Money market mutual funds invest in

Vinhomes Ocean Park 2 in Hung Yen province. Hung Yen Urban Investment and Development Co issued two lots of bonds worth total 7.2 trillion VND on March 16 with collateral of property rights arising from business cooperation contracts at Vinhomes Ocean Park 3 project. (Photo courtesy of Vinhomes) Hanoi (VNS/VNA) - The corporate bond market is showing signs of recovery after a prolonged period of inactivity with a notable increase in both the number of issuers and value of issuance. Data on the Hanoi Stock Exchange showed as of March 24, eight companies issued bonds worth more than 23.8 trillion VND (over 1 billion USD), of which real estate firms dominated the market with total issued value of 19 trillion VND, accounting for 80% of total value. This number was a significant increase compared to the value of 500 billion VND in February and 110 billion VND in January. On March 16, two realty firms – Hung Yen Urban Investment and Development Co Ltd and Southern Star Urban … [Read more...] about Corporate bond issuance surges in March after prolonged inactivity

Vietnamese Ambassador to Thailand Phan Chi Thanh (L) and Thai Deputy Minister of Labour Surachai Chaitrakulthong (Photo: VNA) Bangkok (VNA) - Vietnamese Ambassador to Thailand Phan Chi Thanh had a working session with Thai Deputy Minister of Labour Surachai Chaitrakulthong on March 24 to discuss measures to further step up labour cooperation between the two countries. The Vietnamese diplomat briefed on economic cooperation between Vietnam and Thailand, saying that Thai businesses highly value business opportunities in Vietnam and want to expand their investment in the country. Many Thai corporations have invested in Vietnam with large-scale projects, using many Vietnamese workers, he said, adding that the Vietnamese Government always creates favourable conditions for Thai labourers to work in the country. He thanked the Thai Government for supporting legal workers from Vietnamm in the past time, and suggested the Thai side consider adding more industries for … [Read more...] about Vietnam, Thailand eye stronger labour cooperation

Phathi is a cluster of villages that has received significant investment from the Government of Vietnam since 2009 to build essential infrastructure projects such as roads, clean water systems, schools, clinics, cultural centers, and agricultural extension programs. However, due to the lack of funds for maintenance and repairs, a number of construction items have deteriorated over time. To address this, the Vietnamese and Lao Ministries of National Defense recently received approval from the Prime Ministers of the two countries to support the maintenance, repairs, and upgrade of essential infrastructure works, particularly the clean water supply systems and school sites. During the visit, Senior Lieutenant General Hoang Xuan Chien presented 40 gifts, each worth VND 2 million, to needy students and policy beneficiaries in the locality. He also visited the 705 International Cooperation Co. Ltd. of Military Region 2, a Vietnamese company operating in the area, and praised their great … [Read more...] about Deputy defense minister presents gifts to Lao people