Tag: strategic shareholder

A prime piece of real estate on Hà Trung Street is currently on the market for a staggering 135 billion VND, equating to approximately 1.5 billion VND per square meter—a price rarely seen even in Hanoi's historic Old Quarter. What makes this mere 210-meter-long street perpetually in high demand?

According to Mr. Hoang, the critical issue is not merely the flow of capital, but whether the market possesses sufficient "commodities" to effectively absorb this capital. In this context, the privatization of state-owned enterprises plays a particularly vital role.

In 2025, GELEX Infrastructure is poised to achieve remarkable business results, targeting a revenue of VND 15,445 billion, a 21.5% increase, and pre-tax profit of VND 1,925 billion, up 18.5% compared to 2024 performance.