Viglacera attracts nearly 15 billion USD in FDI
Viglacera Corporation JSC, the largest real estate and building materials group in Vietnam, has developed 11 industrial parks in Vietnam and one economic zone in Cuba, attracting nearly 15 billion USD worth of foreign direct investment from more than 300 enterprises.
Viglacera's stall at a trade fair (Photo: VNA) Hanoi, (VNA) – Viglacera Corporation JSC, the largest real estate and building materials group in Vietnam, has developed 11 industrial parks in Vietnam and one economic zone in Cuba, attracting nearly 15 billion USD worth of foreign direct investment from more than 300 enterprises.
The corporation’s IPs offer clean land and modern infrastructure, meeting enterprises’ needs and diverse options for investors.
Viglacera is continuing to expand investment in industrial real estate to strengthen its position as one of the leading operators of industrial property and workers’ housing.
The corporation said in 2022, it will also invest in social housing, housing for workers as well as resort property while improving service quality.
Real estate contributed 1.03 trillion VND (45.61 million USD) in pre-tax profit to the corporation’s business result in 2021, surpassing target by 22 percent and up 326 billion VND from 2020./.
You should also see
Vietnam urged to build legal corridor for AI industry
Vietnam needs a policy on artificial intelligence (AI) to help this industry develop strongly, while minimising risks, according to insiders.
See more
Business
Mining Vietnam 2024 opens in Hanoi
The 6th International Mining and Minerals Recovery Exhibition for Vietnam (Mining Vietnam 2024) kicked off in Hanoi on April 24.
Business
Standard Chartered revises down Vietnam’s GDP growth forecast in 2024 to 6%
Standard Chartered Bank has lowered Vietnam’s GDP growth forecast in 2024 to 6% from the previous 6.7% due to lower-than-expected Q1 growth and global trade headwinds.
Business
Auction for gold bullion to continue on April 25
Another bidding session for 16,800 taels of gold bullion will be held on April 25, the State Bank of Vietnam said in a statement.
Business
Over 20,000 products exhibited at Global Sourcing Fair Vietnam 2024
The Global Sourcing Fair Vietnam 2024 hosted by Global Sources kicked off in Ho Chi Minh City on April 24 with the participation of over 400 Vietnamese exhibitors and those from other Asian nations who are showcasing over 20,000 export-standard products across various industries.
Business
Vietnam attends Asia’s biggest food, hospitality expo in Singapore
Five Vietnamese enterprises operating in the fields of food and hospitality are attending the Food & Hotel Asia (FHA) 2024 which is taking place in Singapore from April 23-26.
