Real Estate


Commercial banks tighten real estate lending

Some banks have temporarily stopped providing loans to the real estate sector in the short term thanks to State Bank of Vietnam (SBV)'s policy on controlling credit growth in risky areas.


IFC subscribes to buy about $44 mln bond to be issued by real estate developer Nam Long

IFC has subscribed to a VND1 trillion (about $44 million) bond to be issued by Nam Long Investment Corporation, a leading housing developer in Vietnam.


Banks deny involvement in Tan Hoang Minh's bond issuance scandal

Vietinbank and Saigon Hanoi Commercial Joint Stock Bank said that they do not provide securities and payment guarantee services, do not invest and distribute bonds issued by Tan Hoang Minh Group.