Vingroup plans bond issue to raise US$1.5bil


The funds will be used to repay loans and for the expansion of VinFast, the group’s automobile unit, the statement said.

HANOI: Vingroup, Vietnam’s biggest listed company, plans to raise US$1.5bil (RM6.31bil) through the issue of international bonds next year to boost capital for its automobile unit, the company said in a statement.

The funds will be used to repay loans and for the expansion of VinFast, the group’s automobile unit, the statement said.

Save 30% and win Bosch appliances! More Info

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Vingroup , Vinfast , US , lauto , funds ,

Next In Business News

Sarawak Cable's external auditor issues disclaimer of opinion on financial statements
MSM appoints Ab Aziz Ismail as new CFO
SumiSaujana’s IPO oversubscribed 1.85 times
Redtone raises stake in Salcon to 2.84% with open market purchase
Farhash becomes substantial shareholder in MMAG
Yinson stays optimistic amid strong FPSO demand and sustainability focus
Ringgit closes marginally lower against US dollar ahead US PCE data
RHB Bank realigns organisational structure
Bank Negara adds 12 new entities to financial consumer alert list
Able Group chairman charged with abetment of dishonest misappropriation

Others Also Read