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.
Vietnam is a newcomer in the field of auto production, Indonesian Ambassador told at the recently held forum, but has strong background and resources.
The Embassy of Indonesia in Vietnam held a forum in Hanoi on June 2 on promoting a partnership between Vietnam and Indonesia in the auto industry, bringing together businesses from both countries, the Vietnam News Agency reports.
Opening the event, Indonesian Ambassador to Vietnam, H.E. Ibnu Hadi, said the Indonesian auto industry has strengths in producing spare parts for SUVs, sedans and light trucks, adding that it also exports domestically-assembled vehicles from imported components.
Indonesia has a close partnership with Japanese automakers and is striving to be among the region’s largest auto producers.
Vietnam is a newcomer in the field, the Ambassador went on, but has a strong background and resources, and this forum is to boost cooperation between Vietnamese and Indonesian carmakers.
Mr. Doan Duy Khuong, Deputy Chairman of the Vietnam Chamber of Commerce and Industry (VCCI), noted that the large number of Indonesian auto companies at the forum is evidence of their interest in the Vietnamese market and its potential.
Mr. Nguyen Van, Deputy Chairman of the Hanoi Supporting Industries Business Association, said that Vietnam’s support industry is young and faces difficulties in accessing land, capital, and technologies.
The sector needs preferential policies to overcome these challenges, he added.
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.