Chairman of Vingroup, Pham Nhat Vuong, has won the Property Business Person of the Year award at the Outstanding Property Awards given away by Nhịp Cau Dau Tu (Investment Bridge) magazine.

Vingroup also won in the Outstanding Developer category for Office Building Retail along with AEON Viet Nam Ltd.

Sun Group won in the Outstanding Developer category for Resort and Hotel along with Tanzanite International, and in the Best Feng Shui category with its Sun Grand City Ancora Residence.

Trung Nam Construction and Investment JSC won for Best Public Infrastructure and DKRA Viet Nam for Outstanding Distributor.

Siam City Cement Viet Nam, Coteccons Construction JSC and Hoà Bình Construction Group shared the award for Best Construction Materials Provider and Construction Enterprises.

Thuan Viet, Phu Long, An Gia, Hung Thinh, and Khang Dien shared the award for Outstanding Developer in the Luxury and Mid-level Apartments category.

Pho Dong, Tien Phuoc, Nam Long, and Phuc Khang shared the award for Outstanding Designer.

The winners were chosen by a jury of experts.

Last year the property market grew by over 4 per cent and contributed 0.21 per cent to GDP growth.

It attracted over US$3 billion in FDI, or 8.5 per cent of the total amount.

This year is again expected to be good, with apartments expected to see prices rise by an average of 3 per cent. – VNS