Vingroup has initiated lawsuits against 68 organizations and individuals for spreading false information online, especially rumors about the company going bankrupt due to a debt of 800 trillion VND. In reality, its financial report for Q2/2025 shows total assets at 958.235 trillion VND and debts of 799.543 trillion VND. However, only about 283 trillion VND consists of loans, primarily short-term. The debt-to-equity ratio is about 1.8 times, which is relatively safe. Vingroup’s short-term loans are mainly from major banks like VPBank, Techcombank, and BIDV, with some long-term loans from other banks. Most debts will mature within three years, but subsidiaries like Vinhomes anticipate cash flow from unrecognized contracts and new project revenues. Companies like Vinpearl and Vinmec are also expected to grow in business activity due to the expanding middle class.
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