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Novaland
Novaland announces progress on completing Aqua City

Novaland announces progress on completing Aqua City

Novaland hosted an event on Nov. 15 to unveil its completion plan for the riverside eco-urban mega-project Aqua City, affirming that construction is accelerating and the development is progressing as scheduled.
Fire breaks out at high-end Rivergate Residence apartment complex in Ho Chi Minh City

Fire breaks out at high-end Rivergate Residence apartment complex in Ho Chi Minh City

Novaland pays CEO $15,000 a month salary

Novaland pays CEO $15,000 a month salary

Novaland unveils $229M equity plan for bond swap, admits no cash for redemption

Novaland unveils $229M equity plan for bond swap, admits no cash for redemption

Embattled property developer Novaland Group plans to issue nearly 152 million shares to redeem over VND6 trillion (US$229 million) worth of bonds in a debt-equity swap.
August 6, 2025 | 08:32 pm PT
Property developer Novaland unable to repay $2.3B in debt before 2026

Property developer Novaland unable to repay $2.3B in debt before 2026

Property developer Novaland will not be able to pay the VND59 trillion (US$2.3 billion) debts it owes until the end of 2026, and is negotiating with creditors and bondholders.
May 16, 2025 | 05:08 am PT
Former billionaire Novaland chairman Bui Thanh Nhon’s net worth plummets 92%

Former billionaire Novaland chairman Bui Thanh Nhon’s net worth plummets 92%

The net worth of Bui Thanh Nhon, chairman of property developer Novaland and once among Vietnam’s richest people, has declined by 92% since 2021-end to VND8.4 trillion (US$329 million).
March 18, 2025 | 07:39 pm PT
Novaland rejects chairman resignation claims

Novaland rejects chairman resignation claims

Property developer Novaland Group has denied rumors that its chairman Bui Thanh Nhon is on the verge of resigning.
January 15, 2025 | 04:00 am PT
Novaland refuses Truong My Lan demand for $100M debt repayment

Novaland refuses Truong My Lan demand for $100M debt repayment

Property developer Novaland has rejected a demand by property tycoon Truong My Lan to pay her VND2.5 trillion (US$100 million), saying there is no legal basis for it.
October 6, 2024 | 05:55 pm PT
Property developer Novaland confident in clearing debt by 2026

Property developer Novaland confident in clearing debt by 2026

Property developer Novaland is optimistic about eliminating its debts by 2026, focusing currently on selling off existing property units from completed projects
July 30, 2024 | 09:34 pm PT
Over 300 Novaland customers refuse to pay bank loans, want out as projects delayed

Over 300 Novaland customers refuse to pay bank loans, want out as projects delayed

More than 300 people who bought under-construction housing from Novaland have stopped paying their bank mortgages after the developer delayed all its projects.
July 9, 2024 | 03:24 pm PT
Major property developers set their sights on social housing

Major property developers set their sights on social housing

Tens of thousands of social housing units are planned to be built with major upmarket developers all set to enter the affordable segment.
May 26, 2024 | 03:28 am PT
Novaland chairman's daughter to sell 9M shares

Novaland chairman's daughter to sell 9M shares

Novaland chairman Bui Thanh Nhon's daughter Bui Cao Ngoc Quynh has registered to sell over 9 million NVL shares.
May 7, 2024 | 04:00 am PT
Novaland chairman Bui Thanh Nhon not 'running away', says CFO

Novaland chairman Bui Thanh Nhon not 'running away', says CFO

Novaland chairman Bui Thanh Nhon is "not running away" from the property developer and neither is NovaGroup, its parent and biggest shareholder, its CFO has said.
April 25, 2024 | 10:50 pm PT
Novaland doubles bond-to-share conversion price

Novaland doubles bond-to-share conversion price

Investors in Novaland - issued international bonds, worth a total of $300 million, must pay almost double to convert the bonds to shares, according to a latest decision by the property developer.
January 20, 2024 | 12:29 am PT
Novaland to raise $563M through share issuances

Novaland to raise $563M through share issuances

Property developer Novaland plans to issue 1.37 billion shares to raise a minimum of VND13.7 trillion (US$563 million) to pay off and restructure debts.
January 2, 2024 | 09:15 pm PT
Novagroup continues to sell Novaland shares to pay debts

Novagroup continues to sell Novaland shares to pay debts

Novagroup has been selling millions of shares of its property development subsidiary Novaland Group to repay debts.
December 27, 2023 | 03:33 am PT
Novaland share issuance plan shrinks 40%

Novaland share issuance plan shrinks 40%

Property developer Novaland is seeking shareholders' permission slash a rights issue plan by 40% from 1.95 billion shares to 1.17 billion.
December 14, 2023 | 02:51 am PT
Novaland wants to pay bond debts with luxury real estate in HCMC

Novaland wants to pay bond debts with luxury real estate in HCMC

Property developer Novaland has proposed using real estate of The Grand Manhattan project to pay back debts to bondholders of three of its bond packages.
November 12, 2023 | 02:47 am PT
HCMC bourse to remove two property stocks from top 30 basket

HCMC bourse to remove two property stocks from top 30 basket

Property companies Novaland and Phat Dat Real Estate Development are set to be removed from the VN30 Index on the Ho Chi Minh Stock Exchange on August 7.
July 17, 2023 | 08:46 pm PT
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