Vingroup's International Bond Issuance
Vingroup, Vietnam's leading private conglomerate, has announced plans to issue $325 million worth of international bonds with a five-year term and a yield of 5.5% per year.
Recent Economic Developments
The Standing Committee of Vietnam's National Assembly has approved a resolution to adjust personal income tax (PIT) deductions, resulting in a significant increase of over 40% from current levels.
Acts of Solidarity
Employees of the National Power Transmission Corporation (EVNNPT) have shown unity and compassion by donating one day's salary to support the people of Cuba, a nation with a special friendship with Vietnam.
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Author's summary: Vingroup issues international bonds.
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