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IFRS raises potential challenges in real estate business strategies

A recent Ministry of Finance ruling is set to send ripples across Real Estate businesses, especially those with extensive asset portfolios. The International Financial Reporting Standards (IFRS) adoption roadmap commits to improved transparency and brings financial reporting in Vietnam closer to global standards.

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HOSE HNX VN30 UPCOM
1,102.94 12.1 1.11
Volume: 227,840,100 Value: 4,080 (Billions VNĐ)
227.92 1.89 0.84
Volume: 30,664,767 Value: 473 (Billions VNĐ)
84.68 0.72 0.86
Volume: 21,612,750 Value: 276 (Billions VNĐ)
1,099.26 12.3 1.13
Volume: 62,557,800 Value: 1,614 (Billions VNĐ)