Ensuring interests of investors

	SBV collaborates with authorities to protect investors
	Non-professional investors restricted from accessing private corporate bonds
	Building a trust mechanism and risk treatment tool for the corporate bond market

The Ministry of Finance will actively supervise the market and promote transparency to ensure the interests of investors.

Assessing macroeconomics in the past nine months, Finance Minister Ho Duc Phoc said that the macroeconomic indicators have been growing and are expected at a growth of approximately 7%.

Besides, State budget revenue to this time reached 95.5%; CPI rose by 2.58%, lower than the target of 4% assigned by the National Assembly; public debt was about 44%, controlled at a safe level, within the level of 60% assigned by the National Assembly and the warning threshold of 55%, the payment limit was less than 25% of the total state budget revenue; while the budget deficit was restrained at less than 4%.

"It can be said that we have completed the assigned tasks of macroeconomics and public debt management this year," said Minister Ho Duc Phoc.

Regarding the exchange rate, when the FED raises the interest rate of the USD, it will affect the import and export and the USD/VND exchange rate. However, the Minister said that in the structure of public debt, the USD only accounts for 13.5% and in the structure of import and export, the dollar accounts for about 29%.

“So, after restructuring public debt, we save about VND57 trillion. In addition, this is also an opportunity for us to strengthen exports, develop production and business, and control inflation. Thus, we will promote socio-economic development and curb inflation in the most effective way. The current VND is still a good value currency,” said the minister.

Regarding the recent complicated developments in the bond market, some business owners were arrested, affecting the interests of investors and the solutions offered by the Ministry of Finance to stabilize the market to protect investors' interests and build a healthy corporate bond market, the Minister of Finance said the Ministry of Finance has advised the Government to issue Decree 65/2022/ND-CP amending and supplementing a number of articles of Decree 153/2020/ND-CP on offering and trading private corporate bonds to the domestic market and offering corporate bonds to international markets.

"We see that, with the development of the macroeconomy, our financial market is still a good one," the Minister affirmed.

According to the Minister, recently, a number of securities companies have violated the law by providing misleading information to customers and have been criminally sanctioned. The investors' interests have been strictly ensured because those who guarantee the interests of investors are the issuers.

Listed companies honoured for best investor relations

“When securities companies providing advisory and issuance services were sanctioned, we worked with issuers to ensure the interests of investors. The issuers have all committed to paying on time the bonds that are due. We will actively supervise the market and promote transparency to ensure the interests of investors,” said Minister Ho Duc Phoc.