More than VND258.5 trillion ($10.8 billion) worth of corporate bonds were issued in 2022, according to the Vietnam Bond Market Association (VBMA).

The banking sector led the market by issuing bonds with a total value of more than VND136.7 trillion ($5.74 billion).

It was followed by real estate with nearly VND52 trillion ($2.18 billion) issued by property companies.

More than VND289.8 trillion ($12.17 billion) worth of bonds will mature this year, including over VND119 trillion ($5 billion) worth of real estate corporate bonds, according to the VBMA.

The Prime Minister recently issued a Resolution on the socio-economic development plan, in which one of priorities is to promote restructuring to improve the operational efficiency of monetary, securities, corporate bond, and real estate markets this year.