Vingroup has announced the successful issuance of bonds, offering 20,000 bonds with code VIC12504 at a par value of 100 million VND per bond, totaling 2 trillion VND. The bond has a term of 24 months, maturing on May 5, 2027. Previously, on April 28, 2025, Vingroup also issued another bond with the same value and term. Further, on April 11, 2025, they successfully issued an additional 30,000 bonds with code VIC12501 and 40,000 bonds with code VIC12502, with a total value of 7 trillion VND and an interest rate of 12% per annum. The purpose of these bonds is to restructure debts, and they are offered to professional securities investors. In terms of business performance, Vingroup’s consolidated revenue in Q1 2025 reached 84,053 billion VND, an increase of 287% compared to the same period in 2024, while after-tax profit was 2,243 billion VND, up 68%. Vingroup targets revenues of 300 trillion VND and after-tax profits of 10 trillion VND for 2025.
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