Regarding the information that some newspapers mentioned about the conclusion of the Government inspector on the state management and law implementation in planning and managing land, construction and environment of industrial areas and urban areas; converting houses and public land to other purposes in Ho Chi Minh City, Novaland Group would like to provide the following information:
 
Currently, the review of the project implementation process of enterprises at the request of the State inspector and audit - including projects invested and developed by Novaland Group - is a commonly required process in business operations. This is to ensure that the implementation of procedures is rigorous and complete, in accordance with the law as well as to determine project transparency.
 
With the determination of always complying with the provisions of the law as well as the desire to promote the development of the real estate market, in the process of project investment and development, Novaland Group always abides by the instructions and regulations of the Government. At the same time, Novaland Group commits to always be ready to coordinate with Local Governments as soon as we receive the official notice to complete the project's legal procedures and fulfill financial obligations to ensure the legitimate interests of customers, residents, investors and related parties.
 
After 29 years of incorporation and development, Novaland Group is now one of the leading prestigious Real Estate Developer brands in Vietnam and also included in the top 30 largest listed companies – VN30. In addition, Novaland Group share again made it to Viet Nam Sustainability Index (VNSI) and was listed on the Singapore Stock Exchange (SGX). Currently, Novaland Group has been contributing to the process of urban development and embellishment of Ho Chi Minh City with around 40 projects and many other projects with a scale of thousands of hectares being implemented in neighboring provinces. Therefore, Novaland Group always receives the trust and enthusiastic support of hundreds of thousands of customers for the Company's products as well as recognition from local authorities at all levels as well as international organizations.

Novaland Group firmly believes that the Government and agencies always accompany the development of businesses, contributing to building the real estate market as well as the investment environment in the direction of professionalism, transparency, stability and sustainability. Novaland is committed to accompanying the City in urban development as well as in social activities and community development.