Lotte Land and Van Phu - Invest signed a cooperation agreement to jointly seek and expand investment opportunities in urban and commercial real estate projects in Vietnam.

Recently, Lotte Land Company of Korea Lotte Group and Van Phu - Invest Investment Joint Stock Company (HoSE: VPI) signed a Cooperation Agreement to jointly develop projects in many provinces and cities in Vietnam in order to maximize the strengths of both sides.

Accordingly, Lotte Land and Van Phu - Invest signed a cooperation agreement to jointly seek and expand investment opportunities in urban and commercial real estate projects in Vietnam.

The Terra - An Hung project is implemented in Hanoi by investor Van Phu - Invest. Photo: VPI

Lotte Land and Van Phu - Invest are two units with many years of experience in the implementation of projects from the stage of feasibility study, to planning, implementation, business operation ... The cooperation between two parties in residential projects is expected to help increase resources for each party and create a strong development momentum.

With more than 15 years of experience in the real estate industry, especially in the field of planning, construction and implementation of urban real estate projects in many provinces and cities, Van Phu - Invest plays an important role in the research such as location, size of land, current status of land use, planning criteria, etc., thereby giving effective investment options.

Currently, this enterprise owns a large land bank, has a beautiful location in coastal provinces and densely populated urban areas such as Hanoi, Bac Ninh, Quang Ninh, Hai Phong, Hue, Vung Tau, Ho Chi Minh City, and Can Tho… with large-scale commercial real estate projects, diversified in types, spread across many segments.

On the side of Lotte, this is a corporation established in 1948, known as a multinational, multi-industry group headquartered in Songpa-gu, Seoul. Lotte is currently the 5th largest corporation in Korea, Top 10 in Asia with more than 120,000 employees in the country and over 60,000 people abroad, making a significant contribution to Korea's economic development for decades. .

Lotte Group has been doing business in Vietnam since 1996 and has achieved great success. The fact that Lotte Land of Lotte Group cooperates with Van Phu - Invest is considered a positive move of the group in expanding investment in Vietnam. With the rich experience, internal potential and project implementation ability of each party, the cooperation between Lotte Land and Van Phu - Invest promises to mark a new development step for both, and is expected to creating many regional projects for Vietnam in the future.

(finance.tvsi.com.vn)