JavaScript is off. Please enable to view full site.

Vietnam eases corporate bond regulations: govt

Vietnam eases corporate bond regulations: govt

Monday, March 06, 2023, 14:33 GMT+7
Vietnam eases corporate bond regulations: govt
Vietnam has amended its corporate bond regulations. Photo: Quang Dinh / Tuoi Tre

Vietnam amended its corporate bond regulations on Sunday, the government said, in a move to ease pressure on issuers facing a credit crunch.

Domestic bond issuers can now negotiate with bond holders to make their principal and interest payments in assets, instead of only cash, according to a government decree issued on Sunday.

The amended regulations also allow issuers to extend the maturities of the bonds by up to two years, the government said.

According to the decree, bonds issued to the public will not be subject to compulsory credit ratings at least until the end of this year, it added.

Reuters

More

Read more

;

Photos

VIDEOS

‘Taste of Australia’ gala dinner held in Ho Chi Minh City after 2-year hiatus

Taste of Australia Gala Reception has returned to the Park Hyatt Hotel in Ho Chi Minh City's District 1 after a two-year hiatus due to the COVID-19 pandemic

Vietnamese woman gives unconditional love to hundreds of adopted children

Despite her own immense hardship, she has taken in and cared for hundreds of orphans over the past three decades.

Vietnam’s Mekong Delta celebrates spring with ‘hat boi’ performances

The art form is so popular that it attracts people from all ages in the Mekong Delta

Latest news