Vingroup’s Debt and the Principle of “Borrowing to Repay”

Vingroup has filed lawsuits against organizations and individuals spreading false information about the group’s debt situation, particularly that it is on the verge of bankruptcy with debts of 800 trillion VND. According to financial reports, total liabilities are approximately 283 trillion VND, and the group has consistently met its repayment obligations. There have been no recorded instances of delayed payments; rather, the group has paid off some bonds early in 2023 and 2024. Vingroup adheres to the principle of “borrowing to repay”, reinforcing investor confidence. In Q2 2025, revenue was 130.382 trillion VND, double that of the same period last year, with profits of 4.508 trillion VND. The group aims for revenues of 300 trillion VND and profits of 10 trillion VND in 2025. Vingroup is proactively optimizing its debt structure to alleviate short-term repayment pressures and demonstrates effective capital management.