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Vietnam’s Vingroup wins triple Asia Pacific property awards

Sunday, April 10, 2016, 15:01 GMT+7

Vingroup, the property conglomerate behind many deluxe trade centers and residential developments in Vietnam, has been honored in three categories of the reputable Asia Pacific Property Awards, given away in Malaysia this week.

The Hanoi-based firm, Vietnam's largest listed real estate developer, was given three much-coveted awards for their development of Vinhomes Central Park, Landmark 81 and Vinhomes Times City - Park Hill during a ceremony held in Kuala Lumpur on Friday.

Among them, Vinhomes Central Park, located in Ho Chi Minh City, which boasts the design of a miniature green hub, was named Vietnam’s Best Mixed-Used Development.

Meanwhile, the Landmark 81 was voted Vietnam’s Best High-Rise Development at the 2016 Asia Pacific Property Awards.

It is one of many global projects on which British firm Atkins, which is the project’s lead architect, has collaborated with Arup, another British company, Atkins said in a press release in March 2015.

With an expected height of 460m, the building will be the tallest in the country and become a new icon over Ho Chi Minh City’s ever-growing skyline upon its completion in 2017, according to Atkins.

The other of Vingroup’s 2016 Asia Pacific Property Awards went to Vinhomes Times City - Park Hill, with 70 percent of its area dedicated to greenery, in the Best Residential Landscape Architecture category.

Stuart Shield, president of the International Property Media, which is the organizer of the awards, announced at Friday’s ceremony that all the three Vingroup projects had been nominated to represent the Asia Pacific region at the International Property Awards, to be given in London in December.

The Asia Pacific Property Awards is part of the International Property Awards, given away annually by the UK-based International Property Media Ltd.

The International Property Awards is open to residential and commercial property professionals from around the globe, according to the firm’s website.

The awards celebrate the highest levels of achievement by companies operating in all sectors of the property and real estate industry, and an International Property Award is thus a world-renowned mark of excellence.

They are split into regions covering Africa, Asia Pacific, Arabia, Canada, Caribbean, Central & South America, Europe, the UK, and the U.S.

Participants are judged by a highly experienced team of professionals who cover the whole range of property disciplines.

Companies selected as winners are then invited to attend a glittering awards dinner for each region and have the right to use the prestigious logo in their marketing.

Vingroup also nabbed prizes at the 2014 and 2015 editions of the prestigious International Property Awards, along with a clutch of other international recognitions.

Vingroup was founded in 1993 by a group of Vietnamese youths in Ukraine under the name of Technocom, which was mainly involved in the food production industry.

After growing as one of the largest and most influential companies in Ukraine by the early 21st century, Technocom looked to Vietnam to expand its business in real estate and hospitality with the initial key brands of Vincom and Vinpearl.

The two brands merged into Vingroup JSC in 2012, which has since developed into one of the most dynamic, successful, and well-capitalized companies in Vietnam.

Vingroup has consistently been assessed by experts and the market as the leading real estate developer in Vietnam, as evidenced by other credible rankings and awards.

Vingroup’s Vinhomes was the only real estate brand to be named one of the ten most valuable in Vietnam by the world’s leading intangible asset valuation company Brand Finance in October 2015.

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