Hưng Phát Invest Hà Nội, a limited liability company, has recently submitted a document to the Hanoi Stock Exchange (HNX) announcing the issuance of corporate bonds. The IHP12501 bond, with a face value of VND 100 million per bond, was issued and completed on October 14, 2025, totaling VND 7,650 billion. This 18-month bond is set to mature on April 14, 2027, offering an attractive interest rate of 9% per annum, as reported by HNX.
While details about bondholders and issuance purposes remain undisclosed, the company’s financial moves have drawn attention. Just a day before the bond issuance, on October 13, 2025, Hưng Phát Invest Hà Nội pledged all its assets and receivables from a business cooperation contract with Capitaland Tower Co., Ltd. (signed on October 7, 2025) as collateral to Techcom Securities.
Source: HNX
In February 2019, the company also pledged its rights to claim principal, interest, penalties, and all receivables from contracts related to the HH5 Saigon – Ba Son Complex project (specifically, the HH5-1 apartment and commercial service building) as collateral to Techcombank’s Corporate Banking Division.
Hưng Phát Invest Hà Nội is the developer of the HH5-1 residential and commercial project within the Saigon – Ba Son Complex in Ho Chi Minh City. The successful issuance of VND 7,650 billion in bonds by this relatively low-profile company has sparked public curiosity about its financial strength.
Established in December 2016, the company is headquartered at L17-11, 17th Floor, Vincom Center, 72 Le Thanh Ton Street, Ben Nghe Ward, Ho Chi Minh City. As of September 20, 2025, its legal representatives are Mr. Do Tuan Anh (born 1973), Chairman of the Members’ Council, and Ms. Nguyen Tran Thao Nhi (born 1994), CEO.
The company is owned by Minh Huy Land Investment Co., Ltd., with a registered capital of over VND 3,070 billion. The capital contributions are distributed as follows: Mr. Nguyen Van Linh (10%), Ms. Nguyen Tran Thao Nhi (10%), and Mr. Do Tuan Anh (80%). In October 2025, the registered capital increased to nearly VND 3,473 billion, with the same ownership structure.
Minh Huy Land, founded in January 2016, shares the same address as Hưng Phát Invest Hà Nội. As of September 2025, its registered capital exceeds VND 1,041 billion, with Mr. Do Tuan Anh holding 98.458% and Mr. Nguyen Van Linh holding 1.542%. Mr. Linh (born 1980) also serves as the company’s Director and legal representative.
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