Hundreds of trillions of VND in bonds maturing: The screening of actual capabilities begins

The pressure of bond maturities in the 2026–2028 period presents real estate businesses with the challenge of cash flow management and capital restructuring. In this context, tangible assets, investment efficiency, and deployment progress become crucial yardsticks of a company’s capability.

Cash flow enters the test phase

According to the Vietnam Bond Market Association (VBMA), approximately VND 204,300 billion in corporate bonds are scheduled to mature in 2026 and VND 319,800 billion in 2027, with the real estate sector accounting for over 61% and 37.8% respectively.

Maturity schedules require companies to proactively secure payment sources, balance loan capital with investment progress, and control costs. Heading into 2028, the requirement for mid-term cash flow planning continues to play a vital role.

Market-wide pressure does not mean all businesses will face difficulties. The ability to manage financial obligations and use capital efficiently are the factors that make a difference.

QP Holdings: Capital tied to investment value

In this context, QP Holdings demonstrates its development orientation through verifiable investments.

In 2025, the company announced the raising of VND 272 billion from a private share placement. Nearly VND 271 billion was used to acquire a 99.63% stake in Quang Phuc House Development Co., Ltd., the investor of QP Green Park.

This investment establishes ownership in the project company, demonstrating a specific capital allocation purpose. The efficiency of capital utilization continues to be evaluated through business results, actual cash flow, and implementation progress.

Regarding the strategic development portfolio of D7, D17, and Binh Duong Center, each project has its own investment preparation roadmap, tied to legal conditions, capital source plans, and phased implementation capabilities.

Capabilities affirmed through practical milestones

At QP Green Park, located in Binh Co Ward, Ho Chi Minh City, the project with a scale of approximately 13.7 hectares commenced construction on October 1, 2025. The traffic connection category linking with DT.742 has been completed, accepted, and put into use.

The implementation process involves An Đức as the construction contractor, SCQC as the supervision consultant, and QS Land in charge of exclusive distribution and marketing. On September 24, 2026, the “Green Journey Begins” event marked another milestone in the project’s development path.

Existing results, along with updated acceptance records and construction site images, serve as the basis for assessing implementation capacity through reality.

Steadfast with Prestige and Quality

QP Holdings is a reputable and professional real estate developer in Vietnam, operating across three core sectors: Residential Real Estate, Industrial Real Estate, and Financial Investment, with Residential Real Estate serving as the strategic pillar.

Placing “Prestige and Quality” as the foundation of development, QP Holdings remains steadfast in its mission to create values and accompany the long-term, sustainable prosperity of its customers, partners, and shareholders.