General Director of Visaho Samejima Shinichiro, the second from left, get contracts from investors. — Photo viglacera

HA NOI (Biz Hub) — The Vietnam Glass and Ceramics for Construction Corporation (Viglacera – CTCP) on September 24 opened Visaho Joint Stock Company in the capital city.

The new firm specialises in managing and operating large real estate projects.

The company has been jointly established by Viglacera, Japan's Sankei Building Management Company, Viet Nam's Hoang Thanh Investment and Development Company and OWI Joint Stock Company.

The firm has been established in response to the construction ministry's guideline that the development of urban areas and green and sustainable buildings should have international-level building management and operations.

The Sankei Building Management Company is a subsidiary of the Sankei Building Group, which is involved in trade, investment and management of real estate projects in Japan.

The company has been managing large projects in Tokyo and Japan such as offices, apartment blocks, hotels and workshops, besides hospitals and trade centres. They include Tokyo Sankei Building, Breeze Tower in Osaka Kita-ku, Tokyo Divercity and The Tower Osaka, besides Lefond apartment blocks, Grand Pacific LE DAIBA Hotel, Nishihara Hospital and 60 Nitori trade centres nationwide.

Deputy General Director of Viglacera – CTCP Tran Ngoc Anh said Visaho was determined to build its brand in the management and operation of real estate projects in Viet Nam, in an effort to meet people's increasing demand for quality buildings as well as good building management.

The company is expected to supply comprehensive and professional operations and management methods to real estate projects, creating a quality living and working environment.

General Director of Visaho Samejima Shinichiro said the company would follow the Japanese style of operations, but one that is suitable to Viet Nam. It will supply services such as direct operations management, and consultancy, support and supervision of management services for buildings in Viet Nam.

Chairman of the Real Estate Association Nguyen Tran Nam said the real estate market in Viet Nam was recovering with strong growth in transactions and suitable prices. Meanwhile, the flow of money was moving towards the real estate market.

Deputy Minister of Transport Pham Hong Ha said the management, operations and building of a living environment in real estate projects was the concern of the entire society. The ministry has encouraged businesses to develop operational management in projects to increase the quality of housing services, and to improve the living standards of local residents in a manner that is suited to the country's culture.

He said Visaho was one of the few businesses in Viet Nam that specialises in operations and management services for real estate projects. The company has been founded by experienced businesses and is expected to see good development in the future. — VNS