Thursday, May 23, 2019 7:41:59 PM - Markets open
VN-INDEX 982.71 -1.07/-0.11%
HNX-INDEX 106.30 +0.17/+0.16%
UPCOM-INDEX 55.40 +0.01/+0.02%
NVL: Novaland expands to tourism property
Vietnam Investment Review - 3/14/2019 1:22:34 PM
 (0 ratings. You must sign in to rate.)
The second phase of Novaland’s strategy focuses on residences, eco-urban complexes, and tourism complexes. Of those, NovaToursim and NovaWorld will be the two focus brand names in the coming time.
Phu Quoc, Can Tho, Ho Chi Minh City, Ba Ria-Vung Tau, Binh Thuan, Ninh Thuan, and Khanh Hoa will be the geographic focus for the construction of tourism properties by Novaland.
Last week, the two latest properties, NovaWorld Phan Thiet and NovaWorld Binh Chau, were launched.
According to Bui Xuan Huy, general director of Novaland, NovaWorld Phan Thiet will cover an area of more than 1,000 hectares of land, offering residences, second-home villas, and shophouses, as well as an entertainment area with parks, a petting zoo, a golf course, and clubs.
Meanwhile, NovaWorld Binh Chau will cover an area of more than 100 hectares in Ba Ria-Vung Tau province, including tropical style residences, parks, a salt-water swimming pool, and adventure games.
Novaland also signed strategic agreements with Hoa Sen University and Hai Au Trading Investment Corporation to co-operate in training and providing human resources and to develop helicopter services.
Huy said that in 2019, with the three key tourism properties ­–NovaHills, NovaBeach, and NovaWorld – Novaland expects to offer around 2,400 vacation products to the market. In addition, more than 4,500 apartments, villas and townhouse will be launched throughout the year.
The company has co-operated with many experienced domestic and foreign partners to bring the best services to customers.
Novaland so far developed over 40 housing projects in Ho Chi Minh City, bringing 26,000 products to the market.
By Bich Ngoc


Read original article here

Newer News
14:20 Spectrum of opinion on credit moves
17/05 Property market still attractive in medium, long terms: forum
14/05 HCM City: 46.8 percent of FDI goes to property sector
13/05 Vietnam’s real estate market likely to stay stagnant this year
03/05 Real estate at the heart of economy
27/04 HoREA offers proposals to help real estate firms access long-term bank loans
26/04 The Zei – one of Hanoi's most wanted projects launched
19/04 Domestic property market stable in Q1
18/04 VN property market unlikely to see big dip, says Savills global chief
12/04 Savills Group CEO: HCM City – a promising market in real estate
Older News
14/03 Credit continues to tighten in real estate sector in 2019
07/03 US real estate developers target EB-5 capital from Vietnam
06/03 New rule leads to drop in land-plot transactions in HCM City
04/03 Property developers eye emerging markets
11/02 Property companies look beyond banks for funds
31/01 Savills Vietnam: luxury real estate remains promising
14/12 Realty market has opportunities from trade war
03/12 Property firms look to stocks for capital
29/09 Property sector calls for rethink on bank loans
25/09 Property developers diversify
Newsletter Signup
Top Stories
VAMC to reclaim US$2.13 billion in bad debts
HCM City: 46.8 percent of FDI goes to property sector
Vietnam Pepper Association not hopeful of global price recovery
HVN: Vietnam Airlines to pay $63.9 million cash dividend
Reference exchange rate kept unchanged on May 6
Market Update
Last updated at 3:11:16 PM
VN-INDEX 982.71 -1.07/-0.11%
Real-time chart
Top 5 Actives
Top 5 Gainers
Top 5 Losers
My Favorite Quotes
Your most recently viewed tickers will automatically show up here if you type a ticker in the Get Quotes box on the top of the page.
Company Research
Type in the symbol above for thorough background information, key statistics and financial information.
Stock Sectors
We continuously improve our services, here are the latest updates...
Allow you to monitor a customised group of securities. You can set up multiple Portfolios to help you better manage your investments.
Trigger Alerts
Get up-to-date alerts delivered directly to your email address.
Stock Screener
Allow you to filter the market and find exactly what sort of company you are looking for.
Live Terminal
Get instant access to FREE REAL-TIME streaming quotes for hundreds of stocks from HOSE, HNX and UPCOM exchanges.