Real estate developer Phat Dat clears bond debts, prepares for strong rebound: CEO

Real estate developer Phat Dat clears bond debts, prepares for strong rebound: CEO

Phat Dat Real Estate Development JSC’s bond debts reached zero on Monday after the firm made its final repayment, marking the massive efforts made to solve its bond issues amid the challenging real estate market. This is one of the conditions the firm has created for a strong rebound towards higher goals, said CEO Bui Quang Anh Vu.

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

Real estate developer Phat Dat to repay bond debts this year: CEO

Real estate developer Phat Dat to repay bond debts this year: CEO

Phat Dat Real Estate Development JSC is trying to complete its bond debt repayments this year as it prepares to begin 2024 with major changes, CEO Bui Quang Anh Vu tells The Investor.

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

Developer Phat Dat, Military Bank ink cooperation pact for $447 mln southern Vietnam project

Developer Phat Dat, Military Bank ink cooperation pact for $447 mln southern Vietnam project

Phat Dat Real Estate Development JSC and MB Bank have signed a comprehensive cooperation agreement for the Thuan An 1&2 real estate project in Binh Duong province.

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

Realty firm Phat Dat begins work on central Vietnam urban area

Realty firm Phat Dat begins work on central Vietnam urban area

Phat Dat Real Estate Development JSC has begun work on the VND2.34 trillion ($95.33 million), 43.16-hectare Bac Ha Thanh urban area in the central province of Binh Dinh.

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

New downtown HCMC office a growth catalyst for realty firm Phat Dat

New downtown HCMC office a growth catalyst for realty firm Phat Dat

Phat Dat Real Estate Development Corporation conducted a topping out ceremony Friday for its “inspiring” office building on a prime land lot in downtown Ho Chi Minh City.

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

Realty firm Phat Dat eyes 805-hectare urban, industrial area in central Vietnam

Realty firm Phat Dat eyes 805-hectare urban, industrial area in central Vietnam

Phat Dat Real Estate Development Corporation plans to invest in an 805-hectare service, urban and industrial area within the Dung Quat Economic Zone (EZ) in the central province of Quang Ngai.

Industrial real estate - Mon, Dec 22, 2021 | 11:30 am GMT+7

Real estate firm Phat Dat embraces 'compassionate' corporate culture

Real estate firm Phat Dat embraces 'compassionate' corporate culture

Phat Dat Real Estate Development Corporation has organized training for its board members and senior managers to build a corporate culture and enhance connectivity among employees.

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

Housing firms extend losing cycle in Q1

Housing firms extend losing cycle in Q1

Major Vietnamese housing firms Dat Xanh, Novaland, and Danh Khoi reported losses in the first quarter of 2023, while Vinhomes saw profits rising 2.5 times year-on-year.

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

Phat Dat to focus on projects with quick cash flow: CEO

Phat Dat to focus on projects with quick cash flow: CEO

Phat Dat Real Estate Development Corporation (PDR) will focus on projects that have the best market prospects and can bring in the fastest and most effective cash flow, said CEO Bui Quang Anh Vu.

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

Legal adjustments key to unleashing capital flows into real estate

Legal adjustments key to unleashing capital flows into real estate

Legal bottlenecks must be removed to revitalize the real estate and financial markets in Vietnam, while businesses must increase their cash flows to rescue themselves.

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

Phat Dat voted among top 10 Vietnamese real estate developers in 2023

Phat Dat voted among top 10 Vietnamese real estate developers in 2023

Phat Dat Real Estate Development Corporation, listed on the Ho Chi Minh Stock Exchange as PDR, has been named among the Top 10 real estate developers in Vietnam in 2023 by Vietnam Report, a leading local ranking and research company.

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

Corporate bond market in need of support to back capital market

Corporate bond market in need of support to back capital market

The capital market is described as a tripod featuring credit, bonds, and stocks, of which, the bond market is its indispensable third leg.

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

Phat Dat Corp CEO spends  $7.63 mln on 18 mln PDR shares

Phat Dat Corp CEO spends $7.63 mln on 18 mln PDR shares

Bui Quang Anh Vu, CEO of Phat Dat Real Estate Development Corp (PDR), has purchased over 18 million PDR shares via order matching, according to the firm's report on internal trading.

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

Property developer Phat Dat among top 50 M&A deals

Property developer Phat Dat among top 50 M&A deals

Phat Dat Real Estate Development Corp., listed on the Ho Chi Minh Stock Exchange as PDR, has been honored for one of the top 50 merger and acquisition (M&A) deals in 2021-2022.

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

Phat Dat featured among Vietnam's 100 best places to work

Phat Dat featured among Vietnam's 100 best places to work

Phat Dat Real Estate Development Corp has been named among Vietnam's 100 Best Places to Work 2022, a list compiled by human resource consultancy Anphabe and sponsored by the Vietnam Chamber of Commerce and Industry (VCCI).

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

Realty firm Phat Dat reports $72 mln profit in 9 months

Realty firm Phat Dat reports $72 mln profit in 9 months

Phat Dat Real Estate Development Corp. recorded a pre-tax profit of VND1,790 billion ($72 million) in the first nine months of the year, up 28% year-on-year.

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

European training for Vietnam football talents

European training for Vietnam football talents

Phat Dat Real Estate Development Corporation has become a key sponsor of a strategic cooperation in developing young football talents in Vietnam.

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

Stand out from the crowd to succeed: Phat Dat CEO

Stand out from the crowd to succeed: Phat Dat CEO

"We have to be different in order to be successful; it's not appropriate to follow the crowd" says Bui Quang Anh Vu, CEO of Phat Dat Real Estate Development Corporation, reflecting on his experience since taking the reins two years ago.

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

Realty firm Phat Dat among top 50 public companies in Vietnam

Realty firm Phat Dat among top 50 public companies in Vietnam

Phat Dat Real Estate Development Corporation, listed on the Ho Chi Minh Stock Exchange as PDR, remains among the top 50 public companies in Vietnam for 2022, its second time in a row.

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

Property developer Phat Dat posts 22 mln in Q2 profit

Property developer Phat Dat posts 22 mln in Q2 profit

Phat Dat Real Estate Development Corp. recorded a pre-tax profit of VND516 billion ($22 million) in the second quarter of this year, up 60% year-on-year and up 46% compared to the first quarter.

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

Property developer Phat Dat restructures to drive sustainable growth

Property developer Phat Dat restructures to drive sustainable growth

Phat Dat Real Estate Development JSC is restructuring its investment portfolio to support the company's sustainable growth target.

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