(28 March 2012 – Vietnam) Vietinbank is preparing to issue overseas bonds by conducting a series of road shows in major foreign markets.The road shows will introduce this investment opportunity by travelling to Singapore, Hong Kong and London, as well as Boston, New York, Los Angeles and San Francisco in the US.
Through the road shows, the bank expects to meet potential investors before fixing the price of the bonds and issuing an appropriate volume, according to Vietinbank deputy director, Le Duc Tho.
The issuance of overseas bonds aims to mobilize mid-and-long term capital resources to meet the demand for business capital in Vietnam, develop new projects and upgrade Vietinbank’s status in the global financial market.