The National Assembly (NA) Standing Committee has endorsed a proposal that non-public companies issuing bonds via private placement must maintain a debt-to-equity ratio of no more than five, including the value of the bonds to be issued.

One of the most notable changes is the stipulation that the debt-to-equity ratio for companies issuing private bonds must not exceed five times their equity

Bamboo Airways is planning to raise its charter capital to 30 trillion VND (nearly 1.3 billion USD) to restructure its debts and increase capital for its core and support business activities.

The Vietnam Prosperity Joint Stock Commercial Bank (VPBank) plans to increase its current chartered capital from 15.7 trillion VND (around 691.6 million USD) to 27.8 trillion VND (1.22 billion USD) in 2018, the bank announced at its shareholders’ recent meeting.