01/20/2021 13:49
Following uptrends in recent years, corporate bond issuance volume set another record, according to preliminary data from FiinGroup, a Vietnamese provider of financial data and business information. Under this preliminary update, over VND410 trillion ($17.82 billion) of corporate bonds were issued in 2020, which increased by 38.5 per cent from end-2019 and 83.5 per cent from end-2018.
01/20/2021 10:37
Credit rating agencies are crucial for the development of Vietnam’s corporate bond market, the ability to raise capital for trade and production activities and market openness and transparency. However, lack of credit culture is impeding the licensing of domestic credit agencies.