Ho Chi Minh City to issue municipal, project bonds through VIFC to fund infrastructure
Ho Chi Minh City, Oct. 30 -- The Ho Chi Minh City People's Council has approved a resolution on issuing municipal and project bonds through the Vietnam International Financial Centre (VIFC), opening up a new channel for medium- and long-term financing for key c and laying the groundwork for an international bond market in the city. The council adopted the resolution during its sixth thematic session, under growing pressure to attract investment capital as infrastructure demands far surpass the city's budget. Between 2026 and 2030, the city's total public investment needs are projected to reach 3.1 quadrillion VND (120 billion USD), but budget resources are expected to cover only about 31%. A total of 98 major transport and technical infra...
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