Customers visit a Vietcombank branch on Cat Linh Street in Hanoi. The bank is no longer a market maker in the local debt market from 2020. (Photo: vietnambiz)
Hanoi (VNA) - Thirteen commercial banks andsecurities firms will be allowed to join the debt market or Government bonds(G-bonds) market in Vietnam this year.
According to the Government’s Decree No. 95/2018/ NĐ-CP, three securities firms, nine commercial banks and a member company ofAgribank are identified as the market makers of government debt instruments,which are known as G-bonds, government-guaranteed bonds or Government notes.
Compared to 2019’s version, the new list saw theinclusion of Orient Commercial Joint Stock Bank (OCB) and removal of JointStock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), Lien VietPost Joint Stock Commercial Bank (LienVietPostBank) and Vietnam InternationalCommercial Joint Stock Bank (VIB).
According to the Ministry of Finance (MoF),market makers have to send yearly reports to the ministry for evaluationbetween November 1 and 10 every year. The ministry will assess the conditionsfor maintaining the market maker status and announce it before December 31every year. For market makers who did not meet the conditions, the MoF willsend them notices with reasons on why they were removed.
For the three banks removed from this year’slist, however, the MoF has not so far made an announcement.
Joining the G-bond market, market makers havethe right to participate in the issuance and repurchase of Government bonds andnotes by bidding, to be given priority as the main guarantee organisation forthe issuance of G-bonds and other government guaranteed bonds as well asGovernment debt swaps or repurchase agreements.
They can also participate in discussions andpolicy making of the bond market.
According to a recent report of the AsianDevelopment Bank (ADB), the local bond market has seen significant changes andsteady progress over the past 10 years, adding that Viet Nam’s bond and capitalmarkets have improved significantly as the government continues to initiatereforms and pass enabling legislation.
As of December 31, 2019, the total value ofG-bonds and other notes listed on the Hanoi Stock Exchange (HNX) reached morethan 1.15 quadrillion VND (49.45 billion USD)./.
Vietnam remained the smallest local currency bond market among nine economies of emerging East Asia, according to the latest edition of the Asian Development Bank’s (ADB) Asia Bond Monitor.
Debt trading among credit institutions and the Vietnam Asset Management Company (VAMC) has been conducted for years, but there have not been any debt trading activities among credit institutions.
Singapore and the US signed an agreement to strengthen cooperation in infrastructure finance and debt market development in Washington DC on October 16.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Customers visit a Vietcombank branch on Cat Linh Street in Hanoi. The bank is no longer a market maker in the local debt market from 2020. (Photo: vietnambiz) 
