Billionaire Pham Nhat Vuong has launched a new system that is expected to help Vinhomes bring in about $1.5 billion in 2021.

A KKR-led consortium has acquired a 6 per cent stake in the residential property developer Vinhomes JSC for US$650 million

After a brief hiatus, property companies have been resuming sales of developments and revealing their post-COVID-19 business plans since the beginning of May.

2020 is expected to be a tough year for real estate developers, but some real estate firms still have high hopes thanks to the large land holdings they own.

Vietnam has for the first time witnessed businesses making high profit of $1 billion. Reaching new heights, Vietnamese businesses now cherish more ambitious plans.

The Ho Chi Minh City property sector has in recent years attracted billions of dollars worth of foreign investment due to its growth potential, real estate consulting companies have said.

Most large-cap firms have released full-year earnings reports for 2019 with 29 companies reporting a pre-tax profit of more than VND3 trillion (roughly US$130 million).

Brokerages proposed different scenarios for the movement of VN-Index from now until the end of the year depending on the world's economic growth prospects.

Billionaire Pham Nhat Vuong has for the first time moved up to the top 200 of the Forbes’ rich list as of July 31.

As the State Bank of Vietnam (SBV) has ordered tight control over real estate loans by credit institutions, property firms and developers have to seek alternative ways to raise their capital.