Vietnam Sets Record with Government Bond Auction

Vietnam's State Treasury raised a record 15.89 trillion dong ($633.6 million) in a government bond auction, significantly higher than the $415.5 million raised last week. The uptake rate also improved to 92%, compared to 83.4% in the prior auction, according to the Hanoi Stock Exchange.

Vietnam's State Treasury has set a new record by raising 15.89 trillion dong ($633.6 million) in its latest government bond auction, surpassing last week's $415.5 million milestone.

The Hanoi Stock Exchange reported a substantial increase in uptake, with 92% of the bonds offered being sold, compared to 83.4% in the previous auction.

This significant rise highlights the growing investor confidence in Vietnam's economic stability and financial policies.

(With inputs from agencies.)