Wednesday , October 30 2024

Business

Business

Tan Hoang Minh to sell developments, refund bond buyers

Tan Hoang Minh to sell developments, refund bond buyers

Property developer Tan Hoang Minh Group, whose bond issuances worth VND10 trillion (US$437 million) authorities have canceled, said it would sell apartment projects to raise funds to refund investors. “We are selling them to refund investors as soon as possible,” Do Hoang Minh, acting chairman and CEO of the group, …

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Hanoi to open second night-time food zone

Authorities in Hanoi plan to launch its second food zone in Ba Dinh District in the fourth quarter of this year to boost its night-time economy. Ba Dinh District People’s Committee stated the entire Dao Ngoc-Ngu Xa area covering seven streets in Truc Bach Ward would be closed off from …

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Authorities freeze FLC ex-chairman’s asset

Authorities freeze FLC ex-chairman’s asset

The Ministry of Public Security has ordered localities to suspend all trading activities concerning FLC ex-chairman Trinh Van Quyet’s real estate and shares after arresting him for alleged stock manipulation. All details concerning assets held by him and his two sisters Trinh Thi Thuy and Trinh Thi Minh Hue, who …

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VN-Index dips as trading value hits nine-week low

VN-Index dips as trading value hits nine-week low

Vietnam’s benchmark VN-Index dropped 0.34 percent to 1,472.12 points Thursday with trading value plunging to the lowest since February 7. The index stayed in the green throughout the morning but it started to fall during the afternoon, closing 5.08 points lower. Trading value on the Ho Chi Minh Stock Exchange …

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