Government bond issuance in the first eight months of 2025 reached VND238.7 trillion ($9.04 billion), equivalent to 47.7% of the annual plan.

The average maturity of government bonds issued stood at 9.98 years, down 1.14 years from 2024’s average, while the average coupon rate rose to 2.98% per year, compared with 2.52% in 2024, the Vietnam News Agency quoted the Ministry of Finance as reporting.

As of August 30, outstanding government bond debt amounted to VND2.5 quadrillion ($94.3 billion), representing 21.8% of GDP in 2024.

Meanwhile, the corporate bond market also saw robust activity. Sixty-six firms raised VND322.1 trillion ($12.15 billion) through private placements in the January–August period, marking a 47.3% year-on-year increase.

Credit institutions made up the bulk of issuance with 70.4%, while real estate companies accounted for 20.8%, and other sectors the remaining 8.8%.