Hanoi green bond market up to US$800mil

The ADB report also showed that Vietnam’s local currency bond market rebounded to a 7.7% quarterly uptick. —VNA/VNS

HANOI: The sustainable bond market in Vietnam reached a size of US$800mil at the end of March, according to a new report by the Asian Development Bank (ADB).

The market is composed of green bonds and sustainable bond instruments issued solely by corporates and mostly carrying short-term tenors.