This ambitious target comes as the company anticipates substantial contributions from several key projects slated for unveiling in the latter half of the year
A consortium led by KKR that includes Temasek has completed the acquisition of an investment in Vinhomes Joint Stock Company, the leading integrated real estate developer in Vietnam.
Vinhomes has completed its acquisition of Delta JSC, a subsidiary of cosmetics and cleaning agents producer Daso Group, and Green City Development JSC, in July, to further reinforce its foothold in the real estate business.
In the first quarter, Techcombank’s lending growth has risen stoutly as the lender started to disburse home loans to buyers of the Vinhomes Sapphire project.
The first quarter saw the outstanding amount of local currency (LCY) corporate bonds reached some $4.34 billion, with growth declining 1.3 per cent quarter-on-quarter but rising 31.9 per cent year-on-year, according to ADB.
The Vincity Ocean Park mega township is luring interest from South Korean buyers.
Vinhomes Joint Stock Company of Vingroup recently unveiled its plan for the VinCity projects, in which VinCity will be built under “Singaporean standard - mega urban areas and more” model.
Vinhomes has just announced to invest around $22 million in the improvement of elements related to fire safety system and security measure for its urban areas.
Vinhomes with the code VHM's listing contributed to raising the market capitalization of Ho Chi Minh City Stock Exchange by about ten per cent.
The deal between Vinhomes and a Singaporean Government’s investment fund took effect on April 12th, 2018.
The giant land fund with prime locations and a comprehensive ecosystem are advantages that no real estate company in Vietnam has except Vinhomes.
