On October 17, Vingroup (stock code: VIC) announced a board resolution regarding the issuance and offering of international bonds on foreign stock exchanges, along with their listing.
The conglomerate, owned by billionaire Pham Nhat Vuong, plans to issue a maximum of 1,625 bonds with a face value of $200,000 each. The total expected issuance value is $325 million. The bonds will have a 5-year term from the issuance date, with an anticipated interest rate of 5.5% per annum.
The bonds will be denominated in US dollars (USD), non-convertible, unsecured, and will represent the direct debt obligations of the issuer. The issuance is scheduled for Q4/2025, pending approval from state authorities.
The bonds will be issued and listed on the Vienna Stock Exchange (Vienna MTF) in Austria. They will not be offered or listed in Vietnam.
On the same day, Vingroup announced its participation in the establishment of Vin New Horizon JSC. The company has a chartered capital of 1 trillion VND, with Vingroup holding a 65% stake. Vin New Horizon specializes in investing and managing senior healthcare centers.
Previously, Vingroup outlined Vin New Horizon’s six pillars: Health – Enjoyment – Happiness – Connection – Longevity – Serenity. These pillars are integrated into each urban area, ranging from 20-50 hectares, catering to essential needs such as housing, healthcare, education, and entertainment, while inspiring seniors to cherish every valuable moment of their lives.
On the stock market, VIC shares are currently trading at 204,000 VND per share, a fivefold increase since the beginning of the year. The market capitalization stands at over 778 trillion VND (~$29 billion), solidifying Vingroup’s position as the leading company on the Vietnamese stock exchange.
In other developments, Vingroup recently announced it will seek shareholder approval via written consent for a share issuance to increase capital from equity and other matters within its authority. The record date is October 30, 2025, with the approval process expected in November 2025.
Vingroup Launches 61,000 Social Housing Units Across 7 Provinces and Cities
On October 15, 2025, Vingroup (HOSE: VIC) announced the launch of social housing projects across seven provinces and cities nationwide. This initiative includes plans for nearly 50,000 units in Hưng Yên, Hải Phòng, Ho Chi Minh City, and Tây Ninh, with an additional 11,000 units already under construction and set to enter the market in Hải Phòng, Thanh Hóa, Quảng Trị, and Khánh Hòa.
Special Shareholder Group Holds Over 2.2 Billion Vingroup Shares
In addition to his direct shareholdings, Mr. Vuong holds a substantial number of VIC shares indirectly through companies under his control.
Gelex Group Stocks Witness Massive Trading Volume Surge
The VN-Index retreated from its peak near the 1,800-point mark today (October 14), as heavy profit-taking pressure in the afternoon session triggered a market correction. The Gelex Group (GEX) stood out with a surge in trading activity, as its shares hit the ceiling price and saw massive volume, equivalent to over 5.5% of its free-floating shares changing hands.
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Billionaire Pham Nhat Vuong Transfers Nearly 600 Million VIC Shares to Fuel Clean Energy, Green Taxis, and High-Speed Rail Dreams
Recently, Mr. Pham Nhat Vuong, Chairman of Vingroup’s Board of Directors, transferred ownership of over 60 million VIC shares to VinEnergo Energy Joint Stock Company to increase its share capital.
