Illustrative image (Photo: VNA) Hanoi (VNA) - The State Treasury has announced that it plans to raise 400 trillion VND (over 17 billion USD) worth of Government bonds via auctions on the Hanoi Stock Exchange (HNX) this year. State Treasury will offer 108 trillion VND worth of G-bonds with different maturities, including 5-year and 7-year bonds valued at 8 trillion VND, 10-year and 15-year bonds each valued at 45 trillion VND, and 5 trillion VND worth of 20-year and 30-year bonds each. auctions of 5-year bonds worth 500 billion VND, and 10-year and 15-year bonds worth 5 trillion VND each. VNA … [Read more...] about State Treasury to auction 400 trillion VND worth of government bonds in 2023
Hanoi stock exchange
Economic growth and market upgrade to draw capital
Illustrative image (Photo: VNA) Hanoi - The prospect of economic growth and market upgradation is the driving force to attract cash flow into the stock market. Vietnam is among the world's fastest-growing economies with an average GDP growth rate of about 6.5% per year in the period before the COVID-19 pandemic. The target of economic growth in 2021-2025 at 6.5-7% per year was set out at the 13th National Party Congress despite the fact that the economy was severely affected by the COVID-19 pandemic in 2021. However, VinaCapital forecasts that this growth can still be maintained in the 2023-2025 period. High economic growth will support companies listed on the stock market. In 2023, the business results of listed companies may be affected by the slowing growth of exports and consumption and high interest rates. The earnings per share (EPS) growth is forecast to be in single digits in 2023. However, from 2024, when inflationary pressures are gone, central banks around the … [Read more...] about Economic growth and market upgrade to draw capital
☀️ Morning digest February 2
Hanoi (VNA) - The following is a list of selected news summaries last night by the Vietnam News Agency. - General Secretary of the Communist Party of China Central Committee and President of China Xi Jinping has sent a letter to General Secretary of the Communist Party of Vietnam Central Committee Nguyen Phu Trong to thank him for cabling a message of condolences over the passing of comrade Jiang Zemin. Read full story - State budget collection from export-import activities in January topped 24.8 trillion VND (1.07 billion USD), or 5.8% of the estimate, down 42.3% annually, reported the General Department of Vietnam Customs (GDVC). Read full story - The State Treasury has announced that it plans to raise 400 trillion VND (over 17 billion USD) worth of Government bonds via auctions on the Hanoi Stock Exchange (HNX) this year. Read full story - There were 2,536 newly-established businesses in Ho Chi Minh City in January with a total newly registered capital of over 17.9 … [Read more...] about ☀️ Morning digest February 2