The real estate market is currently going through a tough phase due to a tight monetary policy and a surge in the corporate bonds market. These are the reasons why real estate stocks are also losing their inherent value and luster.
From the end of this year onwards, real estate businesses will face a worrisome period due to cash flow shortages as corporate bonds will begin to mature. This will be in sharp contrast to the enthusiasm with which these businesses raced with each other to issue bonds in the years 2019 until 2021.
The Ministry of Finance yesterday said that in the first seven months of 2022, businesses issued individual bonds worth VND262,250 billion, down 10.9 percent compared to the same period in 2021, of which 52.3 percent of the issuance volume has collaterals.
Minister of Finance Ho Duc Phoc has just signed Directive No.01/CT-BTC on strengthening supervision and rectifying problems related to issuance, investment, and service provision activities in the corporate bond market.
The last trading sessions on the stock market in Vietnam in 2021 witnessed the old trick of spreading bad news for the purpose of devaluing stocks and buying cheaper shares, which also led to several investors suffering heavy losses.
The last trading sessions on the stock market in Vietnam in 2021 witnessed the old trick of spreading bad news for the purpose of devaluing stocks and buying cheaper shares, which also led to several investors suffering heavy losses.