In July 2025 Vietnam recorded 31 private bond placements worth VND 27,294 billion or US$1.05 billion and one public offering worth VND 2,649 billion or US$102 million, according to data from the Vietnam Bond Market Association (VBMA) → view source.
Enterprises redeemed VND 16,054 billion or US$617 million of bonds during the month, a 52 percent drop compared to July 2024.
Maturity outlook
For the rest of 2025, VND 109,458 billion or US$4.21 billion of corporate bonds are due, with real estate accounting for VND 55,893 billion or US$2.15 billion, or 51 percent of the total.
Market transactions
Secondary market activity for privately issued bonds reached VND 132,028 billion or US$5.08 billion in July, averaging VND 5,740 billion or US$221 million per day, down 8 percent from June.
Planned issuances
Viet Dragon Securities plans a third private issuance worth VND 800 billion or US$30.77 million with a one-year maturity and 8 percent coupon rate.
Vietnam–Asia JS Bank has approved a first public issuance worth up to VND 300 billion or US$11.54 million with a seven-year maturity and 7.6 percent coupon rate for the initial period.
See also: Banking in Vietnam 2025: Account Ownership, Mobile Money & Key Players