Conquering Iconic Urban Destinations
Amid the vibrant landscape of regional real estate, S P Setia Berhad stands as the “architect” of thriving communities. Beyond constructing buildings, the brand curates experiences, preserves traditions, and nurtures sustainable ecosystems, pursuing an integrated approach to unlock long-term value.
Founded in 1974 in Malaysia, S P Setia has grown into one of Southeast Asia’s most prestigious and established international property developers, with 42 ongoing projects. Listed on the stock exchange since 1993, the group has expanded to esteemed markets such as the UK, Australia, China, and is among the first foreign entities to enter Vietnam.
S P Setia’s stature is underscored by its diverse investment strategy and visionary leadership, developing large-scale satellite cities, mixed-use complexes, international schools, luxury hotels, and high-potential industrial properties. Among these, the Battersea Power Station in London stands as an unparalleled masterpiece.
Through ingenious design, S P Setia revitalized the historic power station on the banks of the Thames, transforming the industrial relic into a £9 billion commercial hub. In the article “Every square inch monetised,” The Guardian describes Battersea Power Station as a luxurious development housing Apple UK’s headquarters and high-end brands like Rolex and Cartier. Financial Times applauds its success in attracting residents and businesses, establishing it as a premier destination.
Battersea Power Station exemplifies S P Setia’s ability to redefine property value while embodying sustainable development, creating timeless legacies that evolve with the era.
In Malaysia, S P Setia proudly owns iconic assets like Setia City and Setia Alam, reshaping urban landscapes and elevating lifestyles in key hubs.
While prioritizing community recognition over accolades, the developer boasts 19 FIABCI World Prix d’Excellence awards, the “Oscars” of real estate. S P Setia’s projects are celebrated for their exceptional master planning, world-class landscaping, and strategic vision, cementing its leadership in modern urban development.
“True Value” – S P Setia’s Foundation in Vietnam
S P Setia’s success in Vietnam lies not in numbers or projects, but in the profound values it has cultivated since 2007. Amid market fluctuations driven by speculative pricing, S P Setia remains committed to “true value,” grounding real estate in its core essence.
A representative of S P Setia shares: “Our goal is not short-term trends, but creating spaces that reflect personal philosophies, sustainability, and prosperity.”
This unwavering commitment to “true value” has enabled S P Setia to craft meaningful living spaces in Vietnam. By honoring communities, preserving nature, and introducing international standards, each project transcends time, offering both material and spiritual significance.
Over a decade ago, Ecolakes Binh Duong pioneered eco-urban living in Vietnam. Today, Setia Edenia in Lai Thieu, Ho Chi Minh City, marks a strategic evolution, blending global expertise with local cultural insights. Nestled in the vibrant heart of the city, Setia Edenia embodies three pillars: Prosperity, Connectivity, and Serenity, within a verdant, inspiring sanctuary.

Setia Edenia is dubbed the rare “10-minute project,” offering easy access to premium external amenities.
Located on the vital National Highway 13, Setia Edenia is dubbed the “10-minute project,” where residents can walk to the future Metro station, Lotte Mall, Becamex International Hospital, and nearby schools within 10 minutes.
By car, a 10-minute drive connects residents to an international golf course, AEON Mall, Lai Thieu Market, and major industrial zones—centers of employment and economic opportunity. This multi-dimensional connectivity optimizes time and distance, fostering prosperity and enhancing property value and quality of life.

Setia Edenia features mature greenery, premium amenities, and a prime location within the established Eco Xuan urban area.
Amid modern life’s pace, Setia Edenia maintains a low-density design, allowing sunlight and breezes to permeate every home. Each day begins with nature, fostering tranquility and balance. Culminating 50 years of global heritage, Setia Edenia affirms: true real estate value is measured by the lifestyle it offers its owners.
Setia Edenia is scheduled for market launch in Q4/2025.
Contact: Customer Service Department
Address: Sales Office at Setia Edenia, Lai Thieu Ward, Ho Chi Minh City
Website: setia-edenia.com.vn
Hotline: 0947.012.255
VIB Completes Additional Contribution of VND 5.75 Billion, Adding VND 2,624 Billion to the 2024 National Budget
Pursuant to Decision No. 3220/QD dated October 10, 2025, issued by the Tax Department, Vietnam International Commercial Joint Stock Bank (VIB) has completed an additional tax payment of VND 5.75 billion for the year 2024. This brings the total tax contribution to the State Budget for 2024 to nearly VND 2,624 billion.
Seven New Bridges to Span the Red River
In alignment with the revised Master Plan for the Capital, alongside existing bridges and those under construction as of 2025—including Trần Hưng Đạo, Tứ Liên, Ngọc Hồi, and Thượng Cát—seven additional road bridges will be added within the central area (Liên Trung Bridge, Tàm Xá Bridge, An Dương Bridge, Ngọc Thụy Bridge, Cự Khối Bridge, Bát Tràng Bridge, and Khuyến Lương Bridge). This expansion will bring the total number of bridges crossing the Red River in the central urban area to 21.