Vietnam's real estate companies' funds drop to their five-year low
As of the end of September 2023, the 30 biggest real estate companies in Vietnam had just over VND15 trillion in cash on hand, which was the lowest amount in five years.
As of the end of September 2023, the 30 biggest real estate companies in Vietnam had just over VND15 trillion in cash on hand, which was the lowest amount in five years.
Many real estate developers are racing against time to put their housing units up for sale and introduce projects for the rest of the year after a property slowdown lasting for months.
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High-end coastal properties face inventory, liquidity issues
Funding, regulatory hurdles challenge Vietnam's developers long term