(Engineering Daily) Nguyen Anh Duong = The Vietnamese bond market has maintained a steady growth.
ADB(Asian development bank) said the Vietnamese bond market grew 2.6% on-quarter in the 2nd quarter.
As a result, the size of Vietnam's domestic currency bonds will hit $52.9 billion.
The move is attributed to the government bond market, which grew 3.2% to $48 billion despite a 3.4% contraction in the corporate bond market.
The results, meanwhile, give a boost to forecasts that the Vietnamese economy will continue to grow for the time being despite trade disputes between the U.S. and China.