Deputy Minister of Finance informed about mobilizing 1 million billion VND in bonds, capital for the economy

trái phiếu - Ảnh 1. — Deputy Minister of Finance Nguyen Duc Chi - Photo: HONG QUANG

At the press conference, the press asked questions about solutions for capital mobilization channels such as issuing shares on the stock market and corporate bonds, helping to restructure the capital market and making these channels the pillars of the economy ?

Shorten time and procedures in the IPO process

Responding, Mr. Nguyen Duc Chi - Deputy Minister of Finance - said that the strategy for developing the capital market in the stock market until 2030 was approved by the Prime Minister , identifying the goal of mobilizing the capital market in the stock market to become the main and important general and long-term capital mobilization channel of the economy.

Therefore, the Ministry of Finance has implemented many synchronous solutions towards market development. Over the past time, especially in 2025, the Ministry has carried out many practical activities in the stock market and capital market.

It is a push to consider upgrading the stock market from frontier market to emerging market. The Ministry of Finance also held a conference to evaluate the bond market in 2025, pointing out the situation and bottlenecks, issues that need to be resolved and proposing solutions.

According to Mr. Chi, the stock market and developed securities market will create a good foundation for businesses that need to raise capital and issue IPO shares on the stock market.

Therefore, the Ministry of Finance also reported to the Government to issue a decree amending and supplementing Decree 155, creating very favorable conditions for businesses when conducting IPOs associated with listing shares on the stock market.

In particular, the contents related to administrative procedures will be shortened. For example, after the IPO, the enterprise will have to review the financial report, which normally takes about 3-6 months, but with the new regulation, it will be reduced to 30 days.

This creates very favorable conditions for businesses to IPO shares on the market and link them to listing, creating motivation for businesses. At the same time, reducing the time will help attract many investors to invest in IPO shares, which has a great effect on businesses issuing shares on the market, mobilizing capital for production and business.

Regulatory improvements to ensure quality bond issuance

Regarding the bond market, Mr. Chi said that the plan to issue government bonds is to issue about VND500,000 billion in 2025. The corporate bond market, both public and private, when the market recovers, will issue another VND500,000 billion, meaning the total market size will be VND1 million billion.

However, Mr. Chi said that the size of this market does not really correspond to the potential and capital mobilization requirements for both the Government and enterprises for 2026 and the following years. Therefore, the Ministry of Finance proposed a fundamental solution to develop the market, creating conditions for the Government and enterprises to mobilize bonds in the capital market.

In particular, the Securities Law 2024 has amended and supplemented regulations related to bond issuance, associated with investors when investing in corporate bonds. To implement the law, the Ministry is drafting a Government decree guiding the implementation and seeking opinions from relevant agencies, ministries and sectors and affected subjects for acceptance.

The content will focus on improving procedures, clarifying regulations related to issuers, ensuring the quality of issued bonds. At the same time, the ministry will clearly stipulate the criteria for each investor participating in each type of bond, build a process of inspection, review and ensure safety and transparency.

The Ministry of Finance will report to the Government on this issue in the coming time, expecting the stock and bond markets to grow strongly in 2026, meeting the capital mobilization target, sharing part of the credit channel with the commercial banking channel, ensuring transparency, safety and sustainability of the capital market.

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Source: https://tuoitre.vn/thu-truong-bo-tai-chinh-thong-tin-ve-viec-huy-dong-1-trieu-ti-dong-trai-phieu-von-cho-nen-kinh-te-20251108160841913.htm