Vinhomes targets after-tax profit of $1.38 bln in 2024 as market warms up
Vinhomes, a major housing developer under private conglomerate Vingroup, targets to earn an after-tax profit of VND35 trillion ($1.38 billion) this year, up 4.4% year-on-year, given more positive signals from the local real estate market.
Companies - Wed, April 24, 2024 | 10:13 pm
No Vinhomes funding for VinFast: CEO
Vinhomes CEO Nguyen Thu Hang says the residential property development arm of Vietnam’s private conglomerate Vingroup has not provided financing for other companies in the group’s ecosystem, including EV-maker VinFast.
Companies - Wed, April 24, 2024 | 4:37 pm
Property giant Vinhomes targets $1.4 bln net profit in 2024
Vinhomes JSC, the real estate arm of Vietnamese private conglomerate Vingroup, is aiming to earn VND120 trillion ($4.78 billion) in revenue and VND35 trillion ($1.4 billion) in net profit this year, up 16% and over 4% respectively compared to 2023.
Companies - Thu, April 4, 2024 | 9:32 am
Vinhomes land portfolio at 18,152 ha for 30-year use: broker
Vinhomes JSC, the real estate arm of private conglomerate Vingroup, has a land portfolio of 18,152 hectares for developing property projects over 30 years, according to Shinhan Securities.
Real Estate - Wed, February 28, 2024 | 4:36 pm
Real estate giant Vinhomes eyes 300ha urban area in central Vietnam province
Vinhomes JSC, the real estate arm of Vietnamese private conglomerate Vingroup, has asked authorities in the central province of Nghe An to allow it to study the construction of a mega urban area in Vinh town.
Real Estate - Wed, February 28, 2024 | 1:45 pm
Vinhomes biggest net profit earner among Vietnam’s listed firms
Vinhomes, the housing development arm of private conglomerate Vingroup, earned a consolidated net profit of VND33.13 trillion ($1.36 billion) in 2023.
Companies - Thu, February 1, 2024 | 5:01 pm
Condo prices on the rise in Hanoi amid thin supply
Apartment prices in Hanoi continue going north, reaching up to VND100 million ($4,063) per square meter in the city’s west, given thin supply amid a struggling real estate market nationwide.
Real Estate - Thu, January 25, 2024 | 6:50 am
Vinhomes commences construction of Vietnam’s biggest social housing project
Real estate major Vinhomes on Thursday started construction on Vietnam's biggest ever social housing project in Khanh Hoa province.
Real Estate - Thu, January 11, 2024 | 10:43 pm
Vietnam real estate industry carries great M&A potential: execs
There is high potential for M&A transactions in Vietnam’s real estate sector across all segments, particularly industrial property, industry insiders said at a forum Tuesday.
Industrial real estate - Thu, November 30, 2023 | 7:00 am
PM nod recommended for $3 bln Mekong Delta urban area project
The Ministry of Planning and Investment has recommended that the Prime Minister approves a VND74,406 billion ($3.1 billion) mega urban area project in the Mekong Delta province of Long An.
Real Estate - Tue, November 21, 2023 | 8:13 am
Singapore CapitaLand announces $740 mln residential project in Hanoi
CapitaLand Development, the development arm of Singapore-headquartered CapitaLand Group, will begin construction of a high-end residential project in Hanoi in the first quarter of 2024.
Real Estate - Tue, November 7, 2023 | 2:51 pm
Resort real estate investment flows into Cam Ranh beach town
Resort real estate investors are gradually diverting their appetite from the world famous tourist destination Nha Trang to Cam Ranh town, both in the south-central province of Khanh Hoa, due to the latter's large potential to tap.
Real Estate - Sun, October 29, 2023 | 8:58 pm
Vinhomes subsidiary to build $1.15 bln urban area in Long An province
Green City Development JSC, a subsidiary of Vietnam's leading real estate developer Vinhomes, has been approved as the main investor for a VND28.2 trillion ($1.15 billion) new urban area project in Duc Hoa district, Long An province.
Real Estate - Sat, October 28, 2023 | 10:30 pm
Vietnam's largest private firm Vingroup posts record revenue of nearly $2 bln in Q3
Vingroup reported record revenue of VND47.95 trillion ($1.95 billion) in the third quarter of 2023, a year-on-year increase of 66.5%.
Companies - Wed, October 25, 2023 | 12:38 pm
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