Vietnam should set tight rules to diminish the negative impact of corporate bond products, while constructing flexible regulations for bond issuance to effectively manage and supervise the corporate bond market, according to insiders.

Vietnam’s largest private conglomerate Vingroup is planning to seek its shareholders’ approval to raise US$500 million from issuing unsecured bonds on the Singapore Exchange (SGX).

The corporate bond market in Vietnam is expected to be robust this year as the Government has issued regulations to untie the market but still aimed to ensure transparency and healthy market development.

As many as 277 businesses were involved in bond issuances in 2020, mobilising VND403.5 trillion (US$17.4 billion), via some 2,200 issuance tranches, the Hanoi Stock Exchange has announced.

The Bank of Thailand (BOT) has successfully launched a new platform leveraging blockchain technology for government savings bond issuance.

The Hanoi Stock Exchange (HNX) has issued a new rule to run the corporate bond portal to publicise bond deals and give investors more news about the market.