Vingroup Mega Mall in Royal City is one of the most attractive commercial center in Ha Noi.--VNS Photo

HA NOI — Vingroup was adjudged the Best Retail Developer in Viet Nam for 2014 in Euromoney Magazine's 10th Annual Real Estate Survey.

The magazine, based in the United Kingdom, conducts its annual survey among real estate advisors as well as developers, investment managers, corporate end-users and banks worldwide and publishes the results in September.

In its survey, the magazine asks respondents to choose which companies were the best providers of real estate products and services in their respective markets from May 29.

According to Vingroup, this is the second time it has received the Euromoney survey award. The first time was in 2012.

Vingroup said the award has highlighted its leading position in the transfer of transparent information to investors. It also quoted a Euromoney representative as saying that "Vingroup has a very clear strategy and good vision."

Also in September, Standard and Poor's (S&P), one of three renowned independent rating agencies in the world, included Vingroup in its list of the top 100 leading ASEAN companies, while Finance Asia magazine adjudged Vingroup as the "Region's Best Borrower in Vietnam."

According to Vingroup, favourable recognition from international institutions could translate into enhanced credibility and influence for the company in the global market.

Vingroup is one of Viet Nam's largest real estate development companies, with five major commercial centers in Ha Noi and HCM City. The group will open its sixth Vincom Center in Ha Long City, in the northern province of Quang Ninh, on October 19. --VNS