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No respite for Vietnam developers with debt maturities looming

The Edge Markets LogoThe Edge Markets2 mo ago

No respite for Vietnam developers with debt maturities looming - The Edge Markets

Quick Summary:

Shares in No Va Land Investment Group Corp and Phat Dat Real Estate Development Corp both went limit down Thursday, marking at least 17 straight days of declines.

(Nov 24): The worst may not be over yet for Vietnamese developers besieged by a sweeping regulatory crackdown, as a funding squeeze and a historic stock meltdown show few signs of easing.

Vietnam’s broader financial woes, including rising inflation and a bulging debt pile, have weakened foreign investors’ appetite for the country’s assets across the board.


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Article Details

Category: InvestingFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-24 @ 16:06:44 (2 months ago)

News Timezone: GMT +8:00

Ranking: #98 (out of 2759 stories this day)

News Source URL: news.google.com

Language: English

Article Length: 520 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Edge Markets

News ID: 1913290

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About The Edge Markets

The Edge Markets Logo

Main Topics: InvestingFinance

Official Website: theedgemarkets.com

Update Frequency: 12 posts per day

Year Established: 1994

Headquarters: Malaysia

News Last Updated: 10 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #17

Publisher Details

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The story "No respite for Vietnam developers with debt maturities looming" has 520 words across 18 sentences, which will take approximately 3 - 5 minutes for the average person to read.

Which news outlet covered this story?

The story "No respite for Vietnam developers with debt maturities looming" was covered 2 months ago by The Edge Markets, a news publisher based in Malaysia.

How trustworthy is 'The Edge Markets' news outlet?

The Edge Markets is a fully independent (privately-owned) news outlet established in 1994 that covers mostly investing and finance news.

The outlet is headquartered in Malaysia and publishes an average of 12 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #1913290
  • URL: https://beamstart.com/news/no-respite-for-vietnam-developers-16693063393318

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