Credit rating activities play a pivotal role in developing the corporate bond market, according to domestic and foreign experts at an online workshop, co-hosted by VnEconomy/ Vietnam Economics Times, Moody’s Ratings and VIS Rating on May 17 afternoon.

Developing the corporate bond market - an effective long-term capital raising channel for businesses and an attractive investment channel to investors – needs not only completing mechanisms and policies to monitor and manage the market but also credit rating activities, they said.

The workshop, themed  “Developing the corporate bond market by 2030: A perspective from credit ratings”, is aimed at sharing and applying international experience to developing the corporate bond market with the aim of raising the market size to at least 25% of the GDP by 2030.

The event focuses on analyzing the development of the Vietnamese corporate bond market and experience from regional countries in promoting the market; and on developing the Green, Social and Sustainability (GSS) bond market in order to seek measures to boost sustainable financial activities in Vietnam.