VOV.VN – ASEAN should have a global approach and solutions to address global challenges, weather crisis and maintain post-pandemic economic recovery, suggested Vietnamese Prime Minister Pham Minh …
Top Vietnam property developer faces cash crunch
HANOI: Vietnam’s second biggest listed developer, No Va Land, is firing staff and seeking urgent asset sales, company and industry sources say.
Property market could see a recession next year: realtor
With the way liquidity has been plunging in Vietnam’s property market, it could experience a recession next year, says Le Hoang Chau, chairman of the Ho Chi Minh City Real Estate Association (HoREA).
Vietnam’s builder No Va Land faces cash crunch: Sources
The distress signals come amid turmoil in Vietnam’s property and credit market, heightened by the arrests of bosses of suspected of wrongdoing and a rapid fall in the value of the dong currency, after …
Credit Crunch Rocks Vietnam’s No. 2 Developer as Woes Spread
Vietnam’s second-largest listed developer has become the latest property firm faced with liquidity constraints amid a widening regulatory probe and credit crunch. Shares and bonds of No Va Land …
Shares in Vietnam’s No Va Land extend fall on real estate sector woes
Shares in Vietnam’s second-biggest real estate firm, No Va Land, extended falls on Wednesday to hit the lowest level since April, 2021, after industry sources said there had not yet been a …
Spruced Goose: Vietnam-era Huey helicopter restored, return to Little Rock perch
On a mild, picture-perfect autumn morning in west Little Rock, a Huey helicopter’s skids cleared the ground, and she slowly rose skyward. Bystanders stood in rapt attention to see the massive rotors …
Asian property debt woes worsen as Indonesia shows more distress
The bonds of Indonesian property companies are slumping, adding to signs of property debt distress that’s been deepening in China, South Korea and Vietnam.Agung Podomoro’s 2024 dollar bond extended …
Vietnam rising as a global financial hub: why not?
For many observers, Vietnam becoming a true financial hub seems an unrealistic vision. But why shouldn’t a bustling business metropolis like Ho Chi Minh City be able to develop into an international …
VIETNAM BUSINESS NEWS NOVEMBER 9
It urged the Government and the State Bank of Vietnam to increase banks’ credit quota by 2%, thus increasing the amount of credit available by 200 trillion VND (8 billion USD), to bolster the economy …