Vietnam’s corporate bond market recorded total issuances worth VND311.73 trillion ($11.76 billion) in the first eight months of 2025, according to data from the Vietnam Bond Market Association (VBMA).

Commercial banks continued to dominate, accounting for 73% of the total, while the real estate sector contributed 17%, ranking second.

In August alone, issuance value reached VND46 trillion ($1.73 billion), up 52% from July. This included six public offerings worth over VND6.3 trillion ($237 million) and 37 private placements totaling VND39.35 trillion ($1.48 billion).

The month also saw a surge in early bond repurchases, with companies buying back more than VND27 trillion ($1.01 billion) of bonds, a 70% year-on-year increase.

Looking ahead, about VND69.7 trillion ($2.63 billion) in bonds is set to mature by the end of 2025, nearly half of which (49%) is tied to the real estate sector.