Vietnam companies raising capital with bonds

HANOI: Vietnamese companies have been moving to bond sales from equities for capital raising as trade tensions triggered stock market volatility.

Local companies raised about 117 trillion dong (US$5bil) from bond sales in the first eight months of this year, with the scale accounting for about 11% of Vietnam’s economy versus 8.6% for all of 2018, SSI Securities Corp wrote in a note to investors.