By
Hai Yen
Mon, August 12, 2024 | 1:41 pm GMT+7
A workshop on the sustainable and professional development of Vietnam’s corporate bond market will be hosted by The Investor in Hanoi on Friday, August 16.
The event will feature leaders from various ministries, agencies, and associations, along with economists, representatives from commercial banks, securities firms, listed companies, international organizations, and credit rating institutions.
A workshop organized by The Investor on the sustainable and professional development of Vietnam’s corporate bond market will take place in Hanoi on August 16, 2024.
Developing a sustainable and professional corporate bond market is a key policy of the government. According to Decision 1726/QD-TTg on stock market development by 2030, issued by the Prime Minister on December 29, 2023, the government aims for the outstanding value of corporate bonds to reach 20% of GDP by 2025 and 25% by 2030.
The local corporate bond market has been recovering since 2022. According to the Ministry of Finance, 41 businesses have issued bonds worth VND110.2 trillion ($4.39 billion) since the beginning of 2024, a 2.6-fold increase compared to the previous year.
However, challenges remain in the corporate bond market. Therefore, the workshop is expected to generate solutions to overcome obstacles hindering its development.