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.
The funding will help ITL transform and grow by acquiring new assets, developing new warehouses and facilities, and deploying advanced information technology systems.
The aim of the additional financing is to help local businesses with disrupted cash flows sustain operations and maintain jobs.
Domestic investors demand on hotel investments has been growing in recent years, bringing fierce competition with foreign ones.
The Chinese multinational electronics company is currently waiting for the investment licenses of two projects to manufacture speakers and headphones in Quang Ninh province.
Land transferring activities in the past years are said to make extra cash for the developer to pay dividends to its shareholders.
Residential players remained active while office continued to be one of the most exciting property sectors across the region in the last quarter of 2018, latest release from Savills reveals.
While Vietnam’s 93 million people are generating 1.2 kg of solid waste each per day, with about 16 per cent of this being plastic waste finding its way into waterways and the sea, Finland is seeing them as a valuable resource.
Vingroup's business sectors including real estate, retail, hospitality, education and health services achieved strong growth in the second quarter of 2018.
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Cash has always been a convenient method of payment for Vietnamese but many people feels at risk when paying by card, particularly they concern about identity theft with online payment transactions.
Saigon Thuong Tin Commercial Joint Stock Bank or Sacombank will auction several land plots in Ho Chi Minh City and industrial land plots in Long An province through Global Auction Services JSC on this June 28.
Hai Phat Invest is expected to list on Ho Chi Minh Stock Exchange as part of its plan to raise cash for property development.
The soft drink and non-alcoholic beverage corporation Tan Hiep Phat seems to use most of its business profit for personal financial activity in which a big cash flow has been circulated through banks to attain interest rate difference for its owner and his relatives.
Being a billionaire by owning billions of dollar of assets, many Vietnamese businesses use these assets to secure their loans or related companies at banks.
