Novaland Group is in the final stages of a comprehensive restructuring effort, addressing legal, bond, and cash flow crises as it seeks to regain its position as a major player in Vietnam’s real estate market.
Vietnam's real estate sector is grappling with significant challenges as it struggles to raise funds through bonds and faces looming maturity pressures in the latter half of 2024.
Real estate sector bonds account for a major trunk of corporate bonds due for redemption this year.
All defendants in the Tan Hoang Minh bond fraud trial were sentenced below the prosecution's indictment range, owing to newly emerged mitigating factors.
H.C. Starck Tungsten Powders (HCS), a wholly owned subsidiary of Masan High Tech Materials, announced to invest $53 million into Nyobolt Limited, a fast-charging Li-ion battery solutions company.
Faster growth in both the government and corporate bond segments pushed Vietnam’s local currency bond market to reach $91.5 billion in the end of last year, up by 9.8 per cent from the third quarter of 2021.
This is BIM Land's first offshore bond issue after it borrowed about $140 million from IFC and Credit Suisse in 2019.
While Covid-19 drags on local currency bond markets in emerging East Asia, the market still got a positive increase.
Vietnam is a still young retail market and has lots of development potential.
The investment represents Sendo’s largest funding round to date
Masan Group (HSX: MSN) is going to issue VND1.5 trillion ($65.21 million) worth of bonds this month in a bid to restructure its debts.
The new funds will be used by the hotel management and booking platform for new markets and hotel staff training, as well as building a second tech hub in Vietnam, its second after India.
Vietnam’s largest listed enterprise in terms of market capitalisation is seeking for its shareholders’ approval on the issuance of $750 million worth of bonds to global investors in 2019.
The high quality VietGAP-certified vegetable brand, La Lanh, has officially launched at Big C supermarket in Quy Nhon on July 6.
