In 2007, the group restructured and consolidated its subsidiaries into Anova Corporation, operating in animal feed, farm, veterinary medicine, vaccines, and advancing towards establishing a value chain providing high-quality nutritious food; and Novaland Group, active in real estate with the mission of “creating community, building destinations, and cultivating happiness”.
In 2020, NovaGroup further restructured its strategy to become an economic group based on three pillars: Novaland Group, Nova Services Group, and Nova Consumer Group, operating in real estate, trade and services, and agriculture and consumer goods. With these pillars, NovaGroup has gradually perfected its ecosystem to serve customers and the community through a complete, high-quality value chain.
Novaland Group: The key player in the NovaGroup ecosystem. Besides developing residential real estate in downtown Ho Chi Minh City, Novaland also ventures into other types of real estate such as tourism township areas and satellite urban property.
Many projects developed by Novaland are gradually taking shape and leading the market trend, strongly affecting urban and tourism development, such as Aqua City Eco smart city in the east of Ho Chi Minh City in Dong Nai, NovaWorld Phan Thiet in Binh Thuan, and NovaWorld Ho Tram in Ba Ria-Vung Tau. In Binh Thuan province in particular, Novaland is coordinating with the Michael Dukakis Institute and international organisations to transform Phan Thiet city into the world’s leading destination for meetings, incentives, conferencing, exhibitions, and wellness tourism.
Nova Services Group: Focusing on the key areas of health, education, tourism, entertainment, and retail, with core member companies such as Nova Education Group, Nova Healthcare Group, Nova FnB, Nova Hospitality, and NovaDreams. Nova Services Group cooperates with strategic partners and world-famous brands.
Nova Consumer Group: Anova Corporation changed its name to Nova Consumer Group and leveraged the strengths of the NovaGroup ecosystem to develop consumer goods industries. It is expected to be listed on the Ho Chi Minh City Stock Exchange by the end of 2021.
At the same time, the group will invest in the food sector to continue perfecting its closed 3F supply chain to provide traceable, quality products. It aims to contribute to the industrialisation and modernisation of the agricultural sector, in line with the strategy being promoted by the government.
" The COVID-19 pandemic has turned the world upside down. It not only creates enormous challenges for the community, but also helps us realise the positive values in life.
Novagroup marked its 29th anniversary on September 18 in very unique circumstances. During social distancing, our employees have worked tirelessly day and night to speedily complete quarantine zones, field hospitals, and intensive care centres for COVID-19 patients, organised vaccinations, and helped with a zero-VND supermarket programme to bring food to the needy in quarantine and lockdown areas. Our people also prepare nutritious meals with love for frontline doctors and nurses, sparing no effort to spread love.
The pandemic shall pass, and everyone’s efforts will be rewarded and normal life will return. With that, NovaGroup looks forward to continuing its journey with the mission of improving lives and creating a prosperous, happy community. "
BUI THANH NHON
Chairman of NovaGroup
Contributing to making Vietnam a developed country by 2045
Novaland Group is one of the reputable companies in the field of real estate investment and development, creating tourist destinations. As of June 30, the group’s total assets reached nearly $7.46 billion. Novaland Group has been building a reputation in the international capital market - in July, the group successfully issued $300 million of international convertible bonds listed on the Singapore Stock Exchange.
With a vision to become a developed country, Vietnam needs large-scale, sustainable corporations that can compete internationally. Under the development strategy for 2021-2025 with a vision towards 2030, NovaGroup aims to develop dozens of satellite townships and mega-tourist townships in 30 provinces and cities and nine regional entertainment zones.
It is expected that 36 million customers will use the services of Nova Services Group by 2025. Meanwhile, Nova Consumer Group will develop more than 250,000 points of sale for its fast-moving consumer goods products in the country and for export to the wider world. With respect to education and health, Nova Services Group expects to provide training to 20,000 students and 3,000 nurses, as well as organising 300,000 medical visits by 2025. Along with the core values of efficiency, integrity, and professionalism, NovaGroup is gradually completing its mission to improve lives and create a prosperous, happy community.
Incorporating business and community interests
Being heavily impacted by the pandemic, NovaGroup remains well aware of its corporate social responsibilities (CSR). Besides maintaining efficient business operations, the group takes good care of its employees. It has also been carrying out numerous CSR activities for the community, such as building schools and bridges in border areas, sponsoring the Development Fund of the National University of Ho Chi Minh City, donating houses of gratitude, building community cultural centres, organising waste clearance campaigns, implementing the “Clean Water for Schools” programme for 346 schools at all levels, and taking care of disadvantaged families during the Lunar New Year holiday.
In particular, NovaGroup’s scholarship fund, Teacher Phan Thi Nhe, has been accompanying poor pupils for 16 years.
|Novaland Group has completed and handed over HCMCs tenth Covid-19 field hospital. |
Since the early days of the COVID-19 outbreak, NovaGroup’s employees and leaders have worked together to fight the pandemic through many urgent actions. Specifically, the group has donated ambulances and specialised medical equipment such as continuous dialysis machines, ventilators, isolation rooms, and PCR testing machines, among others.
|The Zero-dong Supermarket program of NovaGroup has brought more than 200,000 gift sets to the needy in HCMC |
The group quickly completed the construction of concentrated quarantine areas, field hospitals, and intensive care centres for COVID-19 patients. It also launched a zero-VND supermarket chain to bring food to the needy in quarantine and lockdown areas.
|Novaland Group has completed and handed over the intensive care centers for Covid-19 patients at HCMCs second Covid-19 field hospital. |
NovaGroup is confident in bringing jobs and income to hundreds of thousands of employees in the provinces and cities where the group invests and develops projects. It will bring more than a million homes to people; create many of the world’s leading tourism destinations, contribute to activating the local economy, and accompany the government in the fight against COVID-19.
On the occasion of our 29th anniversary, NovaGroup and all employees would like to express our deep gratitude to our valued customers, shareholders, partners, and agents for their unwavering trust and support to the Group.
Wishing you all health, success, and happiness!
BUI THANH NHON
Chairman of NovaGroup