Novaland land fund strategies underpin successes 11:16 | 05/05/2021
Novaland is utilising its financial might to produce top-class real estate projects across the country
Novaland is one of the most prominent brands portraying themselves as big land hunters. At its annual general shareholdersâ meeting, Bui Xuan Huy, CEO cum member of the Board of Nova Group, which owns Novaland, said that in the first quarter of this year, Novaland recorded a land fund of 5,400 hectares with gross development value of nearly $45 billion.
From its first Ho Chi Minh City project, Sunrise City in District 7 back in 2008, Novaland has successfully bagged 10 large-scale tie-up deals with a wide network expanding across the country, particularly in the south. As one of the largest property developers in the country with international expertise and deep knowledge of the domestic market, Novaland is continuing to write its chronicles with best-in-class real estate pr
VIR postpones âM&A â The Emerging Local Forcesâ workshop 18:31 | 04/05/2021
According to the plan, the âM&A â The Emerging Local Forcesâ workshop co-organised by
VIR and NovaGroup was to be held on May 7, 2021 at Novaland Gallery (179 Hai Ba Trung, District 3, Ho Chi Minh City).
However, with the COVID-19 situation rapidly growing more complicated, strictly following the instructions of the government and Ho Chi Minh City People s Committee, the Organising Committee decided to postpone the workshop to ensure safety for the whole community.
The new time for the workshop will be announced once the pandemic is under better control, with approval from the competent authorities.
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Real estate businesses shake hands with banks to increase benefits for buyers 15:08 | 26/04/2021
The partnership between real estate developers and banks have created preferential credit solutions, reduced opportunity costs, and increased returns for buyers.
Trinh Tuan Anh, a resident in District 2, Ho Chi Minh City plans to invest VND6 billion ($260,870) in real estate, in a townhouse in the satellite area of Ho Chi Minh City to capitalise on lucrative opportunities in this area. He will spend part of his money and borrow the remaining 50-60 per cent from a bank to pay for the townhouse. He believes that property prices are currently attractive in some potential areas while the bank lending rates are reasonable.
VIR hosts workshop titled âM&A â The Emerging Local Forcesâ 09:36 | 22/04/2021
Vietnam Investment Review (VIR) and Nova Group will jointly organise a workshop titled âM&A â The Emerging Local Forcesâ on May 7Â in Ho Chi Minh City to offer a practical perspective on the rise of M&A activities by Vietnamese companies to restructure and expand their eco-systems.
Workshop titled âM&A â The Emerging Local Forcesâ discusses a more practical perspective on the rise of M&A activities by Vietnamese companies to restructure and expand their eco-system.
With the expectation to have more than 250 guests from state management agencies, investment funds, as well as domestic and international consulting firms, the workshop will discuss many outstanding mergers and acquisitions (M&A) issues, such as the rise of Vietnamese groups in the M&A scene.