Vinhomes Global Gate Project Partner Raises VND 5.5 Trillion Through Bond Issuance

Several months after acquiring a portion of the Vinhomes Global Gate project, Thoi Dai Moi T&T successfully mobilized a bond issuance totaling 5.5 trillion VND.

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New Era T&T Joint Stock Company (New Era T&T) has recently submitted a report on the private bond issuance results to the Hanoi Stock Exchange (HNX).

On October 14, 2025, New Era T&T issued 55,500 corporate bonds under the code NTJ12501, with a face value of 100 million VND per bond, successfully raising 5.5 trillion VND.

The bonds have a 36-month term, maturing on October 14, 2028, with a combined interest rate of 9.45% per annum and a buyback clause included.

Founded in late 2006, New Era T&T witnessed a significant capital increase in November 2024, rising from 1,999.5 billion VND to 7,999.5 billion VND.

The company is legally represented by Chairman Nguyen Van Hai (born in 1970) and CEO Phung Thi Minh (born in 1979).

Phung Thi Minh also serves as the representative for Thanh Quang Investment and Business Development LLC.

New Era T&T gained prominence in 2010 with the acquisition of 4,000 square meters of prime land at 22-24 Hang Bai. After years of inactivity, the project was launched as The Grand Hanoi.

In March 2025, the Hanoi People’s Committee approved Vietnam Exhibition and Fair Center JSC (VEFAC, stock code: VEF) to transfer a portion of the new urban development project in Xuan Canh, Dong Hoi, and Mai Lam communes, former Dong Anh district (now Vinhomes Co Loa, commercially known as Vinhomes Global Gate) to New Era T&T.

In March 2025, VEFAC received approval to transfer a portion of the Vinhomes Global Gate project to New Era T&T.

The transferred section is part of the Vinhomes Global Gate project, which was approved for investment by the Hanoi People’s Committee on June 26, 2020.

It includes land designated for high-rise and low-rise residential buildings, mixed-use structures, and commercial public facilities, covering a total area of 75 hectares. Of this, 42.7 hectares are residential land, and 32.3 hectares are public land. The total investment for the transferred portion is approximately 30,360.5 billion VND.

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