On the afternoon of December 3, 2025, at the headquarters of the State Securities Commission (SSC), representatives of the Vietnam Bond Market Association (VBMA) held a working session with the SSC’s Drafting Committee regarding the Draft Decree on the management of private placement and trading of corporate bonds in the domestic market, as well as the offering of corporate bonds to international markets. The meeting was chaired by Mr. Hoang Van Thu, Vice Chairman of the State Securities Commission.

During the session, VBMA and its members presented comments and recommendations on various sections of the Draft Decree, covering issues such as: the purposes of bond issuance; management of proceeds from the offering; the use of temporarily idle funds; changes in the intended use of proceeds; interest rate determination; financial statements used for the issuance; issuance–supervision–inspection procedures; collateral assets and collateral management entities; information disclosure and provision requirements; and several other related matters.

Following this working session, VBMA will submit an official written opinion to the SSC regarding the Draft Decree and continue discussions with the Drafting Committee to support finalizing the document.