Research and News
FiinRatings is pleased to announce Vietnam Corporate Bond Market Report – January 2024. Below are the key highlights in our report:
Hanoi, 26 June 2023 – On 15 May 2023, the Government of Vietnam issued the long-awaited National Power Development Plan for 2021 – 2030, with a vision to 2050 ("PDP8") after multiple drafts and revisions. While PDP8 provides a master plan and lays the foundation for implementing the country's electricity development projects, including renewable energy, there is still a long way to go in providing further implementation guidance.
We pleased to give commentaries about the corporate bond default in Vietnam based on our study about this matter. We wish to bring most up-to-date analysis and data-driven commentaries about the scale the issue and possible spillovers to the capital market and the banking sector in particular.
In this Market Commentary #3, we aim to provide assessments of the impacts of Decree 65 on the market on the following main changes
The size of the corporate bond market is estimated at some VND1,374 trillion, equivalent to 15 percent of GDP. The government aims to raise this figure to 20 percent by 2025