Prime Minister Pham Minh Chinh has asked that the Ministry of Finance (MoF) take measures to ensure the healthy, transparent, safe, and effective operations of Vietnam’s corporate bond market.

Under dispatch No. 1163/CD-TTg issued on December 13, he also instructed the MoF to protect the legitimate rights and interests of investors and relevant parties and to ensure security in the financial and monetary market.

The Prime Minister also asked it to quickly assess the repayment capacity of organizations issuing corporate bonds, particularly bonds with maturities in 2022 and 2023. He is to be notified of the results prior to December 20.

The ministry was also instructed to speed up State management on the issuance of corporate bonds to prevent abuse by related policies and other unhealthy practices, to ensure the safe, transparent, and sustainable operations of the market.