Research and News

March 2025 Bond Spotlight: Absence of New corporate bond issuances by Non-Financial Enterprises in the first Two months of 2025

28/03/2025

In the first two months of the year, the corporate bond market had a slow start, with only four issuance rounds recorded. Issuance activity, primarily driven by credit institutions, accounted for 94.6% of the total issued value. Notably, non-financial enterprises were completely absent from the market during this period, with no new issuances recorded. 


BondXpress 2024 Review and 2025 Outlook: Anticipating Breakthroughs from Non-Bank Bonds Driven by New Policies

06/02/2025

The corporate bond (C-bond) market in 2024 saw improvements in both issuance value and volume, primarily driven by credit institutions. The year also witnessed notable developments, reflecting the gradual enhancement of product quality. Furthermore, new regulations for both private placements and public offerings are expected to improve credit quality and foster investor confidence in the market. 


BondXpress November: More Diverse Issuance Structure and the Emergence of Green Bonds

27/11/2024

The corporate bond market in November recorded a more diverse issuance structure by sector. Meanwhile, the supply of privately placed corporate bonds could be significantly impacted in the near future if the Draft Amendment to the Securities Law is approved. Additionally, the market has witnessed the issuance of some green bonds by non-financial issuers this year.


FiinRatings Published Post-issuance Verification on BIDV’s Green Bond Allocation and Impact Report

04/11/2024

FiinRatings Joint Stock Company ("FiinRatings"), with the support of the World Bank, announces the completion of its external review of the Green Bond Allocation and Impact Report for Joint Stock Commercial Bank for Investment and Development of Vietnam ("BIDV")'s inaugural green bond issuance.


Bondxpress October: Prospects for the Corporate Bond Market in light of new regulations

17/10/2024

The issuance and buyback activities of non-financial enterprises remained subdued in September. However, factors such as the credit growth outlook and exchange rate movements will create opportunities for the recovery of non-bank corporate bonds in the final months of the year. Additionally, regulatory amendments are expected to bring both challenges and opportunities to the corporate bond market in the coming time.