FLC Group on Monday opened its first representative office in Japan, becoming one of the first Vietnamese real estate firms expanding operations to the international market.

Speaking at the opening ceremony, Trinh Van Quyet, FLC’s chairman of the management board, said the representative office would be an information bridge to help FLC and its Japanese partners search for investment opportunities and promote transactions in the sectors of real estate, hi-tech agriculture and labourer exports.

“Japan has been always a country which has many things for us to learn about. It is the reason that we decided to choose Japan as our strategic market in foreign countries,” Quyet said.

Nguyen Quoc Cuong, Viet Nam’s ambassador to Japan, said FLC had been one of the leading property groups in Viet Nam with diversified activities in many sectors. Its projects had contributed to the socio-economic development in coastal localities.

“The establishment of the representative office in Japan – one of the biggest markets in Asia, has proved for rapid and strong development of Vietnamese private businesses. Viet Namese Embassy to Japan would help Vietnamese firms in expanding their operations to international markets,” Cuong added.

Former Japan’s ambassador to Viet Nam, Norio Hattori, will take charge of FLC’s representative office in Tokyo’s Marunouchi District – a centre for many economic reforms in Japan.

He committed to promoting the office’s development in Japan.

After the event, the FLC leaders had meetings with many important partners in the fields of healthcare and agriculture in Japan.

They made a visit to Farmdo – a hi-tech agricultural farm, and real estate company, Mitsubishi.

FLC expected to have more co-operation and expansion in the investment network of the Viet Nam – Japan business community, thus contributing to the relationship between the two countries.

The group has implemented different activities to introduce Viet Nam’s tourism sector to the international market.

It organised a roadshow in Japan in September to introduce Viet Nam’s resort property potential in Tokyo. It also had meetings with many Japanese partners in the sectors of real estate, tourism, golf and human resources at the Vietnamese fair in Kanagawa in the same month.

FLC has new general director

Property developer FLC Group has appointed Tran Quang Huy as new general director, taking effect from November 3, 2017.

Huy was previously the deputy general director and member of FLC’s Board of Directors. Huy has been handed the duties and powers of general director in accordance with the provisions of FLC’s regulations and current law.

Huy replaced Le Thanh Vinh, who was the general director of FLC Group since March 9, 2017.

Vinh has been appointed as permanent vice chairman of the Board of Directors.

In 2017, FLC Group set a revenue target of US$572 million from selling real estate, which is an increase of 100 per cent compared to 2016. At the end of this year, the company is expected to release 2,500 condotels, 1,400 beach villas, 3,500 suites and four 18-hole golf courses to reaffirm its position in the resort real estate market. — VNS