What’s Going on with Novaland?

The Novaland stock (NVL) has recently seen strong growth amidst challenging market conditions, reaching 13,500 VND per share, with three consecutive sessions hitting the ceiling price. This increase is accompanied by significant cash flow, indicating positive investor sentiment. NovaGroup, Novaland’s parent company, is expanding into healthcare, signing a partnership with the University of Medicine and Pharmacy Hospital in Ho Chi Minh City to develop high-quality elderly care services. Additionally, NovaGroup is collaborating with FPT Corporation to consult on digital transformation for its ecosystem. Furthermore, the Aqua City project in Dong Nai is accelerating construction and enhancing amenities after overcoming legal hurdles. Despite the adjustment from Diamond Properties reducing its NVL ownership, Novaland’s financial results for 2025 show revenue reaching 6,965 billion VND and a substantial net profit increase compared to the previous year.