Vietnam's Vingroup raises $1.3b from GIC via stake sale in units, loan

Vietnam's Vingroup raises $1.3b from GIC via stake sale in units, loan

The latest Vincom-branded shopping mall in Hanoi.

Vietnam’s biggest property developer Vingroup has raised $1.3 billion from Singapore’s wealth fund GIC by selling a stake in two units and through a loan.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter