G-bond issuance meets 73 percent of yearly plan The State Treasury has mobilised more than 182.4 trillion VND (7.88 billion USD) through Government bond auctions on the Hanoi Stock Exchange (HNX) so far this year, fulfilling 73 percent of the yearly plan. The latest auction held November 20 brought in 3.9 trillion VND. In the auction, the annual interest rates in successful bids declined for 5- and 15- and 30-year bonds compared to the previous auction, standing at 2.37 percent, 3.74 percent and 4.64 percent, respectively. The rate remained unchanged for 10-year bonds, standing at 3.62 percent. According to the HNX, compared to early this year, the annual interest rates in successful bids tended to decrease, down by 1.45 percentage points for 5-year bonds, 1.48 percentage points for 10-year bonds, 1.56 percentage points for 15-year bonds and 1.16 percentage points for 30-year bonds./. Retail businesses need to develop their own brands Local retail businesses should focus on developing their own brands, improving the product quality and diversifying products in order to enhance their competitiveness in the domestic market. The scale of the nation’s retail market has grown rapidly in recent years, from US$88 billion in 2010 to US$130 billion in… Read full this story
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