The rise reflected the shift in supply and demand in the primary market and shows that the expectation of interest rate hikes is gradually becoming more evident in bond valuations.
Since July 1, 2025, when district-level administrative units stopped operating, the national business registration system for enterprises, household businesses and cooperatives has been running under the rules of the two-tier local administration model.
One of the programme’s key targets is that by 2030, all government agencies and state-owned enterprises, 70 per cent of private businesses and over 50 per cent of the population will be using cloud computing services provided by domestic enterprises.
In the first two months of the year, government bond issuances through HNX auctions reached VNĐ45.11 trillion, fulfilling 41 per cent of the first-quarter target and 9 per cent of the annual plan for 2025.
SMEs now account for over 95 per cent of the total enterprises in Việt Nam. They also recruit 51 per cent of the social workforce, contributing more than 40 per cent of GDP and 30 per cent of total state budget revenue.
The State Treasury mobilised nearly VNĐ22.75 trillion (US$894.52 million) worth of Government bonds in April via 17 auctions on the Hanoi Stock Exchange (HNX).
The Government has initiated a project to build one million social housing apartments for low-income individuals and workers in industrial parks by 2030.