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Van Phu - Invest two consecutive years named among the top 500 Vietnam fastest-growing businesses - FAST500

25/04/2022

On April 22, in Hanoi, Van Phu - Invest Investment Joint Stock Company was honoured by Vietnam Report JSC and the VietNamNet e-newspaper as one of the fastest-growing enterprises in Vietnam (FAST500), maintaining its position in this respected ranking for the second consecutive year.

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Van Phu - Invest is one of the fastest-growing businesses in Vietnam - FAST 500 for two consecutive years

Starting in 2011, FAST500 is the list of 500 fastest-growing enterprises in Vietnam. This annual ranking is evaluated independently by Vietnam Report Joint Stock Company (Vietnam Report) in collaboration with the VietNamNet e-newspaper. The enterprises listed in this ranking need to concurrently satisfy many evaluation criteria from experts, such as: having a stable business performance for four consecutive years by the time of assessment; having a compound annual growth rate (CAGR) for four years; high and stable business efficiency (total assets, profit, capital efficiency, asset usage efficiency...); well abide by the provisions of the law; various contributions to the community and society…

Overcoming the difficulties of the covid-19 pandemic, Van Phu - Invest has achieved positive business results with the planned targets completed and exceeded. During the year, Van Phu - Invest recorded good revenue from projects and continued to implement numerous main projects. Thanks to the outstanding business results, Van Phu - Invest has satisfied the rigorous criteria set forth by FAST500.

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Typically, in 2021, Van Phu - Invest has done the Vlasta - Sam Son project' groundbreaking (Thanh Hoa). This project is key to the enterprise in 2022, with a scale of 28.4 hectares consisted of 594 low-rise houses, including adjacent townhouses, Villas, and shophouses, expected to open for sale in 2022. In addition, the Vlasta - Thuy Nguyen project (Hai Phong) on a scale of 30 hectares, with 1019 villas, townhouses, and shophouses, is expected to start construction in the 3rd quarter of 2022.

Furthermore, the 51-hectare Con Khuong - Can Tho New Urban Area project is also expected to start construction in the fourth quarter of 2022 and open for sale in the first quarter of 2023. The project includes many products such as hotels, commercial centres, 115 luxury single-family villas, 951 shophouses, adjoining townhouses, etc. The project is promising to change the face of Can Tho city in particular and the Mekong Delta in general.

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Besides FAST500, in 2021, Van Phu - Invest also won various prestigious awards awarded by domestic and foreign organisations such as VNR500 (Top 500 largest enterprises in Vietnam), Top 20 famous brands, competitive brands (awarded by the Vietnam Intellectual Property Association), Vietnam's Best Companies to Work for in Asia Awards (HR Asia), Certificate of Merit from the Hanoi People's Committee for businesses with outstanding business activities along with many other awards.

“To attain positive business results amid the pandemic situation and the general difficulty situation of the whole country, both the Board of Directors and the entire staff of Van Phu - Invest have made great efforts. Van Phu - Invest is always prepared before all changes in the economy. We have a pragmatic business plan, develop scenarios and strategies to handle all the worst situations, and at the same time constantly strengthen the internal organisation via training and fostering human resources, combined with international cooperation to open up new opportunities. With great consensus, professionalism, and dedication, Van Phu - Invest attained and continues to maintain its reputation to partners and customers, therefore, step by step affirming and upholding its position in the real estate market of Vietnam”, shared the Van Phu - Invest representative.

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