Prioritising prestige in NovaGroup’s M&A strategy

Prioritising prestige in NovaGroup’s M&A strategy

Diversifying products, expanding ecosystems, and creating value chains are the goals that NovaGroup has been pursuing with its active merger and acquisition deals. VIR’s Ngoc Anh talked with Nguyen Thai Phien, deputy CEO of NovaGroup, about the corporation’s restructuring to become an investment and economic development group.
City’s history of underground development limps along

City’s history of underground development limps along

Ho Chi Minh City is facing a severe lack of parking lots, while underground parking projects considered the best option for solving traffic congestion are struggling to get around complicated administrative procedures as well as inconsistencies between investors and local authorities.
Berjaya proposes to revise $3.5 billion township plan

Berjaya proposes to revise $3.5 billion township plan

This project has been delayed since 2008 and currently remains in the process of land compensation and clearance.
Stability sought for Thu Duc city prices

Stability sought for Thu Duc city prices

The just-established Thu Duc city is already witnessing skyrocketing property prices, with hikes of around 30 per cent reminding local authorities of the need for special policies to manage the market.
Buyers warned over inaccurate info regarding Long Thanh land

Buyers warned over inaccurate info regarding Long Thanh land

Concerns have been raised on the land fever in surrounding areas of the future Long Thanh International Airport in the southern province of Dong Nai after construction started last week.
Land rental rise in industrial property

Land rental rise in industrial property

The increasing demand and the drying up of land banks in industrial zones has bumped up rental prices in first-tier property markets in Vietnam.
Locals express opinions on proposed Thu Duc city

Locals express opinions on proposed Thu Duc city

To seek the strongest backing from locals on establishment of the new Thu Duc city, Ho Chi Minh City People’s Committee is arranging vote of local residents to collect opinions on this issue.
Pandemic pushes proptech development to new highs

Pandemic pushes proptech development to new highs

Despite the COVID-19 pandemic rocking the boat, proptech startups are moving to provide multi-functional services to meet the increasing demand for online and remote trading and also receive new investments.
Creed Group steering away from An Gia role

Creed Group steering away from An Gia role

Despite being the long-term strategic partner and biggest shareholder, Japan’s Creed Group last week announced it was letting go of millions of shares from An Gia Real Estate Investment and Development Corporation after five years in partnership. 
CapitaLand continues award-winning work

CapitaLand continues award-winning work

CapitaLand is one of the biggest Singaporean developers in Vietnam, with more than 25 years experience in the country and thousands of quality homes in Vietnam’s biggest cities
1 2