In 2024, CafeF announced the PRIVATE 100 and VNTAX 200 lists for the first time to honor businesses contributing significantly to Vietnam’s budget. The Top 20 private real estate companies contributed over 63.2 trillion VND, a 60% increase year-over-year. Vinhomes topped the list with 40.142 trillion VND, benefiting from several major projects. Other notable companies included Nam Long, BIM Group, and DOJILAND, along with construction firms. Looking ahead, real estate companies are expected to make considerable additional budget contributions due to the approval of numerous large projects. In Hanoi, land-related revenue for the first half of the year reached 86.751 trillion VND, a 602% increase compared to the same period last year, primarily driven by major projects from Vingroup and Sunshine Group. Overall, the budget revenue from real estate is on the rise, significantly aiding economic and social development.
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