Eng English
China 中国人

Eng English
China 中国人
  • News
  • World
  • Business
  • Entertainment
  • Sports
  • Law
  • Education
  • Health
  • Lifestyle
  • Travel
  • Science
  • Digital
  • Automobiles
  • Trở lại Thể thao
  • Business
Friday, 24/4/2026 | 08:01 GMT+7

VES rebrands as VinaLiving Group

VNECO Electrical Mechanical Joint Stock Company (VES) has rebranded as VinaLiving Group Joint Stock Company, restructuring its operations to focus on real estate and preparing for a stock market listing.

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.

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.

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*

By VnExpress: https://vnexpress.net/ves-doi-ten-thanh-vinaliving-group-5066387.html
Tags: corporate rebranding VES VinaLiving

News in the same category

Special consumption tax on electric vehicles maintained at 3% until end of 2030

Special consumption tax on electric vehicles maintained at 3% until end of 2030

The National Assembly finalized maintaining a 3% special consumption tax for electric cars with fewer than 9 seats until the end of 2030, after which it will increase to 11%.

Contractor approved to demolish Chi Lang Stadium at 50% below estimate

Contractor approved to demolish Chi Lang Stadium at 50% below estimate

The Da Nang Civil and Industrial Works Investment and Construction Project Management Board has approved a contractor for the demolition of Chi Lang Stadium at a cost of 2,2 billion VND, 50% lower than the initial estimate.

National Assembly finalizes removal of 500 million VND tax threshold for business households

National Assembly finalizes removal of 500 million VND tax threshold for business households

The National Assembly has approved the removal of the 500 million VND revenue threshold for business households subject to tax, empowering the government to adjust it, with a projected increase to 1 billion VND annually.

BIDV and partners launch Vietnam-Korea QR payment service

BIDV and partners launch Vietnam-Korea QR payment service

BIDV, in collaboration with Napas, Hana Bank, and GLN International, introduced a cross-border QR payment service between Vietnam and Korea on 23/4 in Hanoi.

ACB develops four solutions to support business households

ACB develops four solutions to support business households

ACB launches a series of financial incentives, reduced loan interest, market development capacity training, digital transformation, and brand development to help business households gradually transition in line with regulations.

Crude oil prices rise to 106 USD a barrel

Crude oil prices rise to 106 USD a barrel

News of conflict in the Middle East has driven Brent crude prices up for several consecutive sessions, now exceeding 106 USD a barrel.

Changes to peak and off-peak electricity usage hours

Changes to peak and off-peak electricity usage hours

Peak electricity hours are adjusted to evenings, from 5:30 PM to 10:30 PM on weekdays, while off-peak hours are from 12:00 AM to 6:00 AM daily.

Bui Thanh Nhon: Novaland stock does not reflect its true value

Bui Thanh Nhon: Novaland stock does not reflect its true value

According to Novaland’s founder, the stock price has not accurately reflected the company's value and recovery potential as legal obstacles are gradually being resolved.

Long Son Petrochemical Complex to halt operations

Long Son Petrochemical Complex to halt operations

SCG will temporarily suspend operations at the Long Son Petrochemical Complex from mid-May, citing the Middle East conflict's impact on raw material supplies.

Dong Nai adds new green industrial park valued at 1,800 billion VND

Dong Nai adds new green industrial park valued at 1,800 billion VND

Long Duc 3 industrial park, a 1,800 billion VND project by a Japanese investor, is being developed across Binh An and Long Thanh communes, adjacent to Long Thanh airport.

Eng English
China 中国人
  • News
  • World
  • Business
  • Entertainment
  • Sports
  • Law
  • Education
  • Health
  • Lifestyle
  • Travel
  • Science
  • Digital
  • Automobiles
FPT Tower, 10 Pham Van Bach Street, Dich Vong Ward,
Cau Giay District, Hanoi, Vietnam
Email: contacts@vnportal.net
Tel: 028 7300 9999 - Ext 8556
Advertise with us: 090 293 9644
Register
© Copyright 2026 vnnow.net. All rights reserved.
Terms of use Privacy policy Cookies