VBMA had a meeting with representatives of KPMG to assess CGIF's performance in Vietnam corporate bond market
17/06/2021
On May 28, Vietnam Bond Market Association VBMA had an open and frank meeting with KPMG's representatives to evaluate CFIG's activities in Vietnam bond corporate market and achievements.
Compared to other countries in the region, Vietnam corporate bond market size is relatively small, with limitted shared information and little transparency. However, in recent years, with the active support from CGIF, Vietnam corporate bond market has developed rapidly and steadily with a growth rate of around 30% per year to reach a total value of approximately $4bn at the end of last year.
The continuing support and coordination of reputable partners on credit rating and bonds guaratee will be the perfect stepping stone for the Vietnam corporate bond market to exponentially develope, providing more funding solutions to companies which are heavily dependent on bank loans.