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Tax's Implications on Vietnam's Bond Market

Through the long process of formation and development, the bond market in Vietnam has been growing in both depth and scale, proving its role as a medium for long-term capital mobilization, in the economy, as well as addressing the shortfall of the State budget.

Currently, there are four types of bonds issued and traded on Vietnam’s bond market, including:

  • Government bonds
  • Government guaranteed bonds
  • Municipal bonds
  • Corporate bonds

Recently, Vietnam has become an attractive market for foreign organizations choosing to follow the indirect investment through bonds, rather than being shareholders to ensure their benefit (i.e. fixed interest payment regardless of the financial status of the investee entities).

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