Report

NVL – The return journey of the "giant" of the Real Estate industry

• Accumulated in 10M2025, NVL recorded revenue of VND 5,292 billion (+22% YoY), mainly from the handover of projects: NovaWorld Phan Thiet, Aqua City, NovaWorld Ho Tram and projects in Ho Chi Minh City.
• In the period of 2025-2028, NVL is expected to reach a revenue drop point in 2027 and 2028, with total products handed over of 17,956 units and 8,557 units, respectively. Revenue from key projects such as Aqua City and NovaWorld Ho Tram will make a strong contribution, reaching VND 226,461 billion in 2027 and VND 117,556 billion in 2028.
Provider
Viet Dragon Securities
Viet Dragon Securities

Viet Dragon Securities belongs to top 20 biggest securities companies in terms of chartered capital in Vietnam. With a qualified, dedicated and professional team, a widespread network, advanced technology, diversified products and services, and good relationship with local and foreign institutions, we provide a wide range of services and products to our clients both individuals and institutions, both local and foreign. We commit to provide our clients with promising investment opportunities and a comprehensive and professional financial investment services.

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Analysts
Giao Nguyen

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