During this period, bank bonds constituted 67.1% of the total issuances, overshadowing the real estate sector, which accounted for only 20.8%.

Bank bond issuance has surged to 96.2 trillion VND this year, a surge of 140% from last year, according to MB Securities (MBS).

A seminar aimed at channeling overseas remittances into infrastructure took place in Ho Chi Minh City on April 23, given that remittances to the city reached 9.46 billion USD in 2023, nearly three times higher than foreign direct investment (FDI), according to official statistics.

Prime Minister Pham Minh Chinh chaired a national online conference in Hanoi on February 17 that sought ways to remove obstacles to the domestic real estate market and give it a push to grow safely, healthily and sustainably.

The Ministry of Construction (MoC) has proposed controlling the bond issuance activities of real estate enterprises but not tightening investment in real estate bonds, Nguyen Manh Khoi, Deputy Director of MoC's Housing and Market Management Department, said at the monthly press conference held on June 13.

Vingroup has just announced its bond issuance on the international market in 2022, worth 525 million USD, with the offering price of 1 million USD a bond. The issue date is expected to be in May.

The State Securities Commission (SSC) has decided to cancel nine separate bond issuances worth over 10 trillion VND (over 437 million USD) by subsidiaries of property developer Tan Hoang Minh Group because they submitted false information.

Both the government and corporate bond segments posted faster growth, pushing Vietnam’s local currency bond market to 91.5 billion USD at the end of December 2021.

Banks have been promoting the mobilisation of medium- and long-term capital through bond issuance to meet the State Bank of Vietnam (SBV)’s requirements on capital adequacy ratio (CAR).

Vietnam should set tight rules to diminish the negative impact of corporate bond products, while constructing flexible regulations for bond issuance to effectively manage and supervise the corporate bond market, according to insiders.

A number of banks have increased bond issuance to attract mid-term and long-term capital, leading to changes in capital mobilisation in the corporate bond market in the second quarter.

As many as 277 businesses were involved in bond issuances in 2020, mobilising 403.5 trillion VND (17.4 billion USD), via some 2,200 issuance tranches, the Hanoi Stock Exchange has announced.

Enterprises in the real estate sector issued some 45.59 trillion VND (around 2 billion USD) worth of bonds in the first half of this year, equal to 80 percent of the figure in 2019 as a whole.

Indonesia’s foreign debts in the second quarter of 2020 were recorded at 408.6 billion USD, consisting of debts of the public and private sectors, according to the Bank of Indonesia (BI).

The Hanoi Stock Exchange (HNX) has issued a new rule to run the corporate bond portal to publicise bond deals and give investors more news about the market.

Companies are looking to raise debts from bond issuance before the amended Law on Securities takes effect next January.

The issuance of corporate bonds in Indonesia will likely decline this year as many companies shelve plans to seek funding because of unfavorable global economic conditions, analysts have said.

The corporate bond market had seen exponential growth in recent years as banking credit for several sectors was narrowed, forcing firms to shift to bond issuance to raise capital, Nguyen Khac Quoc Bao, head of the Financial and Bank Department at the HCM City Economics University, told Thoi bao Kinh doanh (Business Times).

Masan Group, a private conglomerate in Vietnam, has successfully issued 30 million bonds, named BondMSN012023, worth 3 trillion VND (128.8 million USD).

Rising medium- and long-term capital demands to meet stricter regulations on credit safety limits and capital adequacy early next year were putting pressure on commercial banks to issue bonds in the final months of the year, experts said.