Novaland: Vietnam Developer of the Year 2020

17:38 | 29/07/2020
Ho Chi Minh City-based developer Novaland Group was just honoured with the title of Vietnam Developer of the Year 2020 at the Dot Property Vietnam Awards 2020, the fourth annual event that celebrates the best in the local real estate market by honouring the country’s best developers, projects, and companies that contribute to the sector’s development.    

Novaland also scooped up the Special Recognition Award for Building Community while its smart urban complex Aqua City was honoured the Best Sustainable Residential Development Vietnam and NovaWorld Phan Thiet was for the second time recognised as the Best Entertainment and Resort Complex in Vietnam.

The Vietnam Developer of the Year 2020 is the event’s top honour. The award considers a suite of criteria, including the developer’s reputation; achievements and contributions to the local real estate sector and the society; the quality of the projects; and innovation and creativity in project development.

novaland vietnam developer of the year 2020
Bui Xuan Huy, Novaland general director, giving speech at Dot Property Vietnam Awards 2020

2020 is the third year that Novaland is working on the second phase of its innovative business strategy focusing development on three core product lines, including real estate projects in the central areas of Ho Chi Minh City; satellite urban areas real estate and hospitality projects with convenient transport connection and rich tourism potential.

Aside from sustainable business activities and effectively caring for employees’ lives, Novaland has made constant efforts towards developing sustainably with the community and bolstering corporate social responsibility. In recent years, the group has contributed more than VND350 billion to carrying out diverse programmes with lasting impacts on the community (exchange rate $1= VND23,000).

novaland vietnam developer of the year 2020
The Dot Property Vietnam Awards celebrates the best in the local real estate market

As one of the prestigious Vietnamese brands in the international capital market, the group has been praised by international investors for its efforts to push up networking activities. Novaland has always taken the initiative to increase its exposure to the wide community of investors and financial institutions in the region and key financial markets like Singapore, South Korea, Hong Kong, Japan, the US, and Europe, in parallel to joining diverse investment forums held by leading international financiers such as HSBC, Credit Suisse, and Goldman Sachs.

Most recently, Novaland met and teamed up with Mirae Asset Management, a leading international financier, to hold a field survey to NovaWorld Ho Tram project in the southern province of Ba Ria-Vung Tau and Aqua City in Dong Nai province for retail and institutional investors and analytic experts from leading securities firms and investment funds, from there helping to cement the relationships between stakeholder parties and to make investors more aware of the progress of Novaland projects.

Novaland’s constant efforts have yielded their due rewards. Lately, the group was recognised as one of the Best Companies to Work for Asia in 2020 by HR Asia Awards; Top 2 Reputable Developer by Vietnam Report; and Top 50 Vietnam’s Best Performing Companies by Nhip Cau Dau Tu magazine.

At the recent Dot Property Vietnam Awards 2020, Novaland’s two triumphant projects – Aqua City and NovaWorld Phan Thiet – received a great deal of attention from the audience as well as the public alike.

At the recent Dot Property Vietnam Awards 2020, Novaland’s two triumphant projects – Aqua City and NovaWorld Phan Thiet – received a great deal of attention from the audience as well as the public alike.

Positioned right in the eastern gateway to Ho Chi Minh City, the Aqua City complex is one of the most appealing urban metropoles at present. Covering nearly 1,000 square metres of space, Aqua City dedicates over 70 per cent of the space to greenery, transportation infrastructure and modern utilities such as world-class school and hospital, shopping mall, 5-star marina, indoor and outdoor sports complex, and among others. Eco-smart city Aqua City also has perfect planning with a complimentary modern utility system fitting the most demanding green living standards of wealthy residents.

With its unique ocean-front position and leaning against mountain, the 1,000-hectare World Beach City of Wellness NovaWorld Phan Thiet spreads along more than 7km of beautiful coastal stretch. It is part of Tien Thanh coastal ring-road and just a two-hour drive from Ho Chi Minh City via Long Thanh-Dau Giay-Phan Thiet Expressway.

NovaWorld Phan Thiet converges hundreds of world-class facilities, including an exclusive 36-hole PGA golf course complex in Vietnam, a 25ha theme park group with a waterpark, a theme park catering to kids, and a site for balloon flying; a 16ha ocean park with a suite of activities such as seaside sports and a marina; a 7,000-seat arena, a trade centre, a convention centre, and retail outlet; resort and hotel site with a chain of high-end hotels such as Mövenpick, Novotel, and Raddison, among others.

Besides upscaling resort and entertainment facilities, NovaWorld Phan Thiet has also engaged in diversifying second home developments with villas and shophouses.


By Anh Duc

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