According to the approved plan, the bonds will be denominated in US dollars, non-convertible, unsecured, and issued without warrants. They will constitute direct debt obligations of the issuer with a tenor of five years and a maximum nominal interest rate of 5.75% per annum.

The total issuance volume will be capped at 1,750 bonds, each with a face value of US$200,000. Bondholders will have the option to receive shares of Vinpearl, a hospitality and resort subsidiary within Vingroup’s ecosystem.

The bonds are expected to be listed on the Multilateral Trading System operated by the Vienna Stock Exchange. The offering will not be conducted or listed in Vietnam.

This will not be Vingroup’s first international bond issuance. In late 2025, the group successfully raised US$325 million through a five-year bond issuance listed in Vienna, carrying a 5.5% annual interest rate and structured with a share option linked to Vinpearl.

The planned transaction underscores Vingroup’s continued access to international capital markets and its strategy to diversify funding sources amid expanding operations across real estate, industrials, technology, mobility and hospitality.

In 2025, Vingroup reported consolidated net revenue of VND332.77 trillion, up 76% year on year, the highest level in its history. The result made Vingroup the first private Vietnamese conglomerate to surpass VND300 trillion in annual revenue.

Net profit after tax reached VND11.146 trillion, up 111% compared to the previous year and exceeding shareholder-approved targets. It also marked the first time the group’s annual profit exceeded VND10 trillion.

As of December 31, 2025, Vingroup’s total assets stood at VND1.12 quadrillion, up 34% from the beginning of the year.

Vingroup successfully issues US$325 million bonds in Austrian market

Vingroup, one of Vietnam's leading conglomerates, has successfully issued bonds worth US$325 million in the international market with a maturity period of five years.