Real estate firms issue bonds to raise capital Business

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, and many of them have decided to issue shares to fund their business.
Credit institution assets reach nearly 448 billion USD Business

Credit institution assets reach nearly 448 billion USD

The total assets held by Vietnam’s credit institutions reached more than 10.3 quadrillion VND (447.8 billion USD) by the end of May, an increase of 3.27 percent over the beginning of this year, the latest report from the State Bank of Vietnam (SBV) showed.
Banks aim to up capital ahead of new standards Business

Banks aim to up capital ahead of new standards

Prosperous business performance and positive bank share price trends in the stock market are expected to help some commercial banks meet their capital increase deadline as required by the State Bank of Vietnam (SBV).