VBMA sent a report to the Ministry of Finance on the performance of the assigned tasks and a Letter of comments on the Draft Report on Evaluation and Implementation of the Bond Market Development Roadmap for the period 2017-2020 – Objectives and solutions for developing the bond market in the 2021-2025 period
According to Decision No. 1191/QD-TTg of the Prime Minister dated August 14, 2017 approving the roadmap for developing bond market for the period of 2017-2020, with a vision to 2030, VBMA focused on implementing the assigned tasks in the roadmap and sent a report to the Ministry of Finance on the performance of the tasks:
1. Organizing periodic dialogues between state management agencies and market members to exchange ideas and agree on solutions to develop the bond market.
2. Training and requiring market members to strictly comply with regulations when participating in the bond market.
3. Issuing handbooks on bond issuance in order to provide knowledge for issuers when raising capital in the bond market.
4. Supporting the Ministry of Finance to upgrade and complete the information site on the bond market in the direction of publicity and transparency of policies, plans, issuance schedule, issuance results, supporting investors to analyze and learn about investment opportunities in the bond market.
5. Completing and promulgating standards on bond market development such as standards of ethics, transactions, methods for corporate bond issuance, sample prospectus on the basis of conformity with the regulatory framework aiming to unify the methods of price calculation, quotation and the way to conduct transactions in the market.
VBMA also sought members’ comments on the Draft Report on Evaluation and Implementation of the Bond Market Development Roadmap for the period 2017-2020 – Objectives and solutions for developing the bond market in the 2021-2025 period. After reviewing and synthesizing comments from members, VBMA sent a Letter of comments and suggestions on a number of important issues in the Draft to the Ministry of Finance.
