Capitaland Tower, the developer of the Saigon Marina IFC tower in the prime Ba Son area, reported a loss exceeding 2.7 trillion VND in the first half of the year.
In the first 8 months of the year, real estate companies bought back more than 42,500 billion VND worth of bonds ahead of schedule, a 47% increase compared to the same period last year.
Corporate bond issuance reached 58.6 trillion VND in August, driven by banks and real estate companies raising capital for refinancing and medium- to long-term resource replenishment.
Bong Sen Corp, part of Truong My Lan's business network, continues to report losses in the first half of the year, bringing total accumulated losses to over 3 trillion dong.
