The Vietnam Report JSC and online newspaper VietNamNet held a ceremony in Hanoi on November 6 to announce the Profit500 2019 list.
A developer and top property brokerage is among four firms from Vietnam to make it to Forbes Asia’s Best Under A Billion list.
Real estate firms need to scale up efforts to cope with more stringent lending requirements from banks from this year as well as the upcoming influx of new supply.
Investors are seeking alternative opportunities in central coastal cities like Danang and Nha Trang, given the high property prices in Hanoi and Ho Chi Minh City.
SynGience, a financial group from Singapore, signed a contract on April 10 with Minh Nguyen Long company and L&L-Luckyland company on the development of a property project worth VND400 billion (US$17.3 million) in Ho Chi Minh City.