The Board resolution dated January 10, 2020, Viet Capital Securities Joint Stock Company approved the first bond private placement of 2020, worth VND 800 billion as follows:

-       Bond type: non-convertible bond

-       Total value of bonds issue: VND 800 billion (divided into many phases)

-       Interest rate: the average rate of mid-term deposit rates by BIDV and Vietinbank, plus 3%/year.

-       Par value: VND 10,000,000

-       Issue price: 10,000,000 dongs/bond

-       Currency unit: VND

-       Issue volume: 80,000 bonds

-       Bond term: 24 months

-       Bond form: book entry

-       Expected stage of issues: 02 phases:

+ Phase 1: VND500 billion (expected issue time: from February 2020 or April 2020);

+ Phase 2: VND 300 billion (expected issue time: from May 2020 or July 2020)

-       Issue method: private placement

-       Nominal interest rate: expected from 7%/year to 9%/year

-       Expected issue date: February 01, 2020.