According to the recently published document of the 2023 Annual General Meeting of Shareholders, Vinhomes Joint Stock Company (HOSE: VHM) sets a target of 2023 with a revenue of VND 100,000 billion and profit after tax of VND 30 trillion, an increase of 60% and 3% respectively compared to the implementation of the year before.

To achieve this goal, in 2023, Vinhomes will base on the following main pillars: 

In the residential real estate segment, which is a strength, the Company will continue to promote sales and handover activities at Vinhomes Ocean Park 2, and Vinhomes Ocean Park 3. Vinhomes intends to continue implementing sales activities at the remaining apartment funds of these two projects.

Vinhomes intends to research and launch new megacity projects in 2023, depending on the market situation. Vinhomes said that Vinhomes-branded mega-projects and mega-projects in the future would also have large scale, unique landscapes, high-class utility systems, and the application of many clever features in operation management.

Vinhomes' unhandled sales reached VND 107.6 trillion at the end of 2022. The Company will continue to focus on quality supervision, speeding up construction progress to quickly hand over products to home buyers on schedule and realize financial results for 2023.

A further driver for revenue in 2023 is the development of a social housing project. Promoting the development of social housing projects such as Happy Home is one of the development focus of Vinhomes in the coming time. 

After breaking ground for the first two projects in Thanh Hoa and Quang Tri in 2022, the Company will continue to open and sell these two projects and deploy the following social housing projects, with a fully integrated model of basic facilities such as schools, commercial centers, children's play areas, parks, sports areas...

Read more: Vinhomes establishes two subsidiaries with trillions of dong capital » Breaking News, Latest World News Updates - VietReader Viet Nam

Besides, in the field of industrial real estate, Vinhomes is actively promoting investment promotion activities to increase the occupancy rate in the Cat Hai project, Hai Phong. With the available advantages of the land fund and project implementation experience as well as solid supporting factors for the industry's positive growth potential, in 2023, Vinhomes will accelerate legal completion and infrastructure construction to be ready to sign with partners as soon as the following industrial park/industrial cluster projects come into operation. 

The Vinhomes shareholder meeting is scheduled to be held on the morning of April 27. This meeting also consulted on changing the head office, not paying dividends and keeping most of the profits to invest in production, business activities, and re-electing the Board of Directors for the term 2023-2028.

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