Honoring Top 10 leading real estate developers in Vietnam 2022 & potential 2023

Vinhomes, Sun Property, Masterise Homes, Novaland Group, Ecopark Group... are the brands that have won the award for the leading real estate developer in Vietnam.
March 10,
Vietnam Real Estate Electronic Magazine (Reatimes) and Vietnam Real Estate Research Institute (VIRES) organize the 3rd Spring Real Estate Forum and the Ceremony of Honoring the Leading Real Estate Brand in 2022 - 2023 .
Accordingly, the voting council honored the top 10 brands, which are Vinhomes, Sun Property, Masterise Homes, Novaland Group, Ecopark Group, Dojiland Real Estate Investment Co., Ltd., T&T Group, Hung Thinh Land, etc. Geleximco Group, Bcons Real Estate Group.
The Top 10 most potential real estate developers in 2023 include the following units: BIM Real Estate Joint Stock Company, Sunshine Group, Tan A Dai Thanh Group Real Estate Joint Stock Company - Meyland, Co. KN Cam Ranh Co., Ltd, MIKGroup Vietnam Joint Stock Company, Flamingo Holding Group, Gotec Land Group, An Gia Real Estate Group, Thang Long Real Estate Joint Stock Company, Danko Group.

Most of the experts speaking at the forum shared the same opinion,
2022 is a year of immense difficulties for the real estate market, even more difficult than the period of the COVID-19 pandemic. In particular, there are two main problems that are pushing real estate businesses into a "dilemma": capital flow bottlenecks and overlapping legal regulations with many inadequacies.
“The biggest difficulties of the real estate market today are wrapped up in four words 'financial and legal'. Specifically, there are 65% with legal difficulties and 20% related to capital.
However, even 20%'s difficulties related to capital flow also stem from legal issues. In other words, legal problems are the source of many difficulties for the real estate market in general and real estate businesses in particular”, said Dr. Vu Tien Loc, Member of the Economic Committee of the National Assembly. , President of the Vietnam International Arbitration Center spoke.
Dr. Vu Tien Loc added, the real estate market has the ability to spread, lead and affect more than 40 other industries. However, in 2022, the real estate market had to witness a sharp decline, the business community went bankrupt and dissolved up to 40%.
Recognizing the difficult situation in the market today, the Government and the National Assembly are also trying to remove legal inadequacies.
In the midst of difficulties and challenges,
The year 2022 still marks businesses that actively seek opportunities, make efforts to overcome difficulties to continue to maintain and affirm the brand's reputation and responsibility to the community.
Although the results were not as complete as in previous years, thanks to the positivity and flexibility in investment and business activities and long-term development thinking, many real estate businesses have taken advantage of the opportunity to reinvent themselves. structure, transform, adapt to the changes of the times.

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