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Euromoney names Vingroup Vietnam’s best property developer

Tuesday, September 27, 2016, 11:11 GMT+7
Euromoney names Vingroup Vietnam’s best property developer
A model of the Vinhomes River Garden project in District 1, Ho Chi Minh City

Conglomerate Vingroup has been ranked first in three real estate categories in Vietnam by British magazine Euromoney.

The company was named Vietnam’s best developer of mixed-use projects, best developer of shopping centers, and best developer of resorts in 2016, Vingroup announced in a press release on Monday.

The firm sat atop the leader board of Vietnam’s housing sector with the Vinhomes real estate brand thanks to its prime location, high-quality construction and infrastructure, excellent services, and others.

In terms of retail, the conglomerate has established a total of 26 shopping centers under the Vincom brand across the country, contributing to the improvement of urban images and the enhancement of local economic growth.

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Duong Mai Hoa (L), general director of Vingroup, receives the awards from a Euromoney representative. Photo: Vingroup

With the Vinpearl five-star resorts along Vietnam’s most beautiful beaches, Vingroup was also named the most outstanding developer in the resort sector.

According to the assessment of Marcus Langston, a Euromoney representative, Vingroup has been widely known as one of the most active and successful businesses in Vietnam.

Thanks to its achievements, the company is ready to compete with other top developers in the region and the world, Langston said.

Earlier this month, Vinhomes was named among Vietnam’s five most valuable brands, with its value topping US$511 million, according to experts of Brand Finance, the world’s leading brand valuation and strategy consultancy.

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