HUNG THINH CORPORATION PRESENT FOR THE 3RD TIME IN TOP 10 PRESTIGE REAL ESTATE DEVELOPERS

Hung Thinh Corp News

On April 27, 2021, at the Announcement Ceremony of Top 10 Prestigious Companies in Real Estate - Construction - Building Materials Industry 2021, Hung Thinh Corporation was honored in the category of "Top 10 Prestigious Real Estate Developers 2021” voted by Vietnam Report in collaboration with Vietnamnet newspaper.

In the context of the global economy heavily affected by Covid-19 epidemic, real estate enterprises in general and Hung Thinh Corporation in particular took advantage of the epidemic time as an opportunity to restructure and change investment strategy. 2020 marked the outstanding development of Hung Thinh when it has restructured the Corporation, innovated and built a complete ecosystem including: investment in and development of all types of real estate, construction, PropTech and Fintech technologies, business on digital platform… One of the important points of the restructuring is that Hung Thinh Corporation is transferring the investment, development and trading of more than 100 real estate projects with a land fund of over


This was also the year of the Corporation's full power on the technology when investing hundreds of billions of dong in this field in order to develop Hung Thinh Corporation into a real estate corporation that applies digital transformation and best technologies in Vietnam. In addition, Hung Thinh Land also cooperated with many major technology corporations, jointly researched and developed smart home system, smart cities to add value to projects, bring modern and comfortable life to residents.

In 2020 alone, Hung Thinh Land - a real estate development member of Hung Thinh Corporation introduced to the market nearly 7,000 products, significantly contributing to the Corporation's total sales and profits with VND 19,448 billion and VND 1,600 billion, respectively. In parallel with business activities, Hung Thinh Corporation also implemented support programs with more than VND 200 billion for customers and partners during the epidemic season and supported more than VND 200 billion for activities for community and society.

With the innovation strategy for the past time as well as maintaining a high growth rate, Hung Thinh Corporation appeared for the 3rd time in the ranking of "Top 10 Prestigious Real Estate Developers 2021" voted by Vietnam Report in collaboration with Vietnamnet newspaper. The award is a testament to the financial capacity and the brand trusted by many people and actively contributes to the overall development of the whole real estate industry in Vietnam. Hung Thinh Land will inherit and continue to develop strengths in real estate development of Hung Thinh Corporation.


Top 10 Chủ đầu tư Bất động sản uy tín
Mr. Do Van Kien - representative of Hung Thinh Corporation received "Top 10 Prestigious Real Estate Developers 2021" award

 

Top 10 Chủ đầu tư Bất động sản uy tín
Cup and certificate of “Top 10 Prestigious Real Estate Developers 2021”

 


Top 10 Chủ đầu tư Bất động sản uy tín
Winning enterprises took commemorative photo with the Organizing Committee


Also in this program, Hung Thinh Incons - a member unit of Hung Thinh Corporation was honored to rank 33rd in Top 500 fastest growing enterprises in Vietnam - FAST500.


Top 10 Prestigious Real Estate Developers in 2021:

- Hung Thinh Corporation
- Vinhomes Joint Stock Company - Vingroup
- Nova Land Investment Group Corporation
- Ecopark Corporation Joint Stock Company
- Nam Long Investment Joint Stock Company
- Dat Xanh Group Joint Stock Company
- Phat Dat Real Estate Development Joint Stock Company
- Ha Do Group Joint Stock Company
- Khang Dien House Trading and Investment Joint Stock Company
- BIM Group Company Limited - BIM Group
 

The ranking of Top 10 prestigious companies in the Real Estate - Construction - Building Materials industry 2021 is the result of independent research by Vietnam Report, built on a scientific and objective principle. The reputation of companies is evaluated based on research on the influence of factors of finance, company image in the media and assessment of industry experts, specifically including: financial capacity shown in the most recent financial statements (total assets, total revenue, profit, capital adequacy ratio...); Media credibility is assessed by Media Coding method - encoding articles about the company on influential media channels; Survey industry experts; Survey residents living and working in big cities: Hanoi, Da Nang and Ho Chi Minh City on the level of satisfaction with real estate products/services. In addition, survey of enterprises on the operation situation, number of projects, project handover progress... in 2019 – 2020 year is also used as an additional factor to determine the position of enterprises in the industry.