Taking Stock of Vietnam's Government Bond Market Operation and Development Over 15 Years
06/12/2024

On December 5, 2024, in Hanoi, the leadership of the Vietnam Bond Market Association (VBMA) attended the “Conference on Taking Stock of Vietnam's Government Bond Market Operation and Development Over 15 Years” organized by the Ministry of Finance. The event aimed to assess achievements in the 15-year operation of the dedicated Government Bond (G-bond) market and outline its development direction toward 2030.
Mr. Vu Quang Dong, Vice Chairman of VBMA, participated in the panel discussion titled "The Government Bond Market: 15 Years - Achievements and Prospects".
Ms. Vo Dieu Thuy, Vice Chairwoman of VBMA, shared insights in a video clip commemorating the 15-year journey of the G-bond market. She highlighted the market's impressive growth over the past 15 years in terms of scale and depth, contributing to the supply of safe products and diversification of investment portfolios. Trading volume and frequency have significantly increased. The development of the repo market in recent years has provided market participants with opportunities to enhance business profits, diversify fundraising channels, and optimize capital efficiency, especially for short-term surplus funds.
Market information on G-bonds has been systematized and made transparent. Issuance plans are published, enabling participants to proactively manage their capital and market participation strategies. Secondary market transaction information is also easily accessible.
The legal framework has been improved with an open, public, and transparent mechanism, allowing VBMA members to contribute opinions during the drafting of legal documents. Challenges and obstacles are promptly addressed by regulators, creating optimal conditions for members to engage in the market.