Vingroup establishes property investment company

The VMI Real Estate Investment and Management Joint Stock Company (VMI JSC) was established on October 6, with Mr. Pham Nhat Vuong, Chairman of Vietnam’s largest private company, Vingroup, as the main shareholder. The VMI JSC was established to assist small capital investors with opportunities to invest in real estate, manage properties, and develop the secondary market to increase liquidity and the value of properties owned by Vingroup subsidiary Vinhomes.