Vietnam’s five-year bonds on Monday fell on speculation an increase in money-market rates prompted banks to sell the securities to raise cash. The dong was steady

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Vietnam bonds decline on speculation banks selling to raise cash

Vietnam targets generating US$10 billion to $11 billion in tourism revenue and attracting 7 million to 7.5 million overseas visitors in 2015, according to a statement posted on the government’s website Monday.

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$11 billion in tourism revenues targeted in 2015

The CMA CGM Laperouse moored in Cai Mep Port on Monday has become the largest container ship to call on a Vietnamese port.

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Vietnam receives its largest container ship

Vietnam’s current-account deficit, low reserve coverage of short-term external debt and imports and high inflation make it more vulnerable to a global recession than four of its Southeast Asian neighbors, according to an HSBC Holdings Plc report e-mailed Monday.

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Vietnam more vulnerable to world slump than neighbors, HSBC says

Vietnam’s bonds gained Monday on speculation the largest banks are putting cash into debt rather than making loans.

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Vietnam’s bonds rise as banks increase purchases; dong falls

VietinBank, Vietnam’s top partly private lender by assets, has secured central bank permission to raise its registered capital by a fifth to VND20.23 trillion (US$963 million) via a share issue, the central bank said on Monday.

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VietinBank to issue new shares for boosting capital

TNK Vietnam, a subsidiary of Russia’s No.3 oil producer TNK-BP, will bid for blocks in state oil and gas group Petrovietnam’s licensing round offshore the Southeast Asian country after acquiring BP Plc’s assets, it said on Monday.

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TNK-BP seeks to bid for more Vietnam oil/gas blocks

Two groups of British and Dutch businesses are visiting Vietnam this week to research local market and investment opportunities, Saigon Tiep Thi reported on Monday.

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British, Dutch businesses eye Vietnamese market

Vietnam’s bonds fell Monday on speculation banks are using funds to lend in the money market rather than buy government debt. The dong weakened.

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Vietnam sovereign bonds drop as bank demand wanes; dong weakens

Vietnam’s Petroleum Import-Export Corp., or Petrolimex, is seeking up to 1.05 million tons of gasoil for delivery over January to December next year through a tender, industry sources said on Monday.

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Vietnam’s Petrolimex seeks up to 1.05 mln tons gasoil for 2012