09:26 (GMT +7) - Tuesday 22/05/2018

Business

Kosy: 10-year journey of success

Released at: 18:01, 16/05/2018 Vietnam golden dragon awards & Vietnam Excellent Brand Awards

Kosy: 10-year journey of success

Photo: Kosy Group

Kosy Group now a major player in real estate after starting out in 2008.

by Ngoc Lan

Established in 2008, during its ten years in business the Kosy Group has gradually established relations with partners, customers and the market in general, becoming a multidisciplinary corporation with ten member units and associates and affirming its brand name.

Beginning in civil engineering, road construction, and education and training, at the end of 2011 the Kosy Group had made a name for itself after investing in real estate, which was its strategic direction.

The Kosy Group gradually became a prestigious real estate developer in provinces, with projects of note including Kosy Mountain View in Lao Cai, Kosy Song Cong urban area in Thai Nguyen, and Kosy Gia Sang urban area and Kosy urban area in Bac Giang.

It has also demonstrated its acumen with a unique investment strategy of focusing “from small provinces to large cities”, with the continued expansion of a series of real estate projects in the north and central region, such as the Kosy Hanoi urban area, the Kosy Viet Tri urban area in Phu Tho, the Kosy Nghe An urban area, and Kosy Ninh Binh urban area.

With a plan for sustainable development, the Kosy Group continues to expand its business scope, moving into new business fields such as hydropower in Lai Chau, solar power in Binh Thuan with a total capacity of 210 MW, and information technology applications for Industry 4.0.

At the end of 2017, the Kosy Group successfully listed its shares (Stock code: KOS) on UPCoM. According to its 2018 plan, it will move on to the Hanoi Stock Exchange (HNX) to increase its prestige and increase capital deployment in major projects.

The Kosy Group has actively expanded domestic and international cooperation in many regards, with financial partners including NextOne Japan, Bao Viet Bank, HSB, BIDV, and Vietinbank, and project distribution partners such as Danko Group, HGI Land, Hai Phat Land, Dat Xanh, and the CEN Group, to professionalize its business activities.

In order to continue to develop strongly in the future, the group needs to plan its strategy and consistently implement specific objectives, ensure strong capital sources, and complete and put into operation real estate, energy, hydropower, and information technology projects.

It also needs to focus on improving its management capacity and the quality of its human resources, strategic branding, and standards in its strategic management system in accordance with specific objectives.

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