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Nam Long Group – The real estate developer pioneering sustainable leadership of the year

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Nam Long Group (HOSE: NLG) has been honored in the category of pioneer real estate developer for sustainable development of the year (Sustainable Leadership Awards) at the prestigious international Dot Property Vietnam Awards 2024.

The Dot Property Awards are among the most prestigious and reputable awards in the construction and real estate industry in Vietnam and Southeast Asia, known for their rigorous and transparent evaluation process by a panel of top real estate experts. This year, the Dot Property Vietnam Awards 2024 continue to focus on sharing sustainable, resilient, and breakthrough business models that thrive in crises through internal strength, emphasizing innovation to adapt and re-establish a pioneering position in the new development cycle.

Nam Long Group, with 32 years of development experience in the Vietnamese market, has always considered sustainable business as a long-term strategy throughout its operations, based on three main pillars: Environmental protection; Human resource development and Community engagement; and Responsible business practices.

In 2023, Nam Long focused on sustainable urban planning, developing residential communities, and engaging with local communities. Their ideal “integrated township” models, such as Mizuki Park (Binh Chanh), Akari City (Binh Tan), and Waterpoint (Long An), emphasize the development of high-quality social amenities like schools, parks, multifunctional sports areas, supermarkets, and cultural-entertainment destinations for the community. Over the past year, the integrated township Waterpoint hosted numerous large-scale social activities, including the National Tennis Championship, New Year’s Eve fireworks, the “Sunset by the Vam Co River” community run, and a series of events celebrating the 50th anniversary of Vietnam-Japan relations in Long An Province.

In addition to implementing sustainable development into product development, Nam Long also maintains strengths in sustainable and transparent management according to international standards. This has enhanced Nam Long’s reputation and brand image, attracting many international partners and investors with abundant and sustainable capital. Over the years, Nam Long has become a reputable destination for many international investors, such as IFC (World Bank) – USA, Keppel Land – Singapore, and Japanese investors like Hankyu Hanshin Properties Corp. and Nishi-Nippon Railroad Co., at both the company and project levels

At the sharing session themed “Sustainable Development: Building the Foundation for a new cycle of Vietnam Real Estate” during the award ceremony, Ms. Nguyen Thanh Huong, Group Chief Investment Officer, said: “Nam Long Group has experienced many ups and downs in the real estate market and the Vietnamese economy over the past 30 years. We always prepare flexible development strategies suitable for each stage of the market. For the new cycle of the real estate market, Nam Long has made certain preparations, especially in terms of capital and land funds. We have established many strategic partnerships with domestic and foreign investors, ensuring stable and efficient capital flows, helping to develop long-term projects and reduce risks during difficult periods.”

With the vision of becoming an Integrated Real Estate Group, Nam Long will continue to prioritize resources and land funds for products that meet real needs in its medium and long-term. This approach aims to create ‘living’ and livable township in developing localities, contributing to improving the urban landscape while enhancing the quality of living for the Vietnamese people.

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