Novaland Group, a leading real estate developer in Vietnam, has announced the second disbursement of $101 million from its $250 million inaugural syndicated secured term loan facility.
By September 20, 2018, foreign direct investment (FDI) disbursed $13.25 billion, up 6 per cent over the same period of 2017.
According to the Ministry of Planning and Investment of Vietnam, foreign direct investment (FDI) disbursement in 2017 is estimated at US$17.5 billion, a 10.8 per cent year-on-year increase.
A package of VND2 trillion (roughly US$88 million) supporting social housing projects has just been approved by the National Assembly. The Ministry of Construction demanded Vietnam Bank for Social Policies to disburse the capital this year.
Prime Minister stressed that in 2017, for projects, ODA and preferential loans which have not been disbursed or under procedures, will be cut off and transferred to the government and localities to meet the disbursement plan as approved.
Minister, Chairman of the Office of the Government Mai Tien Dung conveyed the Prime Minister’s criticisms to 13 Ministers and provincial Chairmen due to delayed capital disbursement.
Foreign direct investment (FDI) disbursement experienced a year-on-year increase of 6.5 per cent to US$7.72 billion in the first half of this year, statistics from the Foreign Investment Agency revealed.
Deputy Prime Minister Truong Hoa Binh has urged four localities affected by last year’s environmental incident to accelerate the disbursement of compensation and complete the process by June 30.
In the context of increasing inflation expectation since 2016, demand for credit capital and Government's bond issuance continues to be higher and higher, while the pace of investment capital disbursement still remains low, putting pressure on credit demand.
