Experts have expressed concern about property bubbles and the risks to the macroeconomy as real estate firms are issuing corporate bonds at high interest rates.

Many commercial banks have presented plans at shareholder meetings to issue bonds in the international market.

Many analysts think now is a good time for investors looking for acquisitions in the property industry to act since difficulties caused by the Covide-19 pandemic have thrown up opportunities.

Vietnam attracted US$12.33 billion worth of foreign direct investment in the first four months of 2020, a year-on-year decrease of 15.5 per cent due to the impact of the COVID-19 pandemic, according to the Foreign Investment Agency.

Rising medium- and long-term capital demands to meet stricter regulations on credit safety limits and capital adequacy early next year were putting pressure on commercial banks to issue bonds in the final months of the year, experts said.

A recent study by SSI Securities Corporation found that banks and securities companies acquired a large volume of bonds in the January-August period of this year.

Bond issuance is becoming an ideal channel for real estate firms to raise capital as credit policies for property development are gradually being tightened, experts said.

European shares fell on Monday, following Asia lower and led by banks after the European Central Bank said it would quiz euro zone lenders about high levels of bad loans, while oil prices tumbled on the prospect of more supply from Iran.

 VietNamNet Bridge – World-renowned forex educator Mario Singh, who is also founder & CEO of FX1 Academy in Singapore, speaks to Viet Nam News reporter about how forex trading can help Viet Nam's SMEs perform better.

 VietNamNet Bridge – The Government of Vietnam is running a rising budget deficit, which has been in the news. Some government ministers have expressed concern over the budget deficit during the ongoing session of the National Assembly.

Vietcombank, one of the largest Vietnamese commercial banks, has wrapped up a deal to buy $1 billion worth of government bonds in dollars after one year of hectic preparations.

VietNamNet Bridge – Commercial banks have too many functions in Vietnam, from providing loans to businesses to funding long-term infrastructure projects, from lending to fund securities investments to trading government bonds.

VietNamNet Bridge – Many economic experts have supported the proposal to issue Vietnam’s bonds in Japanese yen in the Japanese market.

 VietNamNet Bridge – Businesses would have more opportunities to access bank loans at low interest rates if the government had not issued so many bonds, experts believe.

 VietNamNet Bridge – National Assembly (NA) chairman Nguyen Sinh Hung on October 9 urged ministers to solve problems in connection to budget collections and spending to secure budget safety in 2014 and 2015.

 VietNamNet Bridge – Even though the NA Economic Committee agreed with the need to build a new airport, it also raised concerns over the amount the Long Thanh International Airport project in HCM City might add to public debt.

VietNamNet Bridge – The State Capital Investment Corporation (SCIC), in a recent report on its operation in this year’s first half, said that it encountered many difficulties in receiving, selling and transferring State stakes.

 The Federal Reserve will end its stimulus programme in October if US economic growth continues at its current pace, according to minutes from its June meeting.

 The US Federal Reserve has cut its growth forecast for 2014 because of the harsh winter weather.