Many property developers are planning asset and stock sales as they look to slash debts, restructure business and stay afloat, which is expected to lead to a surge in M&A deals in the market.
In the current context of market volatility, many experts believe that it’s time for wise investors to pour money into a profit - making business, and NovaWorld Ho Tram - Long Island is a good choice.
NovaGroup Joint Stock Company (NovaGroup) has just registered to buy 8 million shares of No Va Real Estate Investment Group Joint Stock Company (Novaland) by a transfer of share ownership.
This 1,000ha project features hundreds of entertainment and shopping facilities, as well as healthcare, sports, and meeting services, suitable for both short and long holidays, M.I.C.E tourism, and wellness tourism.
Several major components of NovaWorld Phan Thiet entertainment and tourism complex, including the 36-hole PGA golf course cluster, will be put into operation at the end of this year, according to developer Novaland Group.
The northern province of Bac Ninh on August 24 held a meeting with a delegation of 50 local medical workers who will travel to Ho Chi Minh City to aid the southern hub's COVID-19 prevention and control work.
The luxury real estate model that includes a marina with high-class facilities has become a symbol of the life of the upper class for years. Many developed countries over the world have made their mark with this special model such as the Marina City in the US, Dubai Marina in the United Arab Emirates (UAE), and Marina Bay Sands in Singapore.
Despite the impacts of the COVID-19 pandemic, competition between coffee chains in Vietnam has become increasingly fierce with more giants trying to grab a slice of the lucrative market.
Giant property developer Novaland Investment Group Corporation (NVL) owned more than 4,894 ha of land bank by the end of 2020, with 1,394 ha in central Ho Chi Minh City and satellite urban areas, and 3,500 ha for resort projects.
The Government’s e-Portal Chinhphu.vn, Vietnam Television (VTV) Digital, and property developer Novaland signed an agreement on March 19 for cooperation in sustainable development, with focus placed on the planting of 10 million trees in several localities.
The success story of a start-up, Propzy, despite the challenges posed by COVID-19 surprised participants at a conference on technology being held in Ho Chi Minh City.
Tai Viet JSC - Vietstock and finance and life newswire Fili.vn released a list of local listed companies with the best investor relations (IR) on September 22.
Novaland Group has partnered with Minor Hotel to manage the first branded Avaniin HCMC – AvaniSaigon at The Grand Manhattan,which is a luxury apartment complex in District 1.
Novaland, one of the leading property developers in Vietnam, presented water purifying systems to schools in the south-central province of Binh Thuan’s Bac Binh district on June 30, which is facing a severe shortage of clean water.
After a brief hiatus, property companies have been resuming sales of developments and revealing their post-COVID-19 business plans since the beginning of May.
With their massive land funds and ample investment inflows for transport infrastructure development, the suburban cities surrounding Ho Chi Minh City are projected to become the next hotspot for investors and buyers
Novaland Expo, which closed in Ho Chi Minh City on December 8, made a strong impression on domestic and foreign customers and investors. The five-day event attracted nearly 20,000 visitors.
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