Real estate firm Nam An records Vietnam's second biggest bond issuance in one year
Nam An Investment and Trading JSC has announced the successful issuance of VND4.7 trillion ($199.26 million) in bonds on March 10, 2023.
It is the second largest batch of bonds successfully issued in one year. The only previous tranche issued worth over VND4 trillion ($169.58 million) was recorded by Novaland (NVL) with a value of over VND5.54 trillion ($234.99 million) in May 2022.
Specifically, Nam An issued 47,000 bonds with a par value of VND100 million ($4.24 million) and a term of 18 months, due on March 10, 2024.
According to the Hanoi Stock Exchange (HNX), this round of bonds had an interest rate of 13% per year, combining fixed and floating interest rates.
Vinhomes Riverside Eco-urban area, Long Bien district, Hanoi. Photo courtesy of Vinhomes.
Nam An, located in the Vinhomes Riverside ecological urban area, Hanoi's Long Bien district, was established in 2016 and focuses on the real estate market. The company's legal representative is Hoang Quoc Thuy.
Thuy was one of the founders of Technocom along with Vingroup chairman Pham Nhat Vuong. After joining Technocom, he was director of the Mivina noodle factory.
He was also general director of Quang Thai Development and Commercial Investment JSC, which used to be a major shareholder in Vingroup, Vietnam's largest private corporation.
- Related News
- Read More
Vietnamese private economic groups: Achievements, efforts and paradoxes
If we place Vietnam's private sector in the context of the region and the world, a clear paradox emerges: numerous but not yet strong, dynamic but not yet profound, making significant contributions but maintaining a modest position in the global value chain, writes Dau Anh Tuan, deputy secretary general of the Vietnam Federation of Commerce and Industry (VCCI).
Economy - Mon, April 13, 2026 | 1:57 pm GMT+7
Dung Quat oil refinery operator BSR posts strong Q1 profit amid energy market volatility
Binh Son Refining and Petrochemical JSC (HoSE: BSR), the operator of Vietnam’s first oil refinery Dung Quat, reported estimated Q1 net profit of nearly VND3.35 trillion ($127.1 million), more than eight times higher than a year earlier, despite global energy market disruptions linked to Middle East tensions.
Companies - Mon, April 13, 2026 | 11:57 am GMT+7
The Investor to host conference '40 years of reform: The leading role of economic groups' today
The Investor (www.theinvestor.vn) and Nha dau tu (www.nhadautu.vn) will host a conference titled "40 years of reform: The leading role of economic groups" at 1:30 p.m. Monday, April 13 in Hanoi.
Economy - Mon, April 13, 2026 | 11:15 am GMT+7
Unlocking and mobilizing resources for the development of Vietnam’s leading economic groups in new growth era
Only when a development structure where large firms lead, SMEs diffuse growth, and the State enables development is formed, can Vietnam build a sufficiently strong enterprise foundation for a new growth model, write deputy director Dr. Bui Thanh Minh and researcher Tran Duc Anh at the Private Sector Development Research Board (Board IV) Office.
Economy - Mon, April 13, 2026 | 8:00 am GMT+7
VinSpeed starts work on Hanoi-Quang Ninh high-speed railway project
VinSpeed High-Speed Railway Investment and Development JSC, an arm of Vietnam’s leading private conglomerate Vingroup, on Sunday broke ground on the Hanoi-Quang Ninh high-speed railway project in Quang Ninh province, northern Vietnam.
Infrastructure - Sun, April 12, 2026 | 3:58 pm GMT+7
Investment deal signed for $2 bln LNG power project in central Vietnam
The Trung Nam-Sideros River consortium on Friday signed a business and investment contract for the VND57.4 trillion (approximately $2.18 billion) Ca Na LNG-fired thermal power plant project, unlocking new development momentum for an integrated energy-industrial complex in the south-central province of Khanh Hoa.
Energy - Sun, April 12, 2026 | 1:49 pm GMT+7
Vietnam's taxi operator Vinasun forecasts 16% profit fall amid tough competition
Vietnam's major taxi operator Vinasun expects profit to decline further in 2026 even as it plans to modestly grow revenue and upgrade its fleet, highlighting the continued pressure from ride-hailing platforms and rising operating costs.
Companies - Sun, April 12, 2026 | 10:26 am GMT+7
Vietnam banks cut deposit rates as state lenders join easing trend
Vietnamese banks have begun lowering deposit rates in a coordinated move following guidance from the State Bank of Vietnam, with major state-owned lenders joining the trend to help steer market conditions.
Banking - Sun, April 12, 2026 | 8:00 am GMT+7
Sun Group, Dragone partner to elevate Vietnam’s live entertainment scene
Sun Group on Friday entered into a strategic partnership with Dragone, a Belgium-based creator and producer of large-scale live entertainment, marking a new chapter for Vietnam’s cultural and entertainment industry and the beginning of a flagship show envisioned for APEC 2027.
Companies - Sat, April 11, 2026 | 9:05 pm GMT+7
BIN Corporation proposes $3 bln high-tech project in central Vietnam
BIN Corporation, a Vietnamese multi-sector group headquartered in Ho Chi Minh City, has proposed to invest $3 billion in an AI data, renewable energy, and high-tech workforce training complex in the central province of Dak Lak.
Industries - Sat, April 11, 2026 | 5:17 pm GMT+7
Gelex Electric plans 75% bonus share issue to boost capital
Gelex Electric (HoSE: GEE) plans to issue 274.4 million bonus shares to existing shareholders in a move to increase its charter capital by 75%.
Companies - Sat, April 11, 2026 | 10:08 am GMT+7
Vietnam retains top spot in Adidas global sourcing
Adidas continues to rely heavily on Vietnam as its largest sourcing base, with the Southeast Asian country accounting for more than a quarter of the company’s global production as supply chains remain concentrated in Asia.
Companies - Sat, April 11, 2026 | 8:17 am GMT+7
Meiko Electronics expands Vietnam footprint with new $50 mln unit amid supply chain shift
Meiko Electronics is stepping up its investment in Vietnam with a new $50 million subsidiary, as the Japanese printed circuit board maker positions itself to capture rising demand from global clients relocating supply chains to Southeast Asia.
Industries - Fri, April 10, 2026 | 9:29 pm GMT+7
Shinhan Bank expands POS business, collaborates with VNPAY to promote digital payments
Shinhan Bank Vietnam Limited is promoting the expansion of POS (point of sale) business, gradually affirming its position in Vietnam’s digital payment market.
Banking - Fri, April 10, 2026 | 8:35 pm GMT+7
Vietnam enters phase of in-depth, selective FDI attraction: report
The 2025 Annual Report on Foreign Direct Investment (FDI) in Vietnam highlighted a qualitative shift in FDI inflows, with a notable increase in investment directed toward service sectors such as real estate, wholesale-retail, logistics, science-technology, waste treatment, and accommodation services.
Economy - Fri, April 10, 2026 | 8:05 pm GMT+7
Vietnam an increasingly important pillar in KURZ’s Asia strategy: exec
Vietnam offers more than cost competitiveness. The country is increasingly demonstrating operational reliability and ability to build long-term, trust based partnerships - factors that are particularly important for European investors, says Waegner Thomas Fritz, general director of KURZ Vietnam.
Executive Talk - Fri, April 10, 2026 | 4:25 pm GMT+7
