Looking back at the Vietnam securities market in early 2000s, government bonds were effectively one of very few debt finance products listed for trading on local stock exchanges HNX and HOSE. The pace of expansion of Vietnam's primary bond markets since then has been significant as the Government of Vietnam (Government) continues to initiate numerous Vietnam market reforms and pass enabling legislation. Raising funds by way of corporate bonds are increasingly relied upon as one of attractive debt funding options by Vietnam-domiciled companies to be a good alternative or in addition to traditional bank loans, although the number of such offerings has been relatively limited due to many factors, including strict regulatory constraints.


On 4 December 2018, the Government issued a new Decree 163/2018/ND-CP (Decree 163) on private placements of corporate bonds effective from 1 February 2019 which replaced Decree 90/2011/ND-CP. On one hand, this newly issued Decree 163 removes a number of strict statutory requirements in the old regime for companies to issue bonds such as years of operation, profitability, non-qualifications by auditors on audited financial statements and the issuer's inability to issue international bonds to refinance existing VND debts. On the other hand, Decree 163 improves the disclosure regime and introduces a centralised database for corporate bonds.


Our speakers are top-tier banking and capital markets lawyers, and will provide an update on latest Vietnam legal developments affecting long-term debt offerings in Vietnam and in the international capital markets, including an explanation of the structure and terms of a bond issue, the forms and types of bonds, the role of advisers in those debt securities transactions, debt prospectus/offering circular, listing requirements and key areas of corporate issuers' continuing obligations (including disclosure requirements), clearing and settlement of debt securities. The presentation will also discuss the relaxation of corporate bonds requirements under Vietnamese law, particularly key differences between the old regime and the newly issued Decree 163.

Speakers

  • Mr. Nguyen Ngoc Quy (Partner at Lexcomm Vietnam LLC and Head of Banking and Capital Markets, LLB (Hanoi), LLM (Hanoi))

    Mr. Nguyen Ngoc Quy

    Partner at Lexcomm Vietnam LLC and Head of Banking and Capital Markets, LLB (Hanoi), LLM (Hanoi)

    More Information

  • Mr. Pham Ba Linh (Managing Partner at Lexcomm Vietnam LLC and Head of Energy, Project Finance and Infrastructure, LLB (Hanoi), LLM (Nottingham, England), FSIArb)

    Mr. Pham Ba Linh

    Managing Partner at Lexcomm Vietnam LLC and Head of Energy, Project Finance and Infrastructure, LLB (Hanoi), LLM (Nottingham, England), FSIArb

    More Information

Agenda

Tickets

  • Member Price | Bank Transfer Payment

    ₫900,000

    Standard Price

    INCLUDES LUNCH

    Buy Ticket
  • Non-member Price | Bank Transfer Payment

    ₫1,200,000

    Standard Price

    INCLUDES LUNCH

    Buy Ticket
  • Member Price | On-site Cash Payment

    ₫900,000

    Door Price

    INCLUDES LUNCH

    Buy Ticket
  • Non-member Price | On-site Cash Payment

    ₫1,200,000

    Door Price

    INCLUDES LUNCH

    Buy Ticket

Sponsors and Partners

Organiser

Co - Hosted

Platinum Corporate Partners

Gold Corporate Partners

Silver Corporate Partners

Premium Service Partners

Contact



MORE INFORMATION:

Ms. Tam Anh | tamanh@eurochamvn.org or calling 024 3715 2228