Vietnam's central bank, Vietcombank, is considering a transaction that could lead to its first offshore public bond issue. This decision comes as the global financial environment is characterized by such changes, with corporate bonds taxes and interest rates higher than traditional international loans.

The offer of offshore public bonds represents an important step for Vietcombank, given that it is the largest bank in Vietnam. This move is supported by the government, which needs to issue foreign bonds to finance its economic growth strategy and infrastructure investments.

The information on possible bond issues has been provided by three people familiar with the agreements. The first person said that the transaction could raise up to $300 million between November and March. Vietcombank also indicated that this issuance could be denominated in dollars and could be made between November and March, with a possibility of issuing $300 million.

A second source disputed these information, saying that the transaction has no connection with future government bond issues. A Vietnamese official stated that Vietcombank had consulted the Ministry of Finance about the possibility of issuing foreign bonds for months, but no decision has been taken.

Furthermore, Techcombank, the company, has informed the Ministry of Finance of the need for foreign bond issuance to finance their rapid growth.

The global financial environment is characterized by such changes, with corporate bond taxes and interest rates higher than traditional international loans. This movement represents an important step for Vietcombank, given that it is the largest bank in Vietnam.

This transaction could be a way to test investors' attention before future government bond issues. The information was provided by three people familiar with the agreements, but the second person disputed these information, saying that the transaction has no connection with future government bond issues.

The Ministry of Finance has declared that it is preparing a market presentation to measure foreign investor interest in country's bonds, but no issuance is expected in the short term since the government continues to evaluate market conditions during an increase in taxes and interest rates, as currently.