How will businesses address their capital challenges in the next phase of growth?

10:19 30/03/2026

FiinGroup

Following GDP growth of 8.02% in 2025, Vietnam is aiming to enter a new phase of stronger economic expansion, with a target of double-digit growth from 2026 onward. Achieving this ambition will require substantial long-term investment capital across multiple sectors, making the corporate bond market an increasingly important channel for long-term financing.

This need arises at a time when the banking system’s capacity to provide long-term credit is becoming more constrained. Nearly 90% of banks’ funding sources are short-term, while almost half of outstanding loans are medium- to long-term. This structural mismatch limits the banking system’s ability to further expand long-term lending in the future.

Vietnam’s corporate bond marketshowed signs of recovery in 2025, with VND 644 trillion in new issuances, representing a 32% year-on-year increase. However, issuance remains highly concentrated: commercial banks accounted for approximately 70% of total issuance, while private placements continued to dominate the market, representing more than 90% of total issuance volume.

Against this backdrop, many businesses are increasingly raising strategic questions regarding their capital strategies:

  • How can companies diversify their funding sourcesas bank lending becomes more cautious?

  • In an environment of volatile interest rates, what capital strategies can help businesses maintain a reasonable cost of capital?

  • What role can the corporate bond market play in expanding long-term financing channels for the corporate sector?

These issues will be explored at the Vietnam Corporate Bond Market Forum 2026, which will bring together international experts, policymakers, financial institutions, corporate issuers, and institutional investors from Vietnam and abroad.



Notably, with the participation of S&P Global Ratings and FiinRatings, the forum will provide international perspectives on credit pricing, credit rating standards, and the development of corporate bond markets across different economies.

The discussion sessions will also focus on solutions to help businesses diversify funding sources, enhance financial transparency, and access the bond market more sustainably, while contributing to the development of Vietnam’s corporate bond market toward greater transparency, efficiency, and deeper market development participation in the years ahead.

Event Details:

📅 Date:Thursday, April 2, 2026

- Morning session:8:00 AM - 12:00 PM ICT | Topic: Market Perspectives and Strategic Outlook

- Afternoon session: 01:45 PM - 05:00 PM ICT | Topic: Market Infrastructure and Enablers

📍 Venue:Meliá Hanoi Hotel, 44B Ly Thuong Kiet, Hoan Kiem, Hanoi 

👉EXPLORE AND REGISTER NOW

*Note: Seating is limited to ensure high-quality discussion. Early registration is highly recommended.

CÔNG TY CỔ PHẦN FIINRATINGS
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