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Vingroup named most prestigious real estate investor

Released at: 09:05, 12/04/2016 What's on

Vingroup named most prestigious real estate investor

Vietnam Report honors Vingroup as the stand-out performer in the country's real estate sector.

by Thien Huong

The "Vietnam Economic Prospects and Growth Report 2016" from the Vietnam Report JSC has named Vingroup at the top of its list of the Top 10 most prestigious real estate investors in Vietnam in 2016. The group has invested in a series of urban-scale projects in the country: Times City, Royal City, Vinhomes Riverside and Vinhomes Gardenia, as well as Vinhomes Central Park, Vinhomes Dragon Bay and a number of retail projects.

Following Vingroup on the list were other reputable investors such as Hoa Phat, Novaland, Phu My Hung, and Him Lam.

Its ranking of the Top 10 most prestigious real estate investors in 2016 is the latest from Vietnam Report and based on the results of its independent and objective research, with the main criteria including financial capacity, business credibility in the media, the quantity and quality of projects, and the ratio of successful transactions.

The superiority of Vingroup’s property products lies in its commitment to guaranteeing construction progress and quality. Urban areas bearing the name Vinhomes take the lead in setting up a tight security system and a modern fire protection system to ensure a safe living environment for residents.

The recognition of Vingroup’s development confirms its prestige and importance in the market. Last year the group’s Vinhomes was also chosen by the London-based Brand Finance as one of the Top 10 most valuable brands in Vietnam and was the only real estate representative on the list. Euromoney magazine also named it as Best Developer Overall, Best Developer of Hotel/Leisure, and Best Developer Mixed, at the Vietnam Property Awards 2015.

The group’s three urban areas - Times City, Royal City and Vinhomes Riverside - were also voted the Top 3 most habitable urban areas in Vietnam in 2015 by the Investment newspaper.

Receiving a host of awards from prominent organizations reaffirms the scale and stature of Vingroup, as well as its leading position in Vietnam’s property market.

Besides ranking among the Top 10 most prestigious real estate investors in 2016, Vietnam Report has also placed Vingroup at the top of other lists, including the Top 10 highest taxpayers in Vietnam and the Top 5 largest Vietnamese private enterprises.

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