According to the Ministry of Finance , for the stock market, as of March 31, the VN-Index reached 1,064.64 points, up 3.9% compared to the end of last month and up 5.7% compared to the end of 2022.
The HNX-Index closed at 207.5 points, up 2.5% compared to the end of last month and up 1.1% compared to the end of 2022.
In just one month, real estate businesses issued more than 23,000 billion VND worth of bonds. (Photo: MH)
The market capitalization of stocks on the three exchanges HOSE, HNX and UPCoM on March 31, 2023 reached VND 5,474 trillion, up 4.7% compared to the end of 2022, equivalent to 57.5% of estimated GDP in 2022.
Regarding the government bond market, accumulated from the beginning of the year to March 31, 2023, the total mobilized volume was VND 104,873 billion, reaching 26.2% of the annual plan (VND 400,000 billion) and 97.1% of the first quarter plan of 2023 (VND 108,000 billion).
The Ministry of Finance commented: Due to the impact of the market situation, from March 10, 2023, the interest rate level of Government bonds will tend to decrease and the demand for purchasing Government bonds will increase again.
The average bid volume/bid volume ratio in March 2023 reached 3.39 times, while this ratio in February 2023 was 2.99 times.
The corporate bond market in particular is growing strongly in March 2023, thanks to Decree 08/2023/ND-CP taking effect from March 6.
The Ministry of Finance said that in the first quarter of 2023, the volume of corporate bonds issued was VND 24,708 billion. At the time Decree 08 took effect, the number of corporate bonds issued was up to VND 23,825 billion, equivalent to 96% of the volume.
The average interest rate and issuance term are 7.75%/year and 2.37 years. In terms of structure, 98.2% of the issuance volume is in the real estate sector, the main customers are institutional investors accounting for 99.99%, of which banks account for 77%. Thus, the real estate sector issued more than 23,000 billion VND in just 1 month.
Regarding the situation of bond debt payment and restructuring, in the first quarter of 2023, there were 69 enterprises issuing late payments of principal and interest on corporate bonds with a total late payment value of about VND 19.2 trillion.
Currently, there are 23 issuers that have plans to negotiate with investors and report to HNX with a volume of about VND 9.6 trillion (accounting for 50% of the volume of delayed payment).
Source
![[Photo] National Assembly Chairman Tran Thanh Man visits Vietnamese Heroic Mother Ta Thi Tran](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/7/20/765c0bd057dd44ad83ab89fe0255b783)
Comment (0)