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Sunday, July 21, 2024



credit crunch

PM says Govt will not bail out real estate sector

HCMC - Prime Minister Pham Minh Chinh has said the Government will not bail out the struggling real estate sector. Speaking at a hybrid conference...

Real estate sector still struggles

HCMC – The ongoing credit crunch and the Government’s restrictions on corporate bond sales have put an additional strain on the debt-ridden real estate...

Novaland suggests debt extension for property firms

HCMC – Major property developer Novaland has asked the central bank to enable debt restructuring and extension from 24 to 36 months for property...

The tight budget hurts

 HCMC – A sales plunge, delayed payments and a credit crunch have led to a capital shortfall among businesses, especially as the new year...

The ongoing squeeze

Real estate and stocks which are seen as risky investment vehicles are facing strict financing controls. Manufacturers have begun to feel the squeeze as...

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