Vietnam Debt Capital Market Forum 2025:
Financing the Private Sector for a New Era of Growth
Building on the success of the Vietnam Debt Capital Market Forum 2024, FiinRatings – A Strategic Partner
of S&P Global – is pleased to co-host the upcoming event in collaboration with the Credit Guarantee and
Investment Facility (CGIF), a trust fund of the Asian Development Bank (ADB): “Vietnam Debt Capital Market Forum 2025:
Financing the Private Sector for a New Era of Growth”.
As Resolution No. 68-NQ/TW positions the private sector as a key driver of economic growth,
the expansion of medium- and long-term funding channels beyond the banking system is now recognized
as a strategic imperative. New regulations on credit ratings, private placements, and information transparency
are gradually shaping a more standardized and sustainable capital market.
Vietnam Capital Market Forum 2025 is a high-level platform gathering policymakers, investors, issuers,
and both domestic and international experts to exchange insights and co-develop solutions for advancing
Vietnam’s debt capital market in a more sound, efficient, and sustainable manner. The event also aims to
strengthen the financial capacity and resilience of Vietnamese enterprises, contributing to the realization
of Vietnam’s economic growth objectives in this new era of growth.
Time: 8:00 AM – 12:00 PM ICT, Friday, August 22, 2025
Venue: Sofitel Saigon Plaza Hotel, Ho Chi Minh City, Vietnam
Vietnam Debt Capital Market Forum 2025:
Financing the Private Sector for a New Era of Growth
Building on the success of the Vietnam Debt Capital Market Forum 2024, FiinRatings – A Strategic Partner
of S&P Global – is pleased to co-host the upcoming event in collaboration with the Credit Guarantee and
Investment Facility (CGIF), a trust fund of the Asian Development Bank (ADB): “Vietnam Debt Capital Market Forum 2025:
Financing the Private Sector for a New Era of Growth”.
As Resolution No. 68-NQ/TW positions the private sector as a key driver of economic growth,
the expansion of medium- and long-term funding channels beyond the banking system is now recognized
as a strategic imperative. New regulations on credit ratings, private placements, and information transparency
are gradually shaping a more standardized and sustainable capital market.
Vietnam Capital Market Forum 2025 is a high-level platform gathering policymakers, investors, issuers,
and both domestic and international experts to exchange insights and co-develop solutions for advancing
Vietnam’s debt capital market in a more sound, efficient, and sustainable manner. The event also aims to
strengthen the financial capacity and resilience of Vietnamese enterprises, contributing to the realization
of Vietnam’s economic growth objectives in this new era of growth.
Time: 8:00 AM – 12:00 PM ICT, Friday, August 22, 2025
Venue: Sofitel Saigon Plaza Hotel, Ho Chi Minh City, Vietnam
This is a premier forum for issuers, investors, and key stakeholders in Vietnam’s capital market ecosystem. The event offers strategic insights, valuable networking opportunities, and actionable investment ideas in Vietnam’s new era of growth.
08:00 am ICT
Registration and Networking Session
08:30 am ICT
Welcome & Opening Remarks

Mr. Do Ngoc Quynh
Vice-Chairman, FiinRatings;
and General Secretary of Vietnam Bond Market Association
08:50 am ICT
Keynote Address

Mr. Bui Hoang Hai
Vice Chairman
State Securities Commission of Vietnam
09:00 am ICT
Keynote Presentation | A New CAPEX Growth Cycle by Private Sector and Investment Themes
- CAPEX investment and capital demand from key private sectors
- Current financial performance and credit capacity
- Key credit factors to consider and evaluate when investing in the private sector
- Suggestions for private enterprises to effectively leverage capital markets for growth in the New era

Mr. Le Hong Khang
Analytical Director
FiinRatings
09:15 am ICT
Fireside Chat | Unlocking Vietnam's Capital Market for Private Sector Growth
- Private enterprises vs. State-owned enterprises: Financial strengths across key sectors
- Strategies to expand the investor base in Vietnam’s capital market
- Advancing transparency and market infrastructure to support sustainable growth
- Solutions and products to help private enterprises raise capital effectively in the current context

Mr. Dominic Scriven
Founder & Chairman
Dragon Capital

Mr. Nguyen Quang Thuan
Chairman
FiinGroup & FiinRatings
09:45 am ICT
Presentation | Credit Guarantees as Way to Finance Private Sector Growth in the new Cycle
- Highlights in the process of expanding funding sources for Vietnam’s private enterprises
- The current state of Vietnam’s capital market through comparison with selected ASEAN countries
- Experience applying credit guarantees in ASEAN markets and lessons for Vietnam

Ms. Soleil Corpuz
Senior Research Analyst
CGIF
10:00 am ICT
Refreshment Break
10:20 am ICT
Fireside Chat | Does A Green Labelled Bond Really Mean Cheaper Cost of Capital?
- The Current State of Green Bonds in Vietnam
- The local taxonomy: How Vietnamese enterprises can best maximize the values in the capital market?
- Key findings from the first green bonds in Vietnam

Ms. Fonthip Yuthaseree
Sustainable Finance Expert/ Consultant
Asian Development Bank

Mr. Nguyen Tung Anh
Head of Credit Research and Sustainable Finance Services
FiinRatings
10:50 am ICT
Panel Discussion | Reforms and Beyond: Charting the Next Phase For Vietnam’s Corporate Bond Market
- Fundraising demand and challenges from issuers
- Investment demand and challenges from investors
- Regulatory and policy developments
- Enhancing transparency and governance to attract investors
- Solutions and products to help private enterprises raise capital effectively in the current context
Moderator

Mr. Le Hong Khang
Analytical Director
FiinRatings
Panelists

Mr. Saurabh Kumar
Head, S&SEA Debt Capital Markets
BNP Paribas

Mr. Nguyen Duc Hai
Managing Director, Head of Portfolio Management/Fixed Income
Manulife Investment Management (Vietnam)

Mr. Hoang Dinh Gia
Investment Specialist
CGIF

Representative of an Issuer
[TBC]
11:50 am ICT
Closing Remarks

Mr. Anuj Awasthi
Vice President, Operations
CGIF
12:00 m ICT
End of Event
08:00 – 08:30
Registration and Networking Session
08:30 – 08:50
Welcome & Opening Remarks

Mr. Do Ngoc Quynh
Vice-Chairman, FiinRatings; and General Secretary of Vietnam Bond Market Association
08:50 – 09:00
Keynote Address

Mr. Bui Hoang Hai
Vice Chairman
State Securities Commission of Vietnam
09:00 – 09:15
Keynote Presentation | A New CAPEX Growth Cycle by Private Sector and Investment Themes

Mr. Le Hong Khang
Analytical Director
FiinRatings
09:15 – 09:45
Fireside Chat | Unlocking Vietnam's Capital Market for Private Sector Growth

Mr. Dominic Scriven
Founder & Chairman
Dragon Capital

Mr. Nguyen Quang Thuan
Chairman
FiinGroup & FiinRatings
09:45 – 10:00
Presentation | Credit Guarantees as Way to Finance Private Sector Growth in the new Cycle

Ms. Soleil Corpuz
Senior Research Analyst
CGIF
10:00 – 10:20
Refreshment Break
10:20 – 10:50
Fireside Chat | Does A Green Labelled Bond Really Mean Cheaper Cost of Capital?

Ms. Fonthip Yuthaseree
Sustainable Finance Expert/ Consultant
Asian Development Bank

Mr. Nguyen Tung Anh
Head of Credit Research and Sustainable Finance Services
FiinRatings
10:50 – 11:50
Panel Discussion | Reforms and Beyond: Charting the Next Phase For Vietnam’s Corporate Bond Market
Moderator

Mr. Le Hong Khang
Analytical Director
FiinRatings
Panelists

Mr. Saurabh Kumar
Head, S&SEA Debt Capital Markets
BNP Paribas

Mr. Nguyen Duc Hai
Managing Director, Head of Portfolio Management/Fixed Income
Manulife Investment Management (Vietnam)

Mr. Hoang Dinh Gia
Investment Specialist
CGIF

Representative of an Issuer
[TBC]
11:50 – 12:00
Closing Remarks

Mr. Anuj Awasthi
Vice President, Operations
CGIF

Yes. You will receive an email acknowledging your registration submission, followed by a separate confirmation once it has been reviewed.
Ms. Uyen Nguyen - Public Relations Officer
Email: uyen.nguyenthanhxuan@fiingroup.vn
Phone number: (+84) 96 857 6814