The risk of corporate bond defaults will keep increasing unless legal loopholes in the market are plugged, according to experts.
Shares finished higher during the final trading session prior to Tết holiday on Friday, propped up by the growth of the banking and textile stocks.
Vietnamese shares declined on Wednesday, dragged by market heavyweights as selling pressure increased significantly towards the closing minutes of trading.
Shares ended higher on Wednesday thanks to the growth of the banking stock group but liquidity remained at a low level as investors held back from making further purchases ahead of the Tết holiday.
Bancassurance activities will have to strictly comply with the provisions of the Law on Insurance Business, according to the State Bank of Vietnam (SBV).
Vietnamese shares on Tuesday reclaimed ground lost in the previous day's sharp sell-off as large-caps were picked up by bargain-hunters.