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Vietnamese billionaires commit to build 1 million affordable houses for the poor
Vingroup, Novaland and other real estate developers have pledged to pour money into a government initiated program on social housing development worth tens of billions of dollars.
With new 'business model', billionaire Pham Nhat Vuong could earn $1.5 billion
Billionaire Pham Nhat Vuong has launched a new system that is expected to help Vinhomes bring in about $1.5 billion in 2021.
Consortium buys 6% stake in Vinhomes for US$650 million
A KKR-led consortium has acquired a 6 per cent stake in the residential property developer Vinhomes JSC for US$650 million
Property firms return to market after COVID-19
After a brief hiatus, property companies have been resuming sales of developments and revealing their post-COVID-19 business plans since the beginning of May.
Real estate firms with large land holdings expect good year
2020 is expected to be a tough year for real estate developers, but some real estate firms still have high hopes thanks to the large land holdings they own.
Making huge profits, businesses develop ambitious plans
Vietnam has for the first time witnessed businesses making high profit of $1 billion. Reaching new heights, Vietnamese businesses now cherish more ambitious plans.
HCM City property market a magnet for foreign investors
The Ho Chi Minh City property sector has in recent years attracted billions of dollars worth of foreign investment due to its growth potential, real estate consulting companies have said.
Large-cap firms report at least US$130 million in pre-tax profit
Most large-cap firms have released full-year earnings reports for 2019 with 29 companies reporting a pre-tax profit of more than VND3 trillion (roughly US$130 million).
Different scenarios for VN-Index in Q4
Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.
Vietnamese billionaire among world’s 200 richest people
Billionaire Pham Nhat Vuong has for the first time moved up to the top 200 of the Forbes’ rich list as of July 31.
Vietnam real estate firms issue bonds to raise capital
As the State Bank of Vietnam (SBV) has ordered tight control over real estate loans by credit institutions, property firms and developers have to seek alternative ways to raise their capital.
