Do Ngoc Quynh, general secretary of the Viet Nam Bond Market Association, spoke with the Vietnam News Agency about the mechanism''s inadequacies, credit ratings and information disclosure on the capital market.
Deputy Minister of Finance Tran Van Hieu urged measures to boost
the bond market at the third general assembly of the Viet Nam Bond
Market Association.
According to the State Bank of Viet Nam, banks'' credit grew by 2.93 per
cent between August 21 and September 30, meaning around VND61.66
trillion (US$2.90 billion) was pumped into the economy.
A new set of indices will be d for Government bonds, officials
announced at a meeting last week organised by the Ha Noi Stock Exchange,
the State Treasury and the Viet Nam Bond Market Association.