Hanoi, Aug. 10 -- Minister of Finance Ho Duc Phoc has responded in writing to a NA delegate of Lam Dong province on issues related to the management of capital, stock and bond markets.

Minister Phoc said that the capital market's growth rate was over 28.5% a year in 2016-2021, while the stock and corporate bond market s grew over 30% a year. This gradually narrowed the gaps between these markets with the bank credit market and balanced them.

Total capital mobilisation in the capital market, including the issuance of stocks, bonds, and equitisation auctions in 2021, reached over 1.12 quadrillion VND, equivalent to 38.7% of the total investment capital of the whole economy.

The Ministry of Finance (MoF) assessed that the capital market h...