BIM Land now get up to $137 million in financing from IFC and Credit Suisse.
The Ho Chi Minh City-based property developer has successfully closed nearly $121 million in fundraising from a group of investors including EXS Capital, ACA Investments, and Credit Suisse AG.
Vingroup has just announced an issuance of 84 million preference shares on a private offering basis to Hanwha Vietnam Opportunity Fund 1, which is invested by Hanwha Asset Management Co., Ltd. of Hanwha Group, with the total issuance value of over VND9,300 billion ($400 million).
Vietnam is leading the world regarding market capitalization growth in the period 2016-2017 at the rate of 61 per cent, according to Credit Suisse's Global Wealth Report 2017 just released.
