Vinhomes Riverside named World’s Best Property in London
Vinhomes Riverside, a high-end ecological riverside urban complex, developed by VinGroup’s Vinhomes, has been named the World’s Best Property at the 2018 International Property Awards (IPA).
A corner of Vinhomes Riverside. (Photo: vinhomesland.vn)
Hanoi (VNA) – Vinhomes Riverside, a high-end ecologicalriverside urban complex developed by VinGroup’s Vinhomes, has been named the World’s Best Property at the 2018International Property Awards (IPA).
It is the first Vietnamese real estate project to grab the title, thehighest among the IPAs.
The high-end project also won the Best International ResidentialDevelopment and the Best Residential Development Asia Pacific at the 2018 IPAwhich took place in London earlier this week.
The World’s Best Property award reflects not only an achievement ofVinGroup but also the competence of Vietnam’s real estate developers, saidVinhomes CEO Nguyen Dieu Linh.
It showed that Vietnamese developers have risen to the level of, evenoutweighed, many international players in creating the most livable spaces,she said.
Vinhomes, asubsidiary of Vingroup, is responsible for real estate development of thegroup, with a charter capital of nearly 26.38 trillion VND (1.13 billion USD).
Since 2012, arange of the firm’s projects have been continuously awarded in differentcategories of the IPA, such as the Best Mixed-Used Development and the BestRetail Development.
The 183-hectare Vinhomes Riverside is located in Long Bien district, justover 6km from downtown Hanoi. It offers a total of more than 1,400 luxuryvillas, surrounded by lakes and natural green areas of about 60 hectares tocreate a balance between people and nature.
The International Property Awards, givenaway annually by the UK-based International Property Media Ltd., areopen to residential and commercial property professionals from around theglobe.
The awards celebrate the highest levels of achievement by companies operatingin all sectors of the property and real estate industry, and an IPA is thus aworld-renowned mark of excellence.
The awards are split into regions covering Africa, Asia Pacific,Arabia, Canada, Caribbean, Central and South America, Europe, the UK, and the USA.The highest-scoring winners from each region are automatically entered into theoverall International Awards, which ultimately determine the world’s finestproperty companies. –VNA
Vingroup-run Times City urban area and Vincom Mega Mall Times City trade centre have been honoured with Vietnam’s “Best Mixed-used Development” and “Best Retail Development” awards 2015 by the Asia Pacific Property Awards.
Realty developer Vingroup (VIC) has announced consolidated sales of over 15 trillion VND (671 million USD) in the first quarter of this year, a two-fold increase over the same period last year.
The real estate market in the west and southwest of Hanoi is expected to develop further with the development of infrastructure and high demand, according to experts.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.