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.
76 Japanese products which are mainly food, drinks, children's books, ice cream and candy will be displayed for sale in the system of convenience stores and trade centers in Vietnam.
Products of 26 Japanese companies will be displayed at all 250 Japanese convenience stores and four trade centers of Japan in Vietnam including FamilyMart, Ministop and four Aeon Mall shopping centers in Ho Chi Minh City, Binh Duong and Hanoi.
This is a part of the Japan Fair event held by the Japan External Trade Organisation (JETRO) to promote trade for Japanese agro-forestry- fishery products in other countries.
A representative of JETRO said that if the three-month Japanese Fair event produces the positive outcome, owners of these retail systems will continue ordering. Products were selected based on their affordability, high demand, and low local supply.
Also, the Japan Vietnam Festival will be held at the end of January 2018 in Ho Chi Minh City’s 23/9 Park in conjunction with Japan Fair event in order to support Japanese enterprises to get deeper access to Vietnam market.
This is the second time Japan Fair to be held in Vietnam. inThe first event taking place in November 2016, 78 products of 32 Japanese firms were chosen to be displayed in FamilyMart and Ministop convenience stores in Vietnam.
JETRO also regularly organizes programs to connect Japanese products with Vietnam market. Such Japanese products as fresh fruit, dried fruits, dried vegetables, instant noodles, processed seafood, beef have become more popular in Vietnam. Besides, Some Vietnamese enterprises have become wholesalers and retailers of Japanese products in Ho Chi Minh City and Hanoi.
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.