The Ministry of Finance (MOF) has recently submitted to the Government a draft decree to amend Decree 65 on private placement of corporate bonds in the domestic market and bond offering in the international market.

The Government on September 16 issued Decree 65, revising a number of articles of Decree 153, on private placement and trading of privately placed corporate bonds in the domestic market and offering of corporate bonds to the international market. This is expected to create a healthier corporate bond market for both bond issuers and investors.

The Ministry of Finance is revising Decree 163 of 2018, proposing tightening conditions for private placement of corporate bonds, with a view to better protecting investors, especially small investors, and avoiding risks in raising capital through this channel.

approving the bond market development roadmap during 2017-2020, with a vision toward 2030