According to information released, on March 12, 2026, the Board of Directors of Vingroup (ticker: VIC) approved Resolutions No. 03/2026 and 04/2026 approving the listing of international bonds on Vienna MTF, part of the Vienna Stock Exchange in Vienna, Austria. The company also approved the bond offering documents to be filed with domestic regulators. CEO Nguyen Viet Quang was authorized to decide the detailed content and to organize the related procedures to ensure the listing proceeds successfully. This move is the next step in the plan to issue up to
USD 350 million of international bonds that Vingroup announced at the end of February 2026. The offering size is expected to reach 1,750 bonds with a face value of USD 200,000 per bond. The bond tranche has a term of 5 years, a maximum nominal interest rate of 5.75% per year, and is an unsecured direct debt obligation of the issuer. The structure of this fundraising includes a provision allowing bondholders to elect to receive Vinpearl shares. Procedures are expected to be implemented in Q2 2026. Continuing to select an exchange in Austria signals consistency in Vingroup's approach to accessing foreign capital. Previously, at the end of 2025, the group also issued USD 325 million of international bonds with equity-linked features and listed on Vienna. The capital-raising plans are underpinned by a steadily expanding asset base. At the end of 2025, Vingroup reported consolidated net revenue of VND 332,770 billion and net profit after tax of VND 11,146 billion. As of December 31, 2025, the group’s total assets reached VND 1.12 quadrillion.
