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Contents INTRODUCTION 2 CORPORATE BONDS - THE BASIC KNOWLEDGE 3 1. Concept of corporate bonds 3 1.1 Definition 3 1.2 Features 3 2. Risks and credit ratings 5 2.1 Risks 5 2.2 Credit ratings 6 CORPORATE BONDS - NECESSARY FOR THE ECONOMY 8 1. Corporate bonds in the world's market 8 1.1 Corporate Bond Market at a glance 8 1.2 Bond performance on major markets 10 2. The role of corporate bonds 10 2.1 What do investors benefit from corporate bonds? 11 2.2 What do issuers benefit from corporate bonds? 12 2.3 What happens to an under-developed corporate bond market? 13 CORPORATE BONDS IN VIETNAM 17 1. Vietnamese corporate bonds background 17 1.1 Market overview 17 1.2 Have a look at Vietnam's corporate bonds 17 2. The necessity of corporate bonds on Vietnam's market 20 3. Action needed 21 APPENDIX 23 CONCLUSION 26 INTRODUCTION The 21st century witnesses the growth of the world's economy accompanied by the development of monetary and financial markets. People seem more involved in investing their money, at the same time, enterprises/ also try to seek more efficient capital channels to finance their performance. The first thing that comes to most people's minds when they...

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