Vietnam corporate bonds: Real estate sector to face 59.6 trillion VND in upcoming maturities

According to a report from the Vietnam Bond Market Association (VBMA), approximately 106,155 billion VND in corporate bonds are set to mature during the final five months of 2026. The real estate sector accounts for the largest share of this upcoming maturity, representing 55.6% (59,621 billion VND) of the total value, followed by the banking sector at 19.4% (20,756 billion VND).

Regarding the government bond market, the State Treasury of Vietnam auctioned 13,000 billion VND in government bonds across five tenors on July 29, 2026. Since the beginning of 2026, the State Treasury has mobilized nearly 201,165 billion VND, reaching approximately 40.2% of its 500,000 billion VND annual issuance plan.

In the corporate bond market, cumulative issuances since the start of 2026 reached 289,911 billion VND. This includes 180 private placements valued at 258,273 billion VND and 26 public offerings totaling 31,638 billion VND. Additionally, early bond buybacks have totaled 172,054 billion VND year-to-date, a 12% increase compared to 2025, with the banking sector leading buybacks at 87.5% of the total value.