Vingroup plans South Korean bond issuance as DatVietVAC prepares for IPO

Vingroup has approved a plan to issue international bonds targeting investors in South Korea. The company intends to issue up to 455 billion won (approximately 8,050 billion VND) in private, secured, non-convertible won-denominated bonds with a three-year term and a maximum fixed interest rate of 8% per annum. The issuance is expected to take place in the third or fourth quarter of 2026.

Separately, DatVietVAC Group Holdings is moving toward an initial public offering (IPO) with plans to sell 11.15 million shares. During a recent roadshow, leadership outlined a strategy to expand from content production into a broader ecosystem including intellectual property (IP) management, artist management, concerts, and fandom platforms. The company aims for a revenue of 3,500 billion VND and 420 billion VND in profit by 2026, with long-term targets of 5,000 billion VND in revenue by 2030.