Vietnam’s corporate bond market recorded strong growth from the real estate sector in August, with its bond issuance value dominating the market, making up 36.2% of the total, well above its average share of 17.7%,  according to MB Securities (MBS).

Real estate firms issued bonds worth more than VND22.1 trillion ($833 million) during the month, the highest value since the start of the year. The figure represented a 295% surge from July and 202%  year-on-year.

Major issuers included Vinhomes with VND15 trillion (more than $567.77 million), Becamex with VND3 trillion (over $113.55 million), and Saigon Garment–Match JSC with VND2.5 trillion (nearly $94.66 million).

Overall, corporate bond issuance in August totaled more than VND61 trillion ($2.3 billion), rising 22.1% month-on-month but slipping 9.7% compared to a year earlier.

For the January–August period, Vietnam’s corporate bond market saw nearly VND380 trillion ($14.3 billion) in issuances, up 52.6% year-on-year.