After nearly a year full of difficulties and fluctuations in the economy, in the first 6 months of 2023, the domestic real estate market has witnessed several postive signs. However, the tightening of real estate credit policies by financial institutions and the slower-than-expected recovery in market confidence continue to be major barriers that make Novaland's liquidity not as stable as expected. This leads to a decrease in the Company's revenue and profits recorded in semi-annual financial reports.

Started at the end of November 2020, contractors have started construction again after a period of social distancing.

The Prime Minister has just approved the investment policy of the Bien Hoa - Vung Tau expressway construction investment project (phase 1) under the public-private partnership (PPP) method, with a total investment of VND 19,616 billion.

On June 16, the Government issued a resolution allowing the application of a specific mechanism in licensing the exploitation of minerals as common building materials, in order to supply soil for some sections on the East North-South Expressway in the period 2017 – 2020.

Novaland officially announces reopening some Real Estate Centers, Real Estate Trading floors from June 4, 2021, the details are as follows:

Comparative economic forecasts
The latest available economic data for Viet Nam compared to countries in Southeast Asia.