Many big names in the field of construction, real estate (real estate) in the world present and constantly increasing in Vietnam market are testament to the attractiveness of Vietnamese real estate.
The handshakes of foreign contractors and Vietnamese businesses contribute to raising the quality standards of works, increasing benefits for beneficiaries of products and services.
The irresistible attraction of the Vietnamese real estate market
The strong development of the real estate market and the high speed of investment in infrastructure help the Vietnamese market increasingly attract foreign businesses. According to data of Foreign Investment Department, Ministry of Planning and Investment, in the first 6 months, real estate business ranked 2nd in attracting foreign investment, with 1.32 billion USD – accounting for 7.2% Total registered investment capital. Accumulated 811 projects with 58.2 billion USD (accounting for 16.6% of total investment capital) registered. Particularly in the field of construction, there are 77 projects attracting 473 million USD, bringing the total project to 1,654 with over 10 billion USD.
Attracting many international brands proves the great attraction of Vietnam’s real estate market.
Looking at many successful cooperation deals of Japanese and Korean investors, it can be seen that high-ranking enterprises, experienced, professional and knowledgeable local markets will easily “be in love”. with international partners.
Up to now, the Vietnamese market has witnessed many famous brands and brands from developed countries such as Korea, Japan, USA, Europe … They are deeply involved in all activities such as consulting, design, investment, construction. In addition, these brands also cooperate with Vietnamese businesses to perform, provide services, and even become the main contractor of major national infrastructure projects.
Handshake with foreign contractors – complementary principles of development
Multinational companies entering Vietnam will bring experienced experts, advanced technology. All of them combine with Vietnamese engineers and experts who understand the local market to create an outstanding advantage for cooperative projects. This will help to add value to customers.
Besides, the presence of international brands also brings added value to domestic workers. “Japanese and Korean construction contractors entering Vietnam will bring in a team of experienced experts from their own group. At the same time, they also recruit professional training, update new knowledge for engineers and experts to work with. As a result, we get more new technology in construction, ”a long-time engineer in the industry said.
In the field of construction, Lotte E&C (belonging to Lotte Group Korea), is one of the top 10 leading construction contractors in Korea and is quite familiar with Vietnamese real estate developers and investors. After successfully constructing the 65-storey building of Lotte Center Hanoi and Lotte Mart Ho Chi Minh City, Lotte E&C continues to sign a strategy with Novaland Group, becoming the main contractor for a high-class apartment-commercial complex. to the center of district 1.
Lotte E&C is currently present in 21 countries and more than 107 affiliated companies. Referring to Lotte E&C, real estate circles think of Lotte World Tower – the 123-storey skyscraper inaugurated in 2017, the tallest building in Korea and the fifth worldwide. Many modern technologies are applied to build Lotte World Tower into a leading train of high-rise buildings, safe and green.
Choosing Lotte E&C as the main contractor for The Grand Manhattan, Novaland prioritizes the principle of complementary to each other to achieve better results. The group expects that with long-term experience and reputation in the field of infrastructure construction and housing, especially high-rise buildings, Lotte E&C will jointly build a high-quality project that meets standards and schedule. peace of mind for customers. As the main contractor for The Grand Manhattan, Lotte E&C will undertake three main objectives: construction quality, construction schedule and construction safety.
“We are responsible for giving the apartment owners a quality product so that they are satisfied and do not regret the decision to choose this project,” said Jun Sung Ho – General Director of Lotte E&C Vietnam. Nam insisted.
The Grand Manhattan luxury apartment and commercial complex marks the return of Novaland in the center of District 1. The similarity in core values and business management system between Lotte E&C and Novaland promises to bring Come to customers quality real estate products.
