Completing the legal framework for the corporate bond market plays an important role in balancing stronger market discipline and transparency with the need to facilitate legitimate and effective fundraising activities of businesses, according to Nguyen Hoang Duong, Vice Chairman of the State Securities Commission.
The Ministry of Finance and the Asian Development Bank (ADB) co-hosted a workshop titled “Vietnam’s Credit Rating Market: Orientation and Development Potential” in Hanoi on November 12, to discuss Vietnam’s credit rating market, new regulations, and its role in the capital market.
The centre will be directly overseen by State agencies and tasked with verifying the validity of real estate projects, connecting public data sources and streamlining property transactions to ensure the market transparency.
Property prices have been on the rise, causing economists and industry insiders to support stronger tax measures to keep prices in check while urging caution in their implementation.
