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.
Several companies associated with property developer Vạn Thịnh Phát, whose chairwoman is currently facing trial for financial fraud, have been fined for fraud related to bond issuance and trading worth trillions of Vietnamese đồng.
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The bond market experienced a noticeable improvement in the latter half of 2023, but businesses still face challenges when it comes to issuing bonds in 2024.
Aiming to develop numerous high-quality, diverse and unique products to attract domestic and international tourists, the province has been conducting the project building rural tourism sites linked with the construction of new rural areas during the period 2021-2025 in two villages – Phiêng An and Chúa Lải.