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| Many bonds are about to mature this year and overdue bonds are putting great pressure on real estate businesses. Photo chinhphu.vn |
HCM CITY The pressure of maturing bonds is still weighing heavily on real estate businesses in the HCM City, forcing these businesses to find solutions to restructure debt.
The fact that these real estate businesses are forced to transfer or divest capital from real estate projects in order to restructure debt has made the real estate market in the city become more vibrant recently.
VRC Real Estate and Investment Joint Stock Company is transferring part or all of the compensated land area of an urban area project in Nh B District. It is expected that the company will get at least VN747 billion (abou…
Read the full article at: https://vietnamnews.vn/economy/1659370/real-estate-businesses-seek-restructuring-of-overdue-coming-due-bonds.html