Prime Minister Nguyễn Xuân Phúc had talks with US Secretary of Defence Mark Esper on Wednesday in Hà Nội. — VNA./VNS Photo Thống Nhất HÀ NỘI — Việt Nam highly values its comprehensive partnershipwith the US, considering it one of the country’s most important partners, Prime Minister Nguyễn Xuân Phúc told visiting US Secretary of Defence Mark Esper during a reception in Hà Nội yesterday. The US Defence Secretary’s visit to Việt Nam, from November 19-21, aims to realise co-operation agreements in national defence between the two countries, contributing to enhancing friendship and understanding between their armies and people. During their talks, the Vietnamese PM spoke highly of the talks between Vietnamese Defence Minister Ngô Xuân Lịch and the US official, as well as the results of bilateral defence ties within the framework of the … [Read more...] about Việt Nam highly values comprehensive partnership with US: PM
Pratu nam market
This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the central bank increased issuance of bills. Vietnam’s bond market registered growth of 3.4% on-quarter and 1.9% on-year to US$55.1 billion as of the end-September, according to the latest edition of the Asian Development Bank’s (ADB) Asia Bond Monitor. This expansion was due mainly to a 4% on-quarter growth in government bonds to US$51 billion as the State Bank of Vietnam (SBV), the country’s central bank, increased issuance of central bank bills. The overall expansion of the country’s local currency bond market was slightly tempered by a 2.8% contraction on-quarter in the corporate bond market to US$5 billion. Nevertheless, the corporate bond market still posted growth of 4.2% year-on-year. Yield movement Vietnam’s local currency government bond yield curve shifted downward between August 31 and October 15. Bond yields for … [Read more...] about Vietnam’s bond market grows 1.9% in Jan-Sep, reaching US$55 billion
Since issuing corporate bonds has become easy thanks to open regulations, it is necessary to tighten control over bond issuance. According to Saigon Securities Incorporated (SSI), VND129.016 trillion worth of corporate bonds were offered to sell in the first eight months of the year and 90.08 percent was sold. VND22.664 trillion, or 61 percent of bonds, were sold to domestic investors. However, it’s unclear who the ‘domestic investors’ are. Meanwhile, bonds cannot sell to individual investors who don’t have deep knowledge about the market. The analysts blamed the hot corporate bond market on the easy requirements stipulated in Decree 163. Hai Linh Anonymous foreign investor buys entire batch of Phu My Hung bonds Phu My Hung Development Corporation has mobilised VND800 billion ($34.78 million) for real estate projects from a "secret" foreign investor through bond sales. Vietnam’s bond market continues growth Vietnam’s … [Read more...] about Is the corporate bond market too hot?
Vice Chairman of the Ha Nam provincial People’s Committee Truong Quoc Huy speaks at the event (Photo: VNA) Ha Nam (VNA) – Businesses of Japan’s Chiba prefecture joined a working session with the People’s Committee of the northern province of Ha Nam on November 20 to explore the province’s investment climate. At the event, Vice Chairman of the provincial People’s Committee Truong Quoc Huy informed his guests that Japan is now the second largest foreign investor of Ha Nam, with nearly 100 projects in various fields, contributing to the local socio-economic development. As Ha Nam regards Japanese firms as its main investment partner, the province has zoned off the Dong Van 3 supporting industrial park to attract more businesses from the country, he added. Notably, the province has set up an office to support Japanese investors in administrative procedures. In addition, the province boasts a huge workforce with cheap labour cost. It has … [Read more...] about Japanese firms explore Ha Nam’s investment climate
Local enterprises require experienced workers to ensure their business operation and production development.(Photo: VNA) HCM City (VNA) – Ho Chi Minh City-based companies will need to fill some 20,000 job vacancies in June, the city’s Centre for Forecasting Manpower Needs and Labour Market Information (FALMI) said. Although the number of job openings is lower than May, employers need more skilled workers, which account for 72.05 percent of the total demand. Most of the vacancies are in the city’s four key industrial sectors and nine service sectors such as engineering-automation, garment- leather shoes, transport-warehouse-import-export and electricity-refrigeration- industrial electricity. FALMI Director Tran Thi Anh Dao said that local enterprises require experienced workers to ensure their business operation and production development. As for the job seekers, they tend to find jobs in IT, architecture-construction, accounting-auditing, sales, … [Read more...] about 20,000 job vacancies available in HCM City market