The above information was given at the workshop "Vietnam's credit rating market, development orientation and potential", organized by the Ministry of Finance in coordination with the Asian Development Bank on the morning of November 12.
According to Ms. Pham Thi Thanh Tam, Deputy Director of the Department of Financial Institutions (Ministry of Finance), Vietnam's capital market is growing rapidly and playing an increasingly important role in attracting resources for development investment.
Along with the development of the capital market and corporate bond market, credit rating services (CRS) have been established since 2014.
The application of mandatory XHTN regulations to corporate bonds issued to the public will start from 2023 and to privately issued bonds from 2024.
The capital market and bond market are developing positively, especially after the Vietnamese stock market was upgraded to a secondary emerging market. In that context, the number of enterprises proactively using social media to announce their results to the market is increasing.
To date, more than 140 enterprises in the real estate, securities, and energy production sectors have been XHTN when offering bonds. In 2024, 216.6 trillion VND of bonds from 54 issuers were XHTN, accounting for 46.3% of the total issuance value for the year.
In the first 10 months of 2025, the value of bonds issued with XHTN reached 287.4 trillion VND, 2.1 times higher than the same period in 2024. By the end of October 2025, the total outstanding bonds of issuers with XHTN reached nearly 461 trillion VND, accounting for about 33.7% of the total outstanding corporate bonds in the whole market.
The workshop “Vietnam credit rating market, development orientation and potential” was held to disseminate regulations on mandatory credit rating for corporate bonds in Vietnam; listen to the sharing of best international practices to ensure quality of credit rating services and compliance with the law.
Based on the results of the workshop, the Ministry of Finance will continue to research and advise on perfecting the development orientation of the XHTN market so that this field can truly promote its role, towards a transparent, safe and sustainable capital market.
Source: https://hanoimoi.vn/hon-140-doanh-nghiep-duoc-xep-hang-tin-nhiem-khi-chao-ban-trai-phieu-722987.html
![Dong Nai OCOP transition: [Article 3] Linking tourism with OCOP product consumption](https://vphoto.vietnam.vn/thumb/402x226/vietnam/resource/IMAGE/2025/11/10/1762739199309_1324-2740-7_n-162543_981.jpeg)
Comment (0)