The Valley of Dreams II – Luxury project is a joint venture between SetiaBecamex Joint Stock Company as the investor and AZB Joint Stock Company as the general contractor. The groundbreaking ceremony marks the collaboration between the two companies in developing high-quality, modern, and environmentally friendly projects in Vietnam.
The ceremony was attended by local government leaders, including the Secretary of the Party Committee and the Chairman of the People’s Committee of Thới Hòa and Chánh Phú Hòa wards. This project is expected to significantly contribute to urban development in the area.

Groundbreaking ceremony at the project site
Speaking at the event, Mr. Trần Minh Nhơn – CEO of AZB, shared:
“This groundbreaking event not only marks the beginning of a construction project but also opens a journey to create sustainable values for the community and society. I am confident that, with the unity and close cooperation between the investor and the general contractor, the project will be successfully implemented, enhancing the urban landscape of Ecolakes and setting a new standard for modern, luxurious, and distinctive living.”
AZB is committed to professional, safe, and timely construction, ensuring high quality. We strive to deliver a project that excels both technically and aesthetically, meeting the expectations of SetiaBecamex and the local community.”

Mr. Trần Minh Nhơn – CEO of AZB Joint Stock Company
AZB Joint Stock Company – A Trusted General Contractor with a Sustainable Vision
AZB Joint Stock Company, established on March 30, 2011, specializes in design and construction contracting for commercial, residential, and industrial projects. Over nearly 15 years, AZB has built a reputation in the construction market with numerous large-scale industrial, residential, and infrastructure projects. Notably, the company has experience in construction according to international technical standards, having participated in projects funded by Asia, Europe, the Americas, Japan, and South Korea—markets with stringent requirements for safety, timelines, and quality.
From 2020 to 2024, AZB has consistently ranked in the Top 500 Largest Private Enterprises in Vietnam, as announced by Vietnam Report. In 2024, the company was honored as “Asia’s Best Employer” by HR Asia Awards, a prestigious award organized by HR Asia Magazine (Singapore), recognizing AZB’s efforts in creating a professional and sustainable work environment.
Guided by the philosophy “Building trust through credibility and strict adherence to commitments,” AZB continuously enhances its general contracting capabilities, maintaining its commitment to delivering projects that meet safety, quality, timeline, and aesthetic standards.

Engineering team at AZB
Valley of Dreams II – Luxury: A Landmark in Ecolakes
Valley of Dreams II – Luxury spans a total area of 16.47 hectares, featuring 259 luxurious single and semi-detached villas and mansions. All are designed in a modern Home-retreat style, blending high-end amenities with lush greenery.
Valley of Dreams II – Luxury is set to become the “green gem” of Ecolakes Mỹ Phước. The project’s highlight is the nearly 5-hectare Dreams Park and Forest Park, inspired by nature and pristine forests. It offers a diverse ecological space along with modern amenities: an infinity pool, sports center, walking and cycling paths, BBQ area, gym, yoga studio, plaza, and scenic waterfront.

Project overview – Image source: SetiaBecamex
This key project marks the development of the Ecolakes Mỹ Phước Eco-Urban Area, enhancing the urban landscape of the region. With the collaboration of investor SetiaBecamex, general contractor AZB, and the support of local authorities, Valley of Dreams II – Luxury is expected to set a new standard for modern and sustainable living in Ho Chi Minh City.
Why Hai Phong is the “Star” of the Northern Real Estate Market?
As 2024 draws to a close, Hai Phong remains steadfast in its position as one of Vietnam’s top-performing economies. The real estate sector has played a significant role in this success, with mega-projects of unprecedented scale gracing the city, such as Vinhomes Royal Island. This thriving port city has cemented its place as a powerhouse, attracting investors and businesses alike with its impressive growth trajectory.