Under a deal signed yesterday, the corporation will provide the centre with practices which will help it improve information disclosure and transparency in the bond market and the newly organized equity market for unlisted public companies.

"We expect to obtain valuable knowledge from the corporation's financial experts and specialists to improve the market regulations and supervision and to apply best operational practices, especially in Government bond trading and upcoming unlisted public company market," said centre managing director Tran Van Dung.

Corporation head of advisory services for the Mekong region Nguyen Phuong Quynh Trang said the project emphasized the development of bond market to tap more local funding as a response to the world crisis.

"Given the scarcity of foreign funds, increasing transparency and introducing global best practices to strengthen the bond and equity markets will help better position Viet Nam's private sector for attracting investors," Trang said.

Up to March, 533 kinds of Government bonds were brought to list and trade in the centre with a total value of VND167.07 trillion (US$9.5 billion).

Source: Vietnam News