Mr. Don Lambert, Head of the Private Sector Development Department at the Asian Development Bank (ADB) in Vietnam, told the “Development of the corporate bond market - Trust and responsibility” seminar on September 13 that Vietnam’s capital market has developed rapidly and is expected to grow further in the future. He also said that the development of credit rating agencies and the bond market are not synchronized and the country needs more of the former.
Regional S&P representative suggests that developing a safe, sustainable, transparent, and efficient capital market be one of the government’s top priorities in the national financial development strategy.