Competing for the year's top honour – Best Developer – are four of Viet Nam's biggest developers - four-time nominee CapitaLand, Novaland Group, M.I.K. Corporation, and Vingroup. — Photo baodansinh

HCM CITY (Biz Hub) — The first ever property awards followed by a gala dinner to honour the country's top developers, finest current developments and resort destinations will be held at the Intercontinental Asiana Saigon Hotel in HCM City next month.

The Vietnam Property Awards 2015 will reward the leading real estate companies and art firms, most of them from Ha Noi and Ho Chi Minh City City where there has been a quick recovery by the property industry.

"It has been a very monumental year for Viet Nam's property sector," said Terry Blackburn, CEO of Ensign Media, awards organiser and publisher of Asia's industry-leading Property Report magazine.

"The Viet Nam market is back on track, with many expat residents and investors as well as local industry players applauding the introduction of legal reforms on foreign real estate ownership in the country."

The annual event also serves as a unique networking venue for professional realtors in Viet Nam to meet industry leaders and stay in touch with their peers.

The shortlist for the debut event from developers and real estate professionals who submitted nominations over the last six months has been announced.

Competing for the year's top honour – Best Developer – are four of Viet Nam's biggest developers - four-time nominee CapitaLand, Novaland Group, M.I.K. Corporation, and Vingroup.

Other major contenders are Keppel Land with three nominations including Best Office Development and Best Retail Development and Vina Capital, a two-time nominee in the resort sub-categories for Best Villa Development (Resort) and Best Condo Development (Resort).

The top winners at the Vietnam Property Awards will be eligible to compete with regional peers in the grand finale at the fifth annual South East Asia Property Awards to be held at the Shangri-La Hotel in Singapore on October 15.

Presented by Property Report, the Awards will be promoted throughout the country and across Southeast Asia through media partners including Deluxe Magazine, Resort & Spa Vietnam Magazine, Viet Nam News, Ringier, Robb Report, Citizen K Vietnam, and Mua Ban Nha Dat.

Tickets for the gala dinner and awards presentation ceremony on August 14 are now available and can be bought at ensign-media.com. — VNS