What’s going on here? Not long ago, the number of enterprises with billion-dollar capitalization on Vietnam’s stock market could only be counted on fingers, but with the growth of the stock market, combined with a series of big names simultaneously listing, that number increases sharply. As of January 22, 2020, on all 3 exchanges HoSE,…
Tag: vingroup
Ep 89: Vingroup plans Thai bonds as funding options narrow
What’s going on here? Vingroup, Vietnam’s largest company, plans to issue this year its first baht-denominated bonds as the sprawling conglomerate (1) seeks to expand its loss-making car business and (2) has exhausted its funding options at home. What does this mean? Opportunities and risks from Baht’s appreciation The baht strengthened 8% against the U.S….
with HT 