M&As pick up pace in Vietnam property market
Vietnam’s ailing real estate market is witnessing a rising number of merger and acquisition (M&A) deals, mostly with overseas buyers who can arrange capital sources to counter the credit crunch in the country.
Development potential of Vietnam's real estate market - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam's central bank asked to further cut interest rates
Deputy Prime Minister Le Minh Khai has requested the central bank to continue cutting interest rates to support growth in the country's slowing economy.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Realty developer Novaland revives work on 2 more key projects
Leading Vietnamese property developer Novaland is returning engineers to two major resort entertainment projects where work has been paused as it had run out of funds.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Major firms sell off assets on the cheap amid credit crunch: minister
Cash flow troubles have forced many major companies in Vietnam to sell off assets at prices much lower than their market value, Minister of Planning and Investment Nguyen Chi Dung said on Tuesday.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
NPLs at Vietnam banks surge amid tough economic outlook
Non-performing loans (NPLs) at Vietnamese banks expanded in the first quarter of this year, while the slowing economy continued to face challenges amid prolonged global headwinds.
Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7
Long-term solutions vital to Vietnam capital market: BIDV chief economist
Can Van Luc, chief economist at state-controlled bank BIDV, details to The Investor his proposed measures expected to help the country’s capital market grow further amid the current credit crunch.
Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7
April records highest number of new firms
The number of newly registered enterprises in Vietnam peaked in April among monthly figures at 15,967, indicating improved business sentiment, according to the Department of Business Registration Management.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Investor confidence must improve to unleash Vietnam's capital market
More transparency and expertise in Vietnam’s corporate bond market is needed for the country to recover investor confidence in its efforts to ease the current credit crunch in the capital market, heard a workshop Friday in Hanoi.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam property market expected to bounce back in Q3
Vietnam's ailing real estate market is undergoing a healing process and is expected to start recovering in the third quarter thanks to the government's aid in legal issues.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Novaland asks for government support to help realty market recover
Leading Vietnamese property developer Novaland on Friday asked the government for a supportive mechanism to help the ailing real estate sector deal with current market woes, including a credit crunch and legal procedures.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Real estate companies face high bankruptcy risks: top developer Vinhomes
Vietnam’s government should take prompt action in removing obstacles in legal procedures and credit access in the property sector to help the ailing industry recover as realty enterprises face high risks of bankruptcy, Vinhomes chairman Pham Thieu Hoa said Friday.
Real Estate - Mon, Dec 22, 2021 | 11:30 am GMT+7
Vietnam PM instructs banks to ease credit crunch
Prime Minister Pham Minh Chinh has ordered the country’s banking system, including the central bank (SBV), to rapidly provide smooth credit for the business community, which is facing a severe lack of funding.
Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7
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