Vietnam Considers First Dollar Bond Since 2014

Vietnam is evaluating its first sovereign dollar bond sale in over a decade to fund infrastructure projects and relieve pressure on domestic banks. Officials are in talks with investment banks regarding terms, though no final decision has been made.

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A woman walks outside Vietnam's Finance Ministry in Hanoi, Vietnam, September 15, 2026. Picture taken with a mobile phone. REUTERS/Nguyen Phuong

Vietnam's finance ministry is considering its first sovereign dollar bond sale in over a decade, eyeing up to $1B to fund infrastructure. The move would ease credit pressure on domestic lenders amid a push for 10% annual economic growth. The potential issuance marks a broader shift toward foreign financing as the Southeast Asian nation seeks to relieve domestic banking constraints.

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