From Hoa Phat, The Gioi Di Dong to PV Gas, why do people with lots of cash still borrow from banks?

From Hoa Phat, The Gioi Di Dong to PV Gas - a series of stock market giants, despite having excess cash, continue to borrow tens of thousands of billions of dong. It may sound paradoxical, but this is a carefully calculated financial strategy to optimize capital costs.

Many businesses with plenty of cash still borrow from banks.

Nhat Quang

Source: https://tuoitre.vn/tu-hoa-phat-the-gioi-di-dong-den-pv-gas-vi-sao-day-tien-mat-van-vay-no-ngan-hang-20251109101107168.htm