Cen Land transforms into real estate developer with bold goals
Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
Golf legend Greg Norman has inked a deal with Nutifood to promote Vietnamese coffee in international markets.
The Greg Norman Nutifood joint venture will be set up in New York, with the Vietnamese nutrition company contributing 70 per cent and Greg Norman the remaining.
Nutifood will be in charge of researching, producing and distributing coffee products, while Norman will provide the copyright and licenses for this joint venture to use his brand, images and “The Great White Shark” logo on NutiFood’s coffee products.
The joint venture will open Greg Norman NutiCafé coffee chains in Vietnam and other Asian countries first before expanding to the US.
Nutifood chairman Tran Thanh Hai said the company’s research and production strengths will be combined with Norman’s international prestige to help Vietnamese coffee, especially iced milk coffee, stretch its reach to the world.
Novaland chairman Bui Thanh Nhon is reported to introduce Greg Norman to Nutifood.
Novaland is a premier real estate developer based in Ho Chi Minh City and has signed with Greg Norman to develop four golf course in Can Tho, Ba Ria Vung Tau and Binh Thuan provinces at total development costs of $100 million.
Known as The Great White Shark, Greg Norman has won 91 international tournaments, including 20 PGA Tour tournaments and two majors namely The Open Championships in 1986 and 1993.
Greg Norman Golf Course Design has opened three golf courses in Vietnam, The Bluff Ho Tram Strip in Ba Ria Vung Tau province, BRG Golf Club in Danang and the newly-opened KN Golf Links in Khanh Hoa province.
Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.
Menas Group has entered a strategic partnership with Keppel to co-develop an integrated ecosystem of lifestyle services across Keppel’s real estate projects in Vietnam, beginning with the landmark Celesta City development in Saigon South.
Phuc Sinh’s expansion underscores Vietnam’s growing role in sustainable agriculture and its increasing appeal to global investors
PVI Asset Management (PVI AM) and SonKim Capital (SK Capital), a business unit of SonKim Group has announced a strategic collaboration to develop innovative real estate investment products tailored for institutional investors and high-net-worth individuals.
Filum AI has successfully raised $1 million in funding despite a challenging venture capital market, underscoring the potential of AI and shifting investment strategies.
Enterprises are advised to promptly assess and evaluate the impact of the changes in the newly-issued to ensure timely compliance in the upcoming tax finalization period.