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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

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

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