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Vinhomes Joint Stock Company (Vinhomes, Stock Code: VHM) has recently submitted an official document to the State Securities Commission (SSC), Ho Chi Minh City Stock Exchange (HSX), and Hanoi Stock Exchange (HNX) regarding an extraordinary announcement related to corporate bonds.
On December 25, 2025, the Board of Directors issued a resolution on the private placement of non-convertible, warrant-free corporate bonds. The primary purpose of this issuance is to restructure the issuer’s debt.
The interest rate combines both fixed and floating components, with a maximum total face value of VND 4,500 billion (approximately VND 100 million per bond). The collateral includes assets legally owned by Vingroup Corporation, Vinhomes, and/or third parties.
Conversely, on December 22, 2025, Vinhomes settled VND 60.4 billion in interest and VND 2,000 billion in principal for the bond series VHMB2325005.
The VHMB2325005 bonds, issued on December 21, 2023, comprised 20,000 bonds with a face value of VND 100 million each, totaling VND 2,000 billion. With a 24-month term, the bonds matured as scheduled on December 21, 2025, and Vinhomes successfully redeemed the entire series on time.
In other developments, Vinhomes recently announced the transfer of shares in Dai An Construction Investment Joint Stock Company (Dai An Construction). Following this transaction, Dai An Construction is no longer a subsidiary of Vinhomes.
According to Vinhomes’ Q3/2025 consolidated financial report, as of September 30, 2025, the company held 100% voting rights and 99.9% ownership in Bao An Construction.
The Hai Phong Department of Construction has announced the acceptance of applications for social housing units at the NXH2 plot within the Trang Cat Social Housing Project Phase 1, developed by Vinhomes.
Located in Trang Cat Ward (formerly part of Hai An District), the project is situated within the Dinh Vu – Cat Hai Economic Zone (now under Hai An Ward). The total planned area spans nearly 33 hectares, with approximately 11 hectares dedicated to social housing.
The NXH2 plot is expected to offer 1,040 condominium units. The developer will begin accepting applications from January 12, 2026, to February 12, 2026, with sales contracts anticipated to be signed starting March 2026.
Also known by its commercial name, Happy Home Trang Cat, the project broke ground in January 2024, with a projected investment of over VND 5,800 billion. It is designed to accommodate approximately 10,000 residents.
The master plan includes 27 condominium towers, 284 townhouses and villas (up to 5 stories), commercial and service buildings (4–10 stories), schools (3–4 stories), and comprehensive technical and social infrastructure.
PV
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