Vietnam Market Weekly Report

Masan Group (MSN) successfully secured a $750 million international syndicated loan with 15 banks, at a competitive interest margin of 1.8%, reducing from 3.5% three years ago.

Masan Group (MSN) successfully secured a $750 million international syndicated loan with 15 banks, at a competitive interest margin of 1.8%, reducing from 3.5% three years ago. The proceeds will be used for refinancing and financial reserves.

Phat Dat Real Estate (PDR) is seeking shareholder approval to acquire a 35% stake in LOTTE PROPERTIES HCMC CO., LTD.

Phat Dat Real Estate (PDR) is seeking shareholder approval to acquire a 35% stake in LOTTE PROPERTIES HCMC CO., LTD. for about VND 10,400 billion (approx.

Masan Group (HOSE: MSN) successfully closed a $750 million unsecured syndicated international loan with 15 banks, featuring a reduced interest margin of 1.8% (down from 3.5% in 2023) and a 6-year tenor.

Masan Group (HOSE: MSN) successfully closed a $750 million unsecured syndicated international loan with 15 banks, featuring a reduced interest margin of 1.8% (down from 3.5% in 2023) and a 6-year tenor. Proceeds will refinance existing debt ($490M) and provide financial flexibility ($260M), saving about $4.4 million in annual interest costs.

PDR's subsidiary, Cao Oc Binh Duong, plans to transfer its entire 99.9% stake in Cao Oc Hoa Phu for at least VND 3,000 billion.

PDR's subsidiary, Cao Oc Binh Duong, plans to transfer its entire 99.9% stake in Cao Oc Hoa Phu for at least VND 3,000 billion. PDR also approved the transfer of its 99.34% stake in Serenity Investment, developer of the Serenity Phuoc Hai project.

Phat Dat Real Estate (PDR) seeks shareholder approval to acquire a 35-50% stake in Lotte Properties HCMC, the developer of the Thu Thiem Eco Smart City project, for approximately VND 10,400 billion (about USD 416 million).

Phat Dat Real Estate (PDR) seeks shareholder approval to acquire a 35-50% stake in Lotte Properties HCMC, the developer of the Thu Thiem Eco Smart City project, for approximately VND 10,400 billion (about USD 416 million). The company has already paid a VND 900 billion deposit.

The State Bank of Vietnam (SBVN) continued net withdrawal of VND 4,691.27 billion from the banking system on June 10, while overnight interbank VND rates fell 40 bps to 4.90% per year.

Vietbank received State Bank approval to increase its charter capital by nearly VND 4,779 billion through share issuance from retained earnings, a rights offering, and an ESOP program, raising total capital from VND 10,769 billion to about VND 15,548 billion.

The Ministry of Industry and Trade issued a directive requiring fuel traders to ensure continuous supply of E10 biofuel, with a mandatory nationwide blending ratio starting June 1, 2026.

The State Securities Commission fined Van Huong Investment and Tourism JSC (DRGC) and Dai Duong Renewable Energy JSC (OREC) 92.5 million VND each for information disclosure violations.

Habeco Quang Binh (BQB) was placed under warning status on UPCoM due to its equity falling below the required minimum of 30 billion VND, with accumulated losses of nearly 44.4 billion VND.

Habeco Quang Binh (BQB) was placed under warning status on UPCoM due to its equity falling below the required minimum of 30 billion VND, with accumulated losses of nearly 44.4 billion VND. The company, a subsidiary of Habeco (BHN), has outlined remedial measures including cost control and financial restructuring.