drop Posted: 31 Mar 2013 09:10 PM PDT Vietnam's bonds completed the best week since January, pushing the benchmark five-year yield down to the lowest level since 2009, after the government sold debt at lower interest rates. The dong was little changed. The State Treasury sold 3 trillion dong ($143 million) of five-year notes at 8.45 percent yesterday and 3 trillion dong of [...]

Vietnam asset management company establishment delayed Posted: 31 Mar 2013 09:10 PM PDT Vietnam will delay establishing a debt asset management company until at least the end of April, as the government struggles to revive an economy hobbled by a slowdown in lending. Prime Minister Nguyen Tan Dung asked the central bank and the ministries of finance and planning and investment to "quickly work together to make a [...]

Talks aimed at encouraging ASEAN trade Posted: 31 Mar 2013 08:51 PM PDT HCM CITY — The Invest ASEAN-Viet Nam 2013 forum of ASEAN exchanges took place on Saturday in HCM City, aimed at drawing investment capital to the region. Speaking at the event held for the first time in Viet Nam, HCM Stock Exchange chairman Tran Dac Sinh noted the purpose of the event was to promote [...]

VN steel firm to build plant in Thailand Posted: 31 Mar 2013 08:49 PM PDT HCM CITY —Hoa Sen Group, a leading coated-steel sheet producer, on Saturday signed a memorandum of understanding with Thai companies Asava Metal Ltd Co and BK Metal Sheet Ltd, Part to build a factory in Thailand for producing corrugated iron. It also signed an agreement with Asava, a leading manufacturer and distributor of metal sheets [...]

VietJetAir to open new domestic route Posted: 31 Mar 2013 08:40 PM PDT HA NOI — VietJetAir has announced one more route to be added to its domestic network. The route connects HCM City with Buon Me Thuot in the Central Highlands of Viet Nam. It will open on May 20 with one round trip daily. Ticket prices start from VND390,000 (US$19). The flight will set off from [...]

GEF supports 140 poor fishing communities Posted: 31 Mar 2013 02:20 AM PDT The World Bank (WB) approved an additional grant of $6.5 million to the Coastal Resources for Sustainable Development Project (CRSD) in Vietnam on March 29. The credit comes from the Global Environment Facility (GEF) – a Trust Fund managed by the WB to help address six critical focal environmental areas: biodiversity, climate change, international waters, [...]

You are subscribed to email updates from Vietnam Business News To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610