The State Treasury raised VND3.474 trillion (approximately US$153 million) from an auction of government bonds on May 9, the Hanoi Stock Exchange has announced.
Nearly VND3.5
trillion raised from government bond auction on May 9.
At the auction, the State Treasury offered VND5 trillion
(US$220 million) with varying maturities of 10 years (VND1.5 trillion), 15
years (VND1.5 trillion), 20 years (VND1 trillion), and 30 years (VND1
trillion).
The ten-year bonds attracted 16
investors who bought a total of VND1.4 trillion with a yield of 4.2%, up 0.05
percentage points from the previous auction on May 2, while VND674 billion was
raised from 15-year bonds with a yield of 4.55%.
Another VND400 billion was raised
from a secondary auction of 15-year bonds with a yield of 4.55%.
For the 20-year bonds, the
auction drew the participation of five investors and VND1 trillion was sold at
a yield of 5.14%, up 0.02 percentage points from the previous auction on April
18.
In the meantime, none of the
30-year bonds were sold.
Since the start of the year, the
State Treasury has raised more than VND52 trillion (US$2.3 billion) from
government bond auctions at the Hanoi Stock Exchange.
Source: NDO
Prime Minister Pham Minh Chinh attended a groundbreaking ceremony for an electronic printed circuit board (PCB) factory at Da River Left Bank Industrial Park in Hoa Binh province on April 13. The electronic PCB factory is invested by Japan's Meiko Group at a total cost of 200 million USD.
In the first quarter of 2024, the credit institutions in the province have actively deployed the legal documents of the State and the State Bank relating to currency, credit and interest rates. At the same time, they have promoted the capital mobilization, focusing on the solutions to expand the credit investment along with strengthening the credit quality management, lending to priority programs to promptly meet the capital needs for export - business and consumer demand during Tet in 2024.
Outside the key economic region of Hoa Binh, yet Lac Son district has utilised its potential and strengths regarding labour, land, and transportation connectivity to attract investment to the locality, contributing to promoting socio-economic development.
In a move to expedite the execution and disbursement of the 2024 capital plan for ODA projects, aiming for a disbursement rate of over 90% of the allocated funding, the Hoa Binh People's Committee issued Document No. 483/UBND-KTN on April 3, 2024, regarding such efforts.
Nguyen Van Thap from Kim Duc hamlet, Vinh Tien commune, Kim Boi district, has built the brand of Hoa Qua Son for local fruits. His efforts have brought about income for his family and generated job opportunities for locals, helping hundreds of households escape from poverty.
The Hoa Binh administration was entrusted by the Prime Minister with a budget of 3.43 trillion VND (142.91 million USD) for investment in 2024. The provincial People's Council approved nearly 3.76 trillion VND, which has been meticulously allocated to projects, achieving 100% of the assigned capital plan.
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