According to VinGroup’s semi-annual financial report, the Group currently owes a debt of up to VND461.474 trillion, equivalent to $19.2 billion. A number that can be said to be extremely large for the Vietnamese economy. This number is equivalent to…
At the end of June 2022, Vingroup’s group owned by Vietnamese billionaire Pham Nhat Vuong had a debt of VND376.6 trillion ($16.89 billion), 2.85 times higher than its equity. According to Vingroup’s consolidated financial statements for the second quarter of…
From an aid recipient, China has overtaken the United States to become the world’s largest donor and lender. Vietnam is one of many countries that borrow money from China, but few know the size of the debt, the purpose of…
