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Novaland announces second drawdown of its inaugural syndicated secured term loan facility

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.

Japan surpassed South Korea to lead foreign direct investment in Vietnam

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.

ODA and preferential loans disbursed at US$1.5 billion only in first six months falling behind schedule

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.

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