Viet Nam has done well in the fight against covid and with economic recovery so far. However, the global context will affect the economic growth rate in Viet Nam in the coming period. On November 22nd, 2022, UNDP and the National Center for Information and Forecasting, Ministry of Planning and Investment (NCIF-MPI) held Vietnam Economic Pulse 2022 Forum to discuss how the current global economic outlook affects short, medium and long-term economic growth.
On the Forum, Mr. Nguyen Quang Thuan, CEO of FiinRatings, and panelists discussed economic impact from different perspectives: manufacturing, financial market, labour market and productivity, macroeconomics, digital, and energy. Also, they put forward options for sustaining recovery in the short and medium term and achieving high growth in the long term.
Mr. Thuan had a presentation on Vietnam Corporate Bond Market: The Need for “A Visible and Strong Hand” and delivered some policy recommendations as below:
For short-term/ immediate actions: special review on major issuers with large exposure to individual bondholders; real estate credit program; stimulating the public offering bonds, and stronger messages from the Government to restore debt market confidence.
For medium-term actions: enhancing information transparency; launching a centralized secondary market by June 2023 as required under Decree 65; market education; expanding investor base and green credits.
See more details on Mr. Nguyen Quang Thuan’s presentation HERE
You can refer to the Forum deck for details HERE
Revisit the forum anytime HERE