Property firms outpace banks in bond issuance
InvestmentReal estate enterprises outpaced banks to issue the largest volume of corporate bonds last month, according to a newly released report by SSI Securities Corporation.
Suspending business operations within one year means killing property firms
PolicyTo punish real estate enterprises that do not comply with regulations, one of the proposals of Ho Chi Minh City government is "suspending business activities of real estate firms for up to 12 months."
Draft rules on property firms’ international bond issuance contested
PolicyThe National Assembly (NA) Standing Committee has expressed concern over regulations in the draft revised Securities Law allowing local real estate companies to issue bonds on the international market.
Property enterprises head over heels in debt
MarketExperts predict 2019 will be an extremely tough year for the Ho Chi Minh City’s real estate industry, since only a few projects got approval; banks tightened credit into real estate; and legal procedures of projects developed on public lands are inspected. These difficulties have made debts of property firms become bigger, with an increasing amount of inventories.
