Decree on private issuance of corporate bonds to be revised: Official
The Ministry of Finance has conducted procedures to adjust and supplement the Government’s Decree 65 regarding the private issuance of corporate bonds, Deputy Minister Nguyen Duc Chi said at a government regular press conference in Hanoi on February 2.
Deputy Minister of Finance Nguyen Duc Chi speaks at the press conference. (Photo: VNA)
Hanoi(VNA) – The Ministry of Finance has conducted procedures to adjust andsupplement the Government’s Decree 65 regarding the private issuance of corporatebonds, Deputy Minister Nguyen Duc Chi said at a government regular pressconference in Hanoi on February 2.
Chi said that theministry has so far completed the impact assessment process and consulted withministries, sectors, organisations and experts, including international organisations.
It has also requestedfor the Ministry of Justice’s verification, and finalising a draftdecree on the adjustments and supplements to a number of contents of Decree 65, he said, adding that the draft decree isscheduled to be submitted to the Government next week.
Chi underlined thatthe adjustments and supplements of the decree aim to ensure that theregulations suit the reality, reinforcing the market confidence and creatingfavourable conditions for issuers, and protecting the legitimate rights andinterests of investors in the corporate bond market./.
The Ministry of Finance (MoF) has just submitted to the Government a draft decree on trading private placement of corporate bonds in the domestic market and offering bonds to international markets.
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The Ministry of Finance (MoF) is coordinating with ministries and agencies to assess the market situation to consider and submit to the Government amendments and supplements of a number of articles of the decree on offering and trading private placement corporate bonds in the domestic and foreign markets.
In response to lawmakers' invitation to comment, the Vietnam Chamber of Commerce and Industry (VCCI) has recently presented its views and suggestions to the draft amending Decree No 65 on corporate bonds.
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Deputy Minister of Finance Nguyen Duc Chi speaks at the press conference. (Photo: VNA) 
