On April 4, 2025, at the headquarters of the State Treasury (S treasury), Deputy Director of the S treasury Department Nguyen Manh Cuong chaired a working session with the working delegation of the Embassy of Japan led by Mr. Hidaka Yoshihito - First Secretary, Economic Department, Embassy of Japan.
Attending the meeting, on the side of the Ministry of Finance, there were representatives of leaders and experts of the State Budget Department, Departments of Financial Institutions, Department of Debt Management and Foreign Economic, Department of Management, Accounting and Auditing; The State Treasury has representatives of leaders and experts of the Budget Management Board, Accounting Board, Office to continue to join the delegation.
Speaking at the meeting, Deputy Director of the State Bank of Vietnam Nguyen Manh Cuong welcomed Mr. Hidaka Yoshihito - First Secretary and the working delegation of the Embassy of Japan to visit and work with the State Bank of Vietnam to learn about information related to the payment of government bonds (GBSP) of Vietnam.
The Deputy Director stated that the cooperation relationship between the Japanese government and the Government and the Ministry of Finance of Vietnam in general, as well as the Vietnam State Treasury in particular, has had traditions for many years and achieved practical effects. The State Treasury is always ready to share financial management mechanisms, government bond management with the Japanese Embassy and wish to receive the sharing of experiences from the Embassy so that Vietnam has more lessons in the management of bond market and public debt.
At the meeting, the two sides exchanged information related to the mechanism for developing a plan to pay principal and interest, capital sources for payment of due TPCP; regulations on payment of TPCP, the mechanism for monitoring bond codes mobilized in the TPCP market and accounting regimes related to payment of TPCP.
Mr. Hidaka Yoshihito - First Secretary, Embassy of Japan, expressed his gratitude for the warm welcome of the Vietnam People's Army. He hopes to continue working with the Ministry of Finance and the State Bank of Vietnam in the coming time to exchange and share information about the TPCP market of Vietnam and Japan.
Deputy Director of the State Bank of Vietnam Nguyen Manh Cuong thanked Mr. Hidaka Yoshihito - First Secretary and Embassy of Japan for their interest in the VietnamesePCP market. The Deputy Director said that the Ministry of Finance has also re-evaluated the TPCP market after 15 years of development and assessed that the market has made great strides through monthly issuance, especially electronic issuance.
Since 2019, the government bond has been conducted electronic bidding, but the scale is still modest. In the coming time, the State Treasury will continue to research and report to the Government and the Ministry of Finance for the development of the bond market, contributing to the implementation of socio -economic development goals, and maintaining a sustainable public debt. Deputy Director on behalf of the Board of Directors of the State Treasury would like to thank and express their wishes in the coming time, the Japanese Government will continue to pay attention to Vietnam in general and the Ministry of Finance of Vietnam in particular to promote the development of Vietnam's financial market.
