Gov’t to Issue US$1 Billion in International Bonds

The government will issue US$1 billion in international bonds, Prime Minister Nguyen Tan Dung said at a recent meeting of the Finance Ministry in Ha Noi.

The bonds will be issued for loans or to act as a guarantee for local firms to issue their own bonds on the international market. Local firms could also issue their bonds directly without a government guarantee.
The PM also requested that the government issue international bonds with durations of 15 and 20 years and that they lend some of them to organizations that have invested in important projects like the Dung Quat Oil Refinery and Semakan 3 Hydropower Plant being built by Songda hydro electricy general Company.

Source: Tuoi Tre – Translated by Thuy Hang

Other news

Most view

HCMC to suffer consequence from plastic waste

HCMC to suffer consequence from plastic waste

Reports from two waste treatment plants operated by Vietstar and Tam Sinh Nghia showed that of 60 tons of plastic garbage in Ho Chi Minh City everyday, a small quantity of plastic bags are recycled; subsequently, the city is highly likely to suffer a lot from plastic pollution.


HCMC focuses on safe pig breeding chain

The HCM City department of agriculture & rural development has just held conference about the sustainable pig breeding and safe pork production market in HCMC.

Self - introduction

VNPT targets to be leading digital service provider in Vietnam

The grand opening ceremony of the VNPT-Information Technology Company (VNPT-IT), a new member of the Vietnam Posts and Telecommunications Group (VNPT), was held yesterday in Hanoi. With thousands of IT engineers and the focus on developing state-of-the-art technological products related to Artificial Intelligence (AI), Bigdata, and Blockchain, the new company is considered the main force to help VNPT fulfill the goal of becoming a leading digital service provider in Vietnam and an important Digital Hub of the neighborhood as well as the world.

Stock market