Business News

Real estate businesses have stepped up corporate bond issues on the primary market, with value in April surging more than 110% compared to the same period last year. According to a bond market report released by the Vietnam Bond Market Association (VBMA), based on data available as of May 8, one corporate bond issue worth VND2 trillion and belonging to the real estate sector was recorded in early May.

The center is positioned as one of the four core pillars of VIFC-HCMC. The initiative is intended to financialize assets and cash flows tied to Vietnam’s marine economy infrastructure. The total value of goods passing through HCMC’s port system is estimated at more than US$1 trillion a year. Despite hosting major transshipment hubs, 80-90% of financial transactions linked to these cargo flows are still conducted in Singapore and Hong Kong (China).

Credit in Vietnam has grown strongly this year, with total outstanding loans in the banking system surpassing VND19.4 quadrillion, up more than 4% from the end of 2025. Data recently released by the State Bank of Vietnam (SBV) showed that the current credit structure has shifted in line with the broader economy. The service sector accounts for the largest share of the outstanding loans, at around 70.5%, followed by industry and construction at 23.5%, and agriculture at about 6%.

The Vietnam State Treasury raised a total of VND125.6 trillion worth of Government bonds (G-bonds) in the first four months of the year, fulfilling 41% of its second quarter issuance plan and 25% of its full-year target. The Hanoi Stock Exchange (HNX) said it had organized 20 G-bond auctions in April on behalf of the State Treasury, successfully mobilizing nearly VND45.5 trillion, skyrocketing 132% against the previous month.

Banks are rolling out cross-border QR payment services enabling consumers to make international transactions directly through domestic banking apps to tap into the country’s fast-growing digital economy. The expansion of QR-based payments is gradually reshaping spending habits, reducing reliance on cash and international cards while offering faster and more transparent transactions at points of sale.

Total outstanding loans in Vietnam’s banking system had reached over VND19.18 quadrillion in the year to March 31, up 3.18% against the end of 2025, with lending largely directed toward production and priority sectors, according to the State Bank of Vietnam. Data released at the central bank’s first-quarter press briefing on April 14 showed that several Government-backed lending programs have recorded notable disbursement progress. A credit package for the forestry and fisheries sectors has been expanded sharply, from VND15 trillion to VND185 trillion.

Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) has secured a US$250-million sustainable financing package to support green agriculture and small and medium-sized enterprises (SMEs), marking a major step in mobilizing international capital for priority sectors. The facility was arranged in partnership with the Asian Development Bank (ADB), alongside international partners including the Japan International Cooperation Agency (JICA) and the Government of Canada.

The Vietnam State Treasury mobilized VND80.1 trillion through Government bond issues in the first quarter of 2026, fulfilling 73% of the quarterly plan and 16% of the annual target. This capital mobilization, unveiled by the Hanoi Stock Exchange (HNX), underscores a strong start for the domestic sovereign debt market.