Vietnam Market Weekly Report

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) 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.

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.

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.

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.

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.

CII's convertible bond offering was oversubscribed by 324%, with total registration reaching over 8,100 billion VND, driving the stock up 6.71% to its ceiling price on June 10.

CII's convertible bond offering was oversubscribed by 324%, with total registration reaching over 8,100 billion VND, driving the stock up 6.71% to its ceiling price on June 10. The company also became a major shareholder of PC1 with a 5.77% stake.

VEAM is being back-taxed 18.4 billion VND and its stock is under warning due to three consecutive years of qualified audit opinions, including issues with inventory provisions, project costs, and unconfirmed receivables.

IPA was fined 65 million VND by the State Securities Commission for technical deficiencies in bond information disclosure, including incomplete reporting on bond fund usage and delayed periodic disclosures.

VEAM (VEA) received a tax back-tax notice from the Hanoi Tax Department for a 2010 violation, totaling over 18.4 billion VND (approx.

VEAM (VEA) received a tax back-tax notice from the Hanoi Tax Department for a 2010 violation, totaling over 18.4 billion VND (approx. 0.74 million USD) in back taxes and late payment fees.