Vietnam has postponed a 3-billion USD international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.
Hanoi (VNA) - Vietnam has postponed a 3-billion USD international bond issuance plan due to unfavourable conditions in the global finance and monetary market, the finance ministry said.
The National Assembly in November last year approved the international bond issuance plan, to be launched in 2016, to restructure domestic debts that arise during the 2015-16 period. The bonds were expected to have terms of 10 to 30 years, with interest rates to be set depending on international capital market conditions at the time of issuance.
However, according to the finance ministry, the global finance and monetary market has continued to remain in a state of flux since the end of last year, with the period witnessing several unfavourable developments such as United States’ Treasury bond rise, China’s yuan devaluation and the Brexit vote.
The international bond issuance plan, therefore, has been postponed, the ministry said.
However, it said the Government will closely watch the global market in order to issue the bonds at a suitable time, ensuring national interests.
Vietnam has so far issued international bonds three times, the first of which was in 2005, worth 750 million USD; the second in 2010, valued at 1 billion USD; and the third in 2014, worth 1 billion USD.
As for the domestic bond market, the Government issued 187.7 trillion VND in bonds in the first half of the year, nearly 86 percent of which were bonds with a term of five years or more.
The average term of the bonds during the period reached 6.8 years with an average interest rate of some 6.4 percent per year.
⛦ The State Treasury will issue another 40 trillion VND in Government bonds until the end of the year, chiefly those with terms of more than five years.-VNA
Terms for special bonds issued by the Vietnam Asset Management Company (VAMC) to buy non-performing loans (NPLs) from credit institutions will be extended to ten years in some cases.
The State Securities Commission of Vietnam (SSC) was actively implementing the corporate bond scheme to make the local corporate bond market work next year.
The new Government decree also simplifies loan procedures while expanding credit incentives to include organic and circular agriculture, allowing them to access preferential terms similar to those of high-tech and value-chain based agricultural production.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Illustrative image.(Source: vir.com.vn)
