According to the Hanoi Stock Exchange (HNX), Vingroup-Joint Stock Company has announced that its Board of Directors has approved the private offering and issuance of corporate bonds.
Specifically, Vingroup plans to issue VND 2,500 billion in bonds with a face value of VND 100 million per bond and a maximum term of 24 months from the issuance date.

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The issuance date is expected to be announced in the Information Disclosure Document prior to the bond offering and will be confirmed in the issuer’s notice or the disclosure document regarding the offering results.
These bonds are non-convertible, unsecured, and backed by the assets of the issuer and/or a third party. The offering is open to professional securities investors as defined by law.
The proceeds from the bond issuance will be used to restructure the issuer’s debt.
In other news, Vingroup has announced the establishment of a subsidiary. The Board of Directors has approved the group’s participation in the formation of a subsidiary tentatively named VinDynamics Joint Stock Company for Research, Development, and Application of Humanoid Robots (VinDynamics).
VinDynamics is expected to have a charter capital of VND 500 billion, with Vingroup holding a 51% stake. The company’s headquarters will be located at Symphony Office Building, Chu Huy Mân Street, Vinhomes Riverside Urban Area, Phúc Lợi Ward, Hanoi.
VinDynamics’ primary business focus is the research, development, production, and technology transfer in the field of humanoid robotics.
Previously, Vingroup established two other robotics subsidiaries: VinRobotics Joint Stock Company for Research, Development, and Application of Robotics, and VinMotion Joint Stock Company for Research, Development, and Application of Multipurpose Robotics (VinMotion).
VinRobotics has a charter capital of VND 1,000 billion, with Vingroup holding 51% of the shares. Mr. Pham Nhat Vuong holds 39%, and his children, Pham Nhat Quan Anh and Pham Nhat Minh Hoang, each hold 5%. Ms. Nguyen Mai Hoa serves as the Chairwoman of the Board of Directors and the legal representative of VinRobotics. Ms. Mai Hoa also represents numerous other companies within the Vingroup ecosystem.
VinMotion was established in January 2025 with a charter capital of VND 1,000 billion, and the shareholding structure is identical to that of VinRobotics.
At VinMotion, Ms. Mai Hoa serves as the CEO and legal representative. She also represents several other companies within the Vingroup ecosystem.
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