Vietnamese stocks fell sharply on Monday after a regulator said companies in one of Asia’s fastest-growing economies had misreported bond sales over the past decade.
The country’s main stock index fell 5.5 per cent, its biggest daily drop since the global market sell-off in April, after the release of a state probe of 462tn dong ($17bn) in domestic bonds issued between 2015 and 2023.
A report on 67 issuers by Vietnam’s Government Inspectorate issued on Friday found flaws in disclosure and misuse of proceeds in some bond sales.
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