Novaland Investment Group, one of Vietnam’s largest real estate firms, is in talks to raise fresh funds to repay some outstanding bonds as it plots a return to profitability by resuming stalled projects.
Novaland Investment Group, one of Vietnam’s largest real estate firms, is in talks to raise fresh funds to repay some outstanding bonds as it plots a return to profitability by resuming stalled projects.
Vietnam has faced extreme storm after extreme storm this year, including one that nearly set a global rainfall record. The disasters have left the country and its scant defenses reeling. Today’s newsletter looks at the costly challenges Vietnam faces in adapting to climate change, a problem other nations are also grappling with.
Vietnam has faced extreme storm after extreme storm this year, including one that nearly set a global rainfall record. The disasters have left the country and its scant defenses reeling. Today’s newsletter looks at the costly challenges Vietnam faces in adapting to climate change, a problem other nations are also grappling with.
People navigate a flooded street on boats during heavy rains in Hoi An on Oct. 30. Photographer: NHAC NGUYEN/AFP
Vietnam has been pounded by a series of deadly disasters and historic floods this year that have racked up at least $3 billion in losses and exposed the nation’s flimsy climate defenses, just as another storm bears down on the region.
Vietnam has been pounded by a series of deadly disasters and historic floods this year that have racked up at least $3 billion in losses and exposed the nation’s flimsy climate defenses, just as another storm bears down on the region.
A woman rows a boat on a flooded street following heavy rains in Hoi An on Oct. 30.
Heavy rainfall has unleashed deadly floods across Southeast Asia, damaging crops and stranding tourists, with more downpours expected into early next week.
Heavy rainfall has unleashed deadly floods across Southeast Asia, damaging crops and stranding tourists, with more downpours expected into early next week.
Flood waters in Hat Yai, Songkhla province, Thailand, on Nov. 25.
In the heart of Ho Chi Minh City, a sprawling complex of nearly 3,800 abandoned apartments, originally earmarked for families who’d been moved off their land, is back on the market after four failed auction attempts.
In the heart of Ho Chi Minh City, a sprawling complex of nearly 3,800 abandoned apartments, originally earmarked for families who’d been moved off their land, is back on the market after four failed auction attempts.
Abandoned apartments in Ho Chi Minh City. Photographer: Cao Ban/Bloomberg
The death toll in Vietnam from days of severe flooding has climbed to 43 as heavy rain drenches coffee-producing regions in the central highlands and waters remain high in some tourism areas.
The death toll in Vietnam from days of severe flooding has climbed to 43 as heavy rain drenches coffee-producing regions in the central highlands and waters remain high in some tourism areas.
Floodwaters in Nha Trang, Khanh Hoa province, Vietnam, on Nov. 20. Photographer: Duc Thao/AFP/Getty Images
The death toll in Vietnam from days of severe flooding has climbed to 43 as heavy rain drenches coffee-producing regions in the central highlands and waters remain high in some tourism areas.
The death toll in Vietnam from days of severe flooding has climbed to 43 as heavy rain drenches coffee-producing regions in the central highlands and waters remain high in some tourism areas.
Floodwaters in Nha Trang, Khanh Hoa province, Vietnam, on Nov. 20. Photographer: Duc Thao/AFP/Getty Images