This decision was approved at the annual general meeting on 22/4, alongside the completion of the management apparatus for the 2026-2030 term.
The new board of directors includes personnel from the VinaCapital ecosystem: Tran Thanh Hai, deputy general director of the Energy and Infrastructure division; Le Thanh Nguyen An, deputy general director and head of human resources; Ho Thi My Diem, chief operating officer of the Finance and Accounting division; and Do Chi Hieu, general director of VinaLiving.
The company announced it will fully concentrate its operations on the VinaLiving real estate brand.
For 2026, the company targets 250 billion VND in revenue and 50 billion VND in after-tax profit, primarily from sales and project development management. According to the company, this profit target is not exceptionally high but reflects a cautious approach during a pivotal phase, as the company strengthens its operational foundation and prepares for growth expansion.
The company plans to transfer its listing from UPCoM to the main stock exchange. The application is expected to be completed in 2026, with a target listing in Q2-Q3/2027.
According to the plan, the listing aims to increase transparency, stock liquidity, and access to capital markets.
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Salacia Villas, a project VinaLiving is actively developing. *Photo: VinaLiving* |
VinaLiving, a real estate developer under VinaCapital, has over 15 years of experience, having implemented nearly 20 projects with a total investment of approximately 1 billion USD.
Its project portfolio spans various locations including Da Nang, Quy Nhon, Ho Chi Minh City (TP HCM), and Dong Nai. Key projects include The Ocean Villas Da Nang, Hoiana Shores Golf & Villas, Maia Resort Quy Nhon, Maia Resort Ho Tram, and Nine South Estates.
VinaLiving is actively boosting sales at existing projects, including Maia Resort Quy Nhon (34 ha, Gia Lai) and Salacia Villas (7,2 ha, TP HCM). Notably, VinaLiving recently launched phase one sales for Salacia Villas, recording 800 billion VND in pre-sales. Concurrently, plans to introduce the Hill Villa subdivision within the Vinh Hoi mega-project (236 ha, Gia Lai) will further enhance the strategic supply for the upcoming period.
Beyond sales activities, the company maintains revenue streams from project management and development consulting services, including projects in Ho Tram.
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The Ocean Resort Quy Nhon, one of VinaLiving's prominent landmarks. *Photo: VinaLiving* |
The VinaLiving brand was established in 2010. Its predecessor was VinaLand, a real estate investment fund previously listed on the London stock exchange. In 2019, VinaLiving was established as a joint stock company to enhance governance transparency and create a market-oriented platform for capital mobilization. As of 31/12/2025, the company's charter capital was approximately 792,5 billion VND.
Earlier this year, VinaLiving issued two bond lots totaling 190 billion VND.
*Linh Lam*

