54 excellent estate businesses, projects honoured

A total of 54 businesses and projects were honoured with the Vietnam Property Awards 2018 in Hanoi on April 14 in recognition of their significant contributions to the development of the real estate market in Vietnam.
54 excellent estate businesses, projects honoured ảnh 1Vingroup, Sun Group, and FLC Group were among the winners of the prestigious real estate developer awards (Photo: VNA)


Hanoi (VNA)
– A total of 54 businessesand projects were honoured with the Vietnam Property Awards 2018 in Hanoi onApril 14 in recognition of their significant contributions to the developmentof the real estate market in Vietnam.

The awards were launched by the Vietnam RealEstate Association (VNREA), the Management Agency for Housing and Real EstateMarket under the Ministry of Construction and the VTV24 news centre.

Speaking at the award ceremony, Deputy PrimeMinister Trinh Dinh Dung said after a period of decline, the real estate markethas recovered and developed strongly with high liquidity and reasonablestructure, helping modernise urban areas.

Particularly, the increasing areas of socialhousing projects have created accommodations for nearly 500,000 low-incomepeople and workers at industrial parks, he said.

The awards encouraged domestic businesses to enhancecorporate social responsibility, competitiveness and develop trademark to meetinternational standards, he added.

To ensure sustainable and healthy development,it is necessary to improve relevant institutions, revise and supplement termsof the laws on construction, housing, and real estate business, and build a lawon urban management and development to create a legal corridor and favourableenvironment for property investment and development, Dung said.

Planning schemes on urban development should berevised to avoid spontaneous investment, he said, adding that the developmentof social housing projects is needed to ensure all people could afford safe andquality accommodation.

According to VNREA President Nguyen Tran Nam,after four months of launching, hundreds of businesses registered to join thecompetition - which was divided into eight categories, including prestigiousreal estate developer (11 awards), best urban area (6 awards), best resortdevelopment (5 awards), best office building for rent and shopping mall (3awards), best residential area (10 awards), best green building (6 awards),best real estate transaction floor (7 awards) and best social housing project(6 awards).

Vingroup, Sun Group, and FLC Group were amongthe winners of the prestigious real estate developer awards, while the best urbanprojects were Ecopark, Phu My Hung (Ho Chi Minh City), Phu Long – Dragon City(HCM City), Ciputra – Udic (Hanoi), Lakeview City (HCM City), and VinhomesRiverside (Hanoi).

The best resortdevelopment awards went to FLC Quy Nhon Beach & Golf Resort (Binh Dinhprovince), Premier Village Da Nang Resort, Novotel Phu Quoc Resort-NovotelVillas (Kien Giang province), Silk Path Sa Pa Resort & Spa (Lao Caiprovince), and Flamingo Dai Lai Resort (Vinh Phuc province).

The Eurowindow OfficeBuilding and Vincom Centre in Hanoi and HCM City-based Cantavil Premier won thebest office building for rent and shopping mall awards.

In 2017, the real estatemarket in Vietnam saw positive changes in all segments. In the capital city ofHanoi and the southern economic hub of Ho Chi Minh City alone, there were64,263 successful deals. A range of new products such as condotel, officeteland hometel were developed, making the real estate market in the SoutheastAsian country more attractive.-VNA

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