Tag: Happy Banking

Lộc Trời Group has secured a VND 250 billion loan from its subsidiary and affiliated entities. Meanwhile, Phat Dat Real Estate has approved the transfer of its entire stake in Bac Cuong Investment Corporation, setting a minimum sale price of VND 1.1 trillion.

The Ministry of Industry and Trade currently stands as the largest shareholder of the Vietnam Engine and Agricultural Machinery Corporation (VEAM), holding nearly 1.18 billion shares, which equates to an 88.5% stake in VEAM’s chartered capital. From the upcoming dividend distribution, the Ministry is set to receive approximately VND 5.5 trillion.

After a prolonged period of stagnation, the IFC One Saigon project may see a new development as Ms. Truong My Lan, from her prison cell, has submitted a request to the Ho Chi Minh City People’s Committee to resume investment.