Contribute to completing the draft Decree on offering and trading corporate bonds

Overview of the Workshop. (Photo: MINH PHUONG)

Attending the event were Vice Chairman of the State Securities Commission Hoang Van Thu; representatives of ministries, departments, branches, Vietnam Stock Exchange, Vietnam Securities Depository and Clearing Corporation; representatives of departments, associations and about 200 delegates from issuing enterprises, securities companies, fund management companies, auditing companies and credit rating organizations.

Chairwoman of the State Securities Commission Vu Thi Chan Phuong delivered the opening speech at the Workshop. (Photo: BAO MINH)

In her opening speech, Chairwoman of the State Securities Commission Vu Thi Chan Phuong stated that the corporate bond market has recently affirmed its important role in mobilizing capital for the economy, and has always received attention from the Government and the Ministry of Finance , directing the completion of the legal framework towards transparency and sustainability.

The stock market development strategy until 2030 aims to bring the scale of corporate bond outstanding debt to at least 25% of GDP, develop in a safe and in-depth direction, in accordance with international practices, promote the application of credit ratings and ESG standards.

In the context that the Government sets a GDP growth target of 10% or more in 2026 and maintains double digits in the following years, the Chairman of the State Securities Commission emphasized that mobilizing capital resources, including the corporate bond market, plays an extremely necessary role. This draft Decree aims to create a transparent legal corridor, promote sustainable market development, and ensure investors' rights.

At the workshop, Chief Inspector of State Securities Pham Thi Thanh Huong presented the basic contents of the draft Decree, focusing on perfecting the legal system, increasing transparency, clearly defining the responsibilities of the subjects, promoting decentralization of supervision to localities, tightening financial safety conditions but simplifying administrative procedures.

Delegates representing issuing enterprises and service providers such as Deo Ca Group Joint Stock Company, Vietnam Joint Stock Commercial Bank for Industry and Trade, DNSE Securities Joint Stock Company, EY Vietnam Limited Liability Company, etc. discussed and contributed many practical ideas, focusing on content that has a direct impact on issuance, supervision and market consulting activities.

Representatives of the State Securities Commission also directly answered questions of concern to delegates, clarifying many draft contents to help units grasp the correct spirit of policy making.

In his closing speech, Vice Chairman of the State Securities Commission Hoang Van Thu acknowledged and highly appreciated the delegates' frank and responsible opinions.

The Vice Chairman affirmed that this is an important source of information to help the State Securities Commission complete the draft Decree, ensuring it is consistent with market development goals and meets the legitimate needs of businesses.

The State Securities Commission hopes that the business community will continue to accompany the management agency in the process of perfecting policies, contributing to the development of the corporate bond market according to the Government's orientation.

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Source: https://nhandan.vn/gop-y-hoan-thien-du-thao-nghi-dinh-ve-chao-ban-giao-dich-trai-phieu-doanh-nghiep-post928986.html