Hospitality real estate projects pause sales amid low liquidity

Hospitality real estate projects pause sales amid low liquidity

Real estate projects across Vietnam’s hospitality industry have placed their sale plans on ice in a wait-and-see attitude during this year’s first quarter due to low trading volume.

Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Property developer Novaland has bond payment terms extended

Property developer Novaland has bond payment terms extended

Vietnam's leading real estate developer Novaland has stricken deals with its bondholders to prolong payment terms as the government’s Decree 08, effective on March 5, allows corporate issuers to do so to help them ease cashflow troubles.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7