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

Banks race to reduce lending rates to facilitate debt repayments

Banks race to reduce lending rates to facilitate debt repayments

Big commercial banks have launched new loan packages with low interest rates of only 5.6-8% per year to help customers repay their debts at other banks.

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