HÀ NỘI — Fifty-four businesses and projects were honoured at the Việt Nam Property Awards 2018 in Hà Nội last Saturday in recognition of their significant contributions to the development of the real estate market.

The awards were launched by the Việt Nam Real Estate Association (VNREA), the Management Agency for Housing and Real Estate Market under the Ministry of Construction and the VTV24 news centre.

Speaking at the awards ceremony, Deputy Prime Minister Trịnh Đình Dũng said after a period of decline, the real estate market has recovered and developed strongly, with both high liquidity and reasonable structure, helping modernise urban areas.

The increasing areas of social housing projects have created homes for nearly 500,000 low-income people and workers at industrial parks, he said.

The awards encouraged domestic businesses to increase their corporate social responsibility, competitiveness and develop trademarks to meet international standards, he added.

Vingroup, Sun Group, and FLC Group were among the winners of the prestigious real estate developer awards, while the best urban projects were Ecopark, Phu My Hung (Ho Chi Minh City), Phu Long – Dragon City (HCM City), Ciputra – Udic (Hanoi), Lakeview City (HCM City), and Vinhomes Riverside (Hanoi).

The best resort development awards went to FLC Quy Nhon Beach & Golf Resort (Binh Dinh province), Premier Village Da Nang Resort, Novotel Phu Quoc Resort-Novotel Villas (Kien Giang province), Silk Path Sa Pa Resort & Spa (Lao Cai province), and Flamingo Dai Lai Resort (Vinh Phuc province).

The Eurowindow Office Building and Vincom Centre in Hanoi and HCM City-based Cantavil Premier won the best office building for rent and shopping mall awards. — VNS