Multiple companies associated with property developer Vạn Thịnh Phát, whose chairwoman has been sentenced to death for financial fraud, have accumulated a total of VNĐ52.4 trillion (over US$2 billion) in bond debt, with more than 30 per cent of the amount currently overdue for repayment.
Habeco’s leaders attributed the negative profits to a decrease in financial revenue caused by lower deposit interest rates, resulting in a 16 per cent decline to nearly VNĐ38 billion.
In the four months, Việt Nam shipped abroad $10.44 billion worth of agricultural products, a year-on-year rise of 32.5 per cent; $5.18 billion of forestry products, up 22.8 per cent; and 2.68 billion of aquatic products, up 4.2 per cent.