Over 10 years of development, VCN Investment Joint Stock Company (VCN) has become one of prestigious investors in real estate market in Khanh Hoa.
Over 10 years of development, VCN Investment Joint Stock Company (VCN) has become one of prestigious investors in real estate market in Khanh Hoa.
The company’s forerunner is Vinaconex – UPGC Investment and Trading JSC, established in 2006 with an aim to invest urban development projects in Khanh Hoa Province. From a authorized capital of VND20 billion and a staff of 10 people initially, the company has 9 departments, 1 real estate transaction and 4 member companies with total property of over VND1,400 billion. VCN majors in real estate. Its first project is Vinh Diem Trung Urban Area in Nha Trang. After 10 years, Vinh Diem Trung now has become a new, beautiful and modern urban area, drawing thousands of households to live and do businesses. Some big works in the urban area have been put into operation such as Big C Supermarket and Singapore Vietnam International School. Some works are under construction such as general hospital and Nha Trang Taxation Department. They supply more amenities for residents in the urban area. From 2010 up to now, VCN has handed over about 2,000 apartments, partly solve housing demand of many local people.
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| VCN office building in Vinh Diem Trung Urban Area, Nha Trang |
| VCN Investment Joint Stock Company has organized and joined a lot of social activities like donating fund for the poor, giving presents at sanatorium, supporting dioxin victims in Khanh Vinh District, giving prized for good pupils in Vinh Hiep Commune etc. with total expenditure of nearly VND5.2 billion. Particularly in 2016, the company has donated 20 houses worth VND1.1 billion totally to poor ethnic minoritiy people in Khanh Son District. |
Building trademark and prestige from Vinh Diem Trung Urban Area project, VCN has been entrusted to carry out two other projects, namely VCN Phuoc Hai Urban Area (30 hectares) and VCN Phuoc Long Urban Area (35 hectares) in Nha Trang City. Being designed as modern areas, housing products of VCN Phuoc Hai and VCN Phuoc Long have been bought by a lot of people.
With effective efforts during the past ten years, VCN’s achievement has been recognized by many national and international awards, like Asean Famous Trademark, Top 50 companies by V1000 for 5 running years (2010 – 2014), Top 50 companies by Fast 500, one of 1000 companies pay biggest corporation tax in Vietnam, and many other awards.
“In the future, we aim to build modern and environment - friendly urban areas. Our development associated with benefits of partners, investors, clients and laborers, which has created the trademark of VCN in the province”, CEO of the company Nguyen Khanh Toan confirmed.
An Nguyen
Translated by T.T
