A credible domestic rating agency is a critical missing jigsaw piece in the orderly development of a healthy sustainable bond market in Vietnam, stated the ADB.

For the act of abusing internal information to buy, sell stocks or manipulate the stock market, the fine is 10 times the illegal gained amount for organizations and five times such amount for individuals.

To address the overheated local corporate bond market, the MoF has proposed revising existing laws to differentiate between public offering and private placement for corporate bonds in terms of target buyers.