Residents in Vincom Ba Trieu can enjoy one-year free of management fee from next month.— Photo laodong.com.vn

HA NOI (Biz Hub) — Vingroup will run a big promotion programme for apartment residents of their five-year-old Vincom Ba Trieu in Ha Noi and three-year-old Vincom Dong Khoi in HCM City.

Accordingly, Vingroup will waive all charges for management services for residents for one year from next month and reduce the management fees to VND10,000 (US$0.47) per sq.m over the next five years. The current management fee is VND16,000($0.76) per month

The group will also reduce the utility price for water to VND30,000 ($1.4) per cu.m, nearly one third of the current price, over the next 5 years.

Previously, Vingroup announced special deals that offer free management fees for residents of Royal City, Times City and Vincom Village for 10 years, together with free access to their swimming pools, tennis courts and other sport facilities.

The group has sold around 4,000 apartments in Royal City and Times City so far, excluding a further 2,000 apartments which would be coming available for sale over the next two years.—VNS