The government has given local authorities more power to watch over bond issuers. They must follow new rules and be more transparent.

Local authorities will report to the Ministry of Finance about bond issuers.

A vice chairman said the new rules give local authorities more power to supervise and handle problems. This can help identify issues early.

Being close to businesses helps regulators find problems early and work with central authorities.

There are now many layers of oversight, including checking information and enforcing rules.

Local reports will give the Ministry of Finance more data on the market.

The vice chairman said the new rules won't cause confusion because each authority has clear responsibilities.

A senior director said new rules clarify the roles of everyone in the corporate bond market.

Clearer responsibilities will improve the market's transparency and professionalism.

The senior director also said local authorities' participation will improve supervision and coordination.

Issuers must now follow rules and be transparent throughout the bond's life.

The new rules include a limit on debt to prevent financial risks.

Companies are responsible for their debt, and investors must do their own research.

The corporate bond market is growing again with stronger supervision.

In the first half of the year, companies issued nearly 273.5 trillion VND in bonds.

Real estate and banks issued the most bonds.

However, companies still face pressure to repay their debts.

Many bonds will mature in the third quarter, with real estate bonds making up the largest part.

Some bonds are facing delayed payments, which is a concern.

A head of investment advisory said companies still need funding, but traditional channels are under pressure.

Banks are using short-term funds for long-term lending, which is not ideal.

Recent policy changes focus on improving transparency in bond offerings.

More transparency could help companies get better access to long-term financing.