Real estate firms gear up for the race after pandemic

Real estate firms gear up for the race after pandemic

Property firms are gearing up to tap opportunities from the post-pandemic recovery of the real estate market, which was predicted to soon get back on its feet.
Real estate firms issue bonds to raise capital

Real estate firms issue bonds to raise capital

As the State Bank of Vietnam (SBV) has ordered tight control over real estate loans by credit institutions, property firms and developers have to seek alternative ways to raise their capital, and many of them have decided to issue bonds to fund their business.
Property firms opt for bonds as bank loans dry up

Property firms opt for bonds as bank loans dry up

Last month, property developer Vingroup unveiled plans to sell 20 million non-convertible bonds at VND100,000 (US$4.39) each in two phases without any covered warrants or guaranteed assets.
Southern hub property firms’ SOS

Southern hub property firms’ SOS

Many Ho Chi Minh City property firms face going bankrupt unless they get a quick rescue.