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Tag
property developer
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Real estate M&A market warms up
The property industry is seeing a revival in mergers and acquisitions with several large deals completed this year and the average transaction value at a record high.
Nearly all sinking developer's staff get unpaid leave
Without any money to pay salaries, the Housing Development and Trading Corporation (HDTC) has put nearly all of its employees on temporary unpaid leave starting Nov. 26.
Doors to bank credit remain closed, developers complain
Property developers are facing hurdles in accessing bank credit, including bureaucracy and high interest rates, but some lenders deny any serious issues.
November 14, 2023 | 10:40 pm PT
Vinhomes buys out central region property developer
Property giant Vinhomes has bought out Ca Tam Tourism Joint Stock Company, owner of a villa-apartment project in the central Khanh Hoa Province.
October 2, 2023 | 11:57 pm PT
Property development firm chairman fined $21,600 for undisclosed share sale
The chairman of property developer LDG Investment has been fined VND520 million (US$21,600) for selling shares in his company without advance disclosure.
August 27, 2023 | 11:00 pm PT
Prepayments flatline in property development
Most property developers in Vietnam recorded little growth in prepayment in the first six months as difficulties lingered in the industry.
August 24, 2023 | 05:00 pm PT
Property developers offer better deals to stir demand
Property developers in Hanoi are lowering prices and extending payment packages to boost sales as weak demand continues to plague the market.
June 12, 2023 | 08:02 pm PT
Banks, property developers trade blame for credit challenges
Vietnamese lenders say they've been supplying an ample number of loans to the real estate industry, but property developers are still demanding easier access to credit.
February 8, 2023 | 06:34 am PT
Property developers tighten their belts amid frozen market
Property developers plan to cut costs, slow investment, and target lower-income housing markets in 2023 amid frozen real estate market.
January 31, 2023 | 03:47 pm PT
Police clarify origins of 156 buildings related to property developer Van Thinh Phat
HCMC police are clarifying the origins of 156 buildings linked to Van Thinh Phat Group to serve an ongoing criminal investigation.
October 20, 2022 | 12:19 am PT
Tan Hoang Minh promises full refund after authorities cancel bonds issuance
Property developer Tan Hoang Minh has pledged full refund to investors after authorities canceled the issuance of bonds worth VND10 trillion ($437 million) by the group.
April 5, 2022 | 05:41 am PT