Corporate bond activity in Vietnam remained dynamic in November, according to data consolidated by VBMA. In November alone, 29 private placements were recorded with an issuance value of VND 24,388 billion (or US$975.52 million). Year-to-date, 362 private placements have been made, raising VND 342,716 billion (or US$13.71 billion), alongside 21 public offerings worth VND 32,114 billion (or US$1.28 billion).
Corporate bond redemptions in November totalled VND 6,204 billion (or US$248.16 million), marking a 44 percent decline compared to the same period in 2023. Also, December is set to see VND 42,053 billion (or US$1.68 billion) in corporate bonds reaching maturity, with real estate bonds dominating at VND 14,502 billion (or US$580.08 million), accounting for 34 percent of the total.
Furthermore, there were seven announcements of late interest payments, amounting to VND 151.4 billion (or US$6.06 million). On the secondary market, privately issued corporate bond transactions in November reached VND 95,357 billion (or US$3.81 billion), with an average daily trading value of VND 4,541 billion (or US$181.64 million), reflecting a 14 percent decrease from October 2024.
By sector, banking led corporate bond issuances, accounting for VND 18,400 billion (or US$736 million), demonstrating its dominant role in the market. The real estate sector followed with VND 2,880 billion (or US$115.2 million), reflecting sustained activity despite broader challenges in the industry. Other notable issuances included finance at VND 2,300 billion (or US$92 million), consumer at VND 500 billion (or US$20 million), materials at VND 200 billion (or US$8 million), and construction at VND 108 billion (or US$4.32 million). This distribution highlights the significant reliance on the banking and real estate sectors, which together represent the bulk of corporate bond activity.
See also: Financial Sector in Vietnam