On May 5, 2025, Vinhomes and CapitaLand Development (CLD) announced a memorandum of understanding for a comprehensive strategic partnership in real estate, marking a significant milestone in their collaboration. The agreement aims to strengthen cooperation and leverage each other’s strengths: Vinhomes’ extensive urban management experience and CLD’s project development expertise. Tan Wee Hsien, CEO of CLD, highlighted Vietnam’s status as a key market and expressed intentions to double investment in the next five years. Nguyen Dieu Linh from Vinhomes emphasized this as a crucial step in developing high-class urban areas in Vietnam. CLD has successfully invested in projects like Lumi Hanoi and will soon launch The Fullton at Vinhomes Ocean Park 3. Vinhomes, the leading real estate firm in Vietnam, manages 30 urban areas nationwide, while CLD has a portfolio valued at approximately SGD 21.5 billion.
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