Vingroup Successfully Raises 2 Trillion VND in Bonds

Vingroup has announced the successful raising of 2 trillion VND through bond code VIC12505 with a 24-month term, maturing on May 9, 2027. Previously, on May 5, Vingroup successfully issued 20,000 bonds with code VIC12504, also raising 2 trillion VND, and another tranche on April 28, 2025, totaling similar value. The combined value of the recent bond issuances is approximately 11 trillion VND. All bonds are non-convertible, without warrants, and secured by assets. In terms of business performance, Vingroup reported total consolidated revenue of 84.053 trillion VND in Q1 2025, a 287% increase from the same period in 2024, with a net profit of 2.243 trillion VND, up 68%. At the General Meeting, Vingroup set targets of 300 trillion VND in revenue and 10 trillion VND in profit for 2025.