Vietnamese newspaper articles

With Vietnamese regulators’ efforts to minimise the risks of corporate bonds’ mass issuance, the landscape is predicted to be cooled down compared to a frenzy of debt instruments in the previous period. Corporate bond rush heads for slowdown. According to fresh data from the Hanoi Stock Exchange, as of January 22, there were seven successful corporate bond private placements with a total value of $279 million and two public offerings of $70 million. The real estate sector accounted for $233.7 million, equivalent to 66.9 per cent of the total issued value. Previously, over $17.82 billion of corporate bonds were issued last year, which increased by 38.5 per cent from end-2019 and 83.5 per cent from end-2018. Albeit a decline in the last quarter of 2020’s issuance volume the real estate sector witnessed the largest corporate bond issuance volume in 2020 of over $6.09 billion, accounting for over 35 per cent of total issuance value at an average coupon rate of 10.52 per cent. The banking sector also made up for nearly 30 per cent, with an average coupon rate of 6.69 per cent, lower than 7.06 per cent in 2019. Some significant bond issuers included BIDV, VietinBank, HDBank, and TPBank. The rush of corporate bond issuance has sought attention from yield-hunt investors in the face of ultra-low interest rates. “Rising medium- and long-term capital demands to satisfy stricter regulations on credit safety limits and capital adequacy ratio in 2021 were putting much pressure on commercial banks to raise funds from bond issuance in late 2020,” explained Nguyen Tu Anh, director of the General Economic Department under the Central Party’s Economic Commission. “On the other hand, foreign investors have been closely engaged in the domestic debt market. In 2020, foreign investors were actively net buyers, expect only three months of slight net-selling, with a total net buying value of $179.7 million.” However, the lack of transparency and independent credit …

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People exercise at a park in HCM City. Health experts recommend that people carefully watch what they eat, be physically active, avoid the use of tobacco and alcohol, and lower stress levels. (Photo: VNA) HCM City (VNS/VNA) - Although average life expectancy has increased, the number of cases of non-infectious disease among Vietnamese has risen, said Dr Nguyen Thi Kim Tien , head of the Department of Health Protection and Care of Central Officials. Tien spoke at an annual national workshop on health and longevity held in Ho Chi Minh City on April 8. The average life expectancy of Vietnamese is 73.6 compared to 68.6 in 1999, according to the population census in 2019. However, Vietnamese women are ill an average of a total of 11 years, compared to eight years for men, she said. “Non-infectious chronic diseases are the number one killer today, with more than 70 percent of deaths coming from cardiovascular disease, cancer and diabetes,” she noted. The number of cases increase significantly from the age of 40 due to aging, inadequate nutrition, high consumption of tobacco and alcohol, stress, and other factors. “The number in Vietnam has reached alarming levels,” she said, adding that “how we age depends hugely on how we behave.” She said that people should carefully watch what they eat, be physically active, avoid the use of tobacco and alcohol, and lower stress levels. “You should listen to your body and see a doctor as soon as possible if ill because early detection is important in treatment, reducing mortality and improving quality of life,” she said. Aging population In 2011, Vietnam began to enter the period of an aging population and is one of the countries with the fastest aging rates in the world. In 2017, the number of people 60 years and older accounted for 11.9 percent of the total population. This group will account for about 21 million people by 2038, or 20 percent of the population. The number will reach 27 million or 25 …

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Party General Secretary Nguyen Phu Trong (second from right) poses and newly-elected State and National Assembly (NA) leaders of Vietnam at the closing ceremony of the 14th NA's 11th session (Photo: VNA) – The US newspaper Washington Times has ran an article assessing that Vietnam has succeeded in completing its key leadership positions. Nguyen Xuan Phuc with significant economic progresses he helped the nation achieve in his previous post as Prime Minister. It also expected Prime Minister Pham Minh Chinh to effectively implement contents set out in documents of the 13th National Congress of the Communist Party of Vietnam (CPV). VNA …

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