After the arrest of Ms. Truong My Lan and the accusations of bondholder Van Thinh Phat with An Dong bonds issued through the consulting and brokerage of SCB Bank-Tri Viet Securities (TVSI), the Vietnamese bond market The South still faces many difficulties.
Summary of all outstanding news related to enterprises listed on two stock exchanges.
2024-2025, Vietnam plans to borrow about VND 1.25 million billion in the next two years. Of this, 750,000 billion dong must be borrowed to offset the central budget deficit, and about 465,800 billion dong is borrowed to pay the principal due to the central budget.
The Government has just issued Resolution 105/NQ-CP on tasks and solutions to remove difficulties for production and business, continue promoting reform of administrative procedures, and tightening discipline.
Vietnam is performing better than most countries in the world. The representative of the International Monetary Fund (IMF) has made a forecast for Vietnam's economy, especially when growth returns to a stable trajectory and begins to recover.
From now until the end of the year, value-added tax (VAT) will be reduced by 2% from 10% to 8% for many items. Reducing value-added tax will reduce the cost of goods and services, stimulating consumption demand, promoting production and business and creating more jobs for workers.
In the first 6 months of 2023, the number of real estate businesses withdrawing from the market had the highest increase among 17 sectors.
According to the Asian Development Bank (ADB), several corporate bond defaults in Vietnam have occurred.
Many large commercial banks, both private and state-owned in Vietnam, are rushing to buy back bonds ahead of time and issue new bonds.
Revenue from insurance in the first quarter of many Vietnam banks was only 50% of the same period in the same period, after many years of continuous high growth.
Along with the wave of young investors, the group of securities companies also received a "new wind" when financial technology companies (Fintech) entered the market of providing investment services.
According to the State Audit, corporations using state capital, such as Vinafood1, Vicem, and Satra Group... have large debts, investment losses of trillions of dongs, and financial insecurity.