Vietnamese, Japanese firms shake hands in affordable housing project in Long An

The Vietnamese real estate developer Nam Long Group has partnered with Japan's Nishi Nippon Railroad Co. Ltd in the EHome Southgate housing project in the Mekong Delta province of Long An.
Vietnamese, Japanese firms shake hands in affordable housing project in Long An ảnh 1The EHome Southgate project in the Southgate subdivision of Waterpoint is opposite the shopping service complex and the Bus Interchange transport center in the new urban area. (Photo: Nam Long)
HCM City (VNA) – The Vietnamese real estate developer Nam Long Group has partnered with Japan's NishiNippon Railroad Co. Ltd in the EHome Southgate housing project in the Mekong Deltaprovince of Long An.

In its announcementon July 29, Nam Long Group said that this is the first time the Japanese firmhas teamed up with the company in developing an affordable housing project withthe price of an apartment at about 1 billion VND (43,565 USD).

Tran Xuan Ngoc, General Director of the Nam Long Group, said thatalthough the EHome products do not bring Nam Long as much profit as thosebelonging to other segments. The firm is delighted to share with Nishi NipponRailroad a common mission and vision in creating the valuable living environment and products for the community.

Meanwhile, Fukumori, chief representative of Nishi NipponRailroad, said that Nam Long and Nishi Nippon Railroad have jointly developedsix projects from small to large scales.

EHome is a highly appreciated affordable apartment productline of Nam Long. This product line has an average price of about 1 billion VND with three core values: Economy (affordable), Ecology (green livingenvironment), Efficiency (effective design).

Nam Long introduced the product line for the first time in2007. Since then, EHome has realized the dream of having a house for 5,000households with income of 10-15 million VND per month.

The EHome Southgate, which covers 4.5 hectares of land inthe area, was designed to have seven apartment blocks, equivalent to more than1,400 apartments. The project is expected to have a synchronous utilityinfrastructure system and easily connect to the infrastructure of the competed WaterpointRiver area.

Online sales of the project will start in the thirdquarter this year./.
VNA

See more

In 2025, Goertek will invest in a new project and bring more experts and new technology equipment to Vietnam. (Photo: Goertek)

Vietnam expects big FDI wave in 2025

More than 4.33 billion USD in foreign investment was registered in Vietnam in January, an increase of 48.6% compared to the same period last year.

The Lao Bao border gate, Huong Hoa district, Quang Tri province. (Photo: VNA)

Nearly 200 projects registered in Quang Tri's IPs

Two economic zones and two industrial parks in the central province of Quang Tri have so far attracted nearly 200 investment projects, with a total registered capital exceeding 172.4 trillion VND (6.78 billion USD) and a planned land use of over 5,978ha.

At the meeting (Photo: VNA)

PM urges business leaders to drive economic growth

Prime Minister Pham Minh Chinh encouraged businesses to actively engage in large-scale national projects, such as the North-South high-speed railway, standard-gauge railways connecting with China, urban railways, and the nuclear power project.

Production at Minerals Holding Corporation in Lao Cai province. (Photo: VNA)

Vietnam’s industrial production inches up 0.6% in January

According to Director of the GSO’s Industry and Construction Statistics Department Phi Thi Huong Nga, Vietnam could achieve breakthrough industrial growth in 2025 and beyond by leveraging its advantages and accelerating digital and green transformation as well as meeting the increasingly stringent requirements of the international market.