Vingroup Secures 15 Trillion VND Bonds Issued by Vinhomes

Vingroup has announced a resolution to use its assets to secure 15 trillion VND in bonds issued by Vinhomes, which includes 8 trillion VND with a maturity of 42 months and 7 trillion VND with a maturity of 39 months. These bonds are non-convertible and without warrants, aimed at restructuring the issuer’s debt. Vingroup also plans to offer 29.3 million common shares to convert 27.4 million preferred shares at a conversion price of 103,819 VND per share, expected to be executed in Q3 2025. In the first half of 2025, Vingroup reported a revenue of 130.366 trillion VND, doubling the same period last year, with a net profit of 4.509 trillion VND. As of June 30, 2025, Vingroup’s total assets reached 964.439 trillion VND, a 15% increase since the beginning of the year.