Studying the issuance of USD-denominated bonds to mobilize capital for national key projects

Resolution No. 273/NQ-CP of the Government, promulgated on September 9, 2026, sets out a number of important tasks for ministries and sectors, including the Ministry of Finance.

One of the notable tasks is to study and propose the issuance of USD-denominated bonds in order to mobilize capital for national key projects and works. The Ministry of Finance is required to report to the Prime Minister on this matter in September 2025.

Below are the specific tasks assigned to the Ministry of Finance under the Resolution:

• Finalization of the Scheme on State Economic Development: Take the lead and coordinate with relevant agencies and localities to finalize and submit this Scheme to competent authorities.

• Finalization of draft Decrees: Urgently finalize draft Decrees relating to the financial management mechanism for investment projects under the public-private partnership modality and the mechanism for payment and settlement of projects implemented under BT contracts. These drafts must be submitted to the Government prior to September 10, 2025.

• Upgrading the stock market: Promote the upgrading of the stock market from frontier market to emerging market status at the earliest possible time.

• Coordination in finalizing Decrees guiding Law No. 68/2025/QH15: Actively coordinate with the Ministry of Justice, the Government Office, and relevant state-owned enterprises to finalize and submit for promulgation these Decrees, ensuring both quality and progress in accordance with the instructions of the Government’s leadership.

• Addressing difficulties in the implementation of Resolution No. 253/NQ-CP: The Ministry of Finance must promptly provide guidance, resolve issues, or submit them to competent authorities for consideration and direction in the course of implementing Resolution No. 253/NQ-CP dated August 26, 2025.

• Plan on combating smuggling, trade fraud, and counterfeit goods: Urgently submit this Plan to competent authorities and propose the consolidation of the National Steering Committee 389.

• Resolving difficulties and problems in backlogged projects: Enhance the activities of the Steering Committee 751 to effectively, feasibly, and definitively resolve existing issues, thereby expediting the completion and commissioning of backlogged projects and works.