Systemic pressures and international standardsAccording to Hung, although credit institutions have made significant efforts to supply capital to the economy in recent years, continued over-dependence on bank loans will heighten liquidity risks. The role of "seed capital"Hung proposed strengthening the synergy and complementary relationship between state budget capital (via public investment) and bank credit. “State budget capital should function as ‘seed capital,’ working alongside bank credit to support enterprises. Shifting towards the bond marketIn this context, mobilizing capital through the bond market is seen as a vital long-term objective for sustainable development. Do Ngoc Quynh, Secretary General of the Vietnam Bond Market Association, noted that the market has expanded rapidly over the past decade.

Source: VietNamNet News January 08, 2026 01:03 UTC