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Vietnam State Treasury to raise US$17 billion through Gov’t bonds in 2023

February 4, 2023 by hanoitimes.vn

Government bond is an important source of revenue for the state budget and supports the development of the capital market. The Vietnam State Treasury (VST) is expected  to raise VND400 trillion (US$17 billion) by issuing Government bonds via auctions at the Hanoi Stock Exchange (HNX) in 2023. Government bonds remain a key source for the state budget. Photo: Viet Dung Under the plan, the agency is set to issue bonds worth VND108 trillion ($4.6 billion) in the first quarter of this year. This would include bonds with five to seven-year maturity of VND8 trillion (US$341.5 million), 10-year maturity of VND45 trillion (US$1.9 billion), 15-year maturity of VND45 trillion (US$1.9 billion), 20-year maturity of VND5 trillion (US$213.2 million) and 30-year maturity of VND5 trillion (US$213.2 million). VST noted adjustments may be made to stay in line with the actual situation of the market and Gov’t expenditure needs, especially the disbursement progress of public … [Read more...] about Vietnam State Treasury to raise US$17 billion through Gov’t bonds in 2023

Filed Under: Banking & Finance vietnam Government bonds, vietnam capital market, treasury bonds direct.gov, treasury bonds.gov, treasury bonds united states

Vietnam’s industrial property – promising segment in 2023

February 5, 2023 by hanoitimes.vn

The demand for Vietnam’s IP land rentals will sharply grow in 2023 thanks to policies promoting a return to investing in the Southeast Asian country. The industrial property segment is predicted to continue to be a bright spot in Vietnam’s real estate market in the coming years after reaching impressive growth in 2022, local insiders said. Benefiting from the ex isting land bank Many IP developers earn profit from developing IP projects. Photo: Cong Hung A recent report on the industrial real estate industry of VNDIRECT Securities predicted that by 2023, the net profit of listed IP developers is expected to grow by around 12% year-on-year. "We see more challenges for IP developers in the next two years due to the slow project approval process and limited funding sources. However, this is likely to turn into opportunities for developers that own ready-to-lease land banks, such as Becamex IDC Corporation (BCM)," the report noted. "We believe that … [Read more...] about Vietnam’s industrial property – promising segment in 2023

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Four reasons to attend VnExpress Marathon Ho Chi Minh City Midnight

February 5, 2023 by e.vnexpress.net

VnExpress Marathon will bring a much-awaited tournament for runners for the first time in HCMC. Some 10,000 participants will take part in the tournament as well as learn about the city's local customs, cuisine, and tourism. Two racers share a kiss at the VnExpress Marathon Hanoi Midnight 2022 finish line. Photo by VM Exploring a city that never sleeps Saigon is known as the Vietnamese city that never sleeps. Runners will have the chance to experience the city's commotion throughout the route, regardless of the time. The first 5 kilometer pass through the streets of Nam Ky Khoi Nghia, Dong Khoi, Ton Duc Thang, and Nguyen Hue, where the bustle is most obvious. These streets are home to several well-known attractions and restaurants. Runners can easily spot young people conversing over coffee, chatting with each other at the Notre-Dame Cathedral at midnight, or hear the energetic beat from street dance groups on the walking street at 1 a.m. District … [Read more...] about Four reasons to attend VnExpress Marathon Ho Chi Minh City Midnight

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World’s leading hotel groups to double down on investment in Vietnam

February 4, 2023 by en.vietnamplus.vn

Accor Vietnam intends to double the number of international-standard hotel s in Vietnam. - Illustrative image (Photo: baodautu.vn) Hanoi (VNA) - Accor Vietnam and IHG Hotels & Resorts – the world’s leading hotel businesses operating in Vietnam announced that they intend to double the number of international-standard hotels in the Southeast Asian nation in the next five years. Representatives of Accor and IHG said Vietnam is a very attractive country to invest in, and foreign investment has been quite robust over the past few years. There is huge potential for developing the hotel sector in the Southeast Asian nations. Xavier Cappelut, Vice President of Operations of Accor Vietnam, said the firm has plans to welcome 41 more hotels and resorts in its chain in Vietnam within the next five years. The hotel market received a great number of domestic visitors from the first half of 2022 due to the loosening of pandemic regulations, he said, adding that the demand has … [Read more...] about World’s leading hotel groups to double down on investment in Vietnam

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US fighter jet shoots down suspected Chinese spy balloon with missile

February 5, 2023 by e.vnexpress.net

President Joe Biden said he had issued an order on Wednesday to take down the balloon, but the Pentagon had recommended waiting until it could be done over open water to safeguard civilians from debris crashing to Earth from thousands of feet (meters) above commercial air traffic. "They successfully took it down, and I want to compliment our aviators who did it," Biden said. Multiple fighter and refueling aircraft were involved in the mission, but only one -- an F-22 fighter jet from Langley Air Force Base in Virginia -- took the shot at 2:39 p.m. (1939 GMT), using a single AIM-9X supersonic, heat-seeking, air-to-air missile, a senior U.S. military official said. The balloon was shot down about six nautical miles off the U.S. coast, over relatively shallow water, potentially aiding efforts to recover elements of the Chinese surveillance equipment in the coming days, officials said. The shootdown came shortly after the U.S. government ordered a halt to flights in and out of … [Read more...] about US fighter jet shoots down suspected Chinese spy balloon with missile

Filed Under: Uncategorized spy balloon, US, China, Joe Biden, Xi Jinping, Donald Trump, military, US fighter jet shoots down suspected Chinese spy balloon with missile - VnExpress..., chinese fighter jets, chinese military fighter jets, chinese fighter jet j20

ASEAN strengthens joint promotion activities for tourism recovery

February 4, 2023 by hanoitimes.vn

The Deputy Minister of Vietnam’s Ministry of Culture, Sports and Tourism hopes Vietnam will soon welcome ASEAN delegations to attend major tourism events in Vietnam this year. In 2023, ASEAN member countries will enhance the promotion of tourism projects, further facilitate the connection between   ASEAN destinations, and strengthen joint promotion activities in key markets and within ASEAN. Deputy Minister of Vietnam’s Ministry of Culture, Sports and Tourism (MOCST) Doan Van Viet gave his proposal at the 26th Meeting of ASEAN Tourism Ministers, which is taking place in Yogyakarta, Indonesia, within the framework of the ASEAN Tourism Forum (ATF 2023). Ministers of ASEAN member countries attend the event. Photos: TITC MOCST’s Deputy Minister Doan Van Viet hoped that ASEAN members would soon remove entry requirements related to Covid-19. He said  Vietnam  welcomes ASEAN delegations to attend major tourism events in Vietnam this year, including the VITM … [Read more...] about ASEAN strengthens joint promotion activities for tourism recovery

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