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.
On October 17 in Hanoi, the Investment Promotion Seminar to Quang Tri Province was attended by local leaders who said they are willing to roll out the red carpet for investors.
Delivering speech at the seminar, which was hosted by the Ministry of Planning and Investment, Nguyen Duc Chinh, Chairman of Quang Tri Provincial People’s Committee said that in order to exploit the economic potential of the province, Vietnam’s Prime Minister signed off on a South East Economic Zone of with a total area of 23,792ha along the coast of Quang Tri on September 16, 2015.
The Southeast Economic Zone of Quang Tri is a multi-sectoral economic zone is located near Bao Vang Mine – a potential source of gas power for processing products for export.
In order to create the most favorable conditions for all investors, Chinh pledged to shorten the time to issue investment decision for investors; provide good support for site clearance; apply the maximum incentive policy for enterprises in the framework of the Government's regulations on tax exemption and reduction, land and water surface rent, land law and environmental protection.
Chinh also promised a steady and sufficient supply of water and electricity. Water supply system will be constructed for investment projects in urban areas, industrial parks and economic zones. The clear land bank is allocated for investors to build housing for workers. Labors and labor training facilities will be sufficiently offered to investors in the 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.