Novaland’s NVL shares have seen remarkable growth, rising nearly 30% within just 5 trading sessions from November 12 to 18, from 12,200 VND to 15,850 VND. The boost is primarily due to the Dong Nai Department of Construction approving 204 homes in the Ever Green 1 area for business operations. By October 2025, Aqua City has been authorized for nearly 2,400 transactions. Novaland’s CEO, Duong Van Bac, stated that the project has overcome difficult periods and is set to be completed by 2026, with land-use certificates set to be delivered between 2026-2027. Although the company reported revenues nearing 5.4 trillion VND in the first nine months of 2025, it still recorded a loss of 1.82 trillion VND due to a decline in financial income. Dong Nai province is committed to supporting Novaland in implementing the project.
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