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Our History

Establishment:

                        - On April 11, 2005, Phu Long Real Estate Co., Ltd. was established and started its business under the business registration certificate number 4102029176 issued by the Department of Planning and Investment of Ho Chi Minh City. The initial charter capital of the company is VND 75,000,000,000.

                        - On December 28, 2007, Phu Long Real Estate Co., Ltd was converted to Phu Long Real Estate Corporation with charter capital of VND 200,000,000,000.

Charter capital increase:

-      1st increase: July 17, 2007, from VND 75 billion to VND 200 billion.

-      2nd increase: December 31, 2009, from VND 200 billion to VND 500 billion.

-      3rd increase: August 2011, from VND 500 billion to VND 700 billion.

Phu Long is a member of:

  • - Vietnam Chamber of Commerce and Industry (VCCI)
  • - Hochiminh City Real Estate Association (HoREA)
  • - Vietnam Real Estate Association
  • - Vietnam Business Club (VBC).

 Phu Long’s milestones:

-     January 15, 2007: Entered a joint venture with Hoang Anh House Investment & Development Joint-Stock Company to establish Phu Hoang Anh Joint Stock Company

-     May 21, 2007: Contributed capital to establish PVFC Land Joint Stock Company

-     On June 14, 2007: Bought Eximbank’s shares issued for charter capital increase, thus became a strategic shareholder of Eximbank.

-    August 22, 2007: Contributed capital to establish Housing – Development Real Estate Joint Stock Company - HDReal.

-     December 03, 2007: Phu Long officially launched its Dragon City project – a city located at Saigon South with a scale of 65 hectares and total investment of USD 1 billion.

-     December 03, 2007: Signed the Cooperation Agreement with HSBC, ANZ, AgriBank, Vietcombank, Incombank, BIDV, PVFC, Eximbank, HDBank, ABBank,…

-     March 10, 2008:  Contributed capital to establish Saigon Sovico Phu Quoc Joint Stock Company - SSP

-     November 28, 2008: Phu Long officially offered Ngan Long Commercial Townhouses (Under Dragon City Project)

-     April 20, 2009: Bought shares of Vietinbank and became one of Vietinbank’s strategic shareholders

-     April 25, 2009: Signed Business Cooperation Agreement with PetroVietnam Gas Corporation (PV gas) and PetroVietnam Construction JS Corporation (PVC) to co-invest into the construction of PV Gas Tower, a Trade Center and Office Building project , under   Dragon City project (initially known as Dragon Tower).

-     July 29, 2009: Phu Long officially offered  Kim Long luxury Villas (under  Dragon City project).

-     November 13, 2009: Became a major shareholder of Hochiminh Development Holdings Commercial Bank (HDBank).

-     December 25, 2009: Signed Business Cooperation Agreement with selected partners to invest in the construction & operation of the Office Building 160 Tran Quang Khai Street, Hoan Kiem District, Hanoi.

-     ​August 02, 2010: Phu Long officially started the construction of an apartment complex project named Dragon Hill Residence & Suites (under Dragon City project).

-     ​May, 2010:  Phu Long Real Estate Coporation co-operated with selected strategic partners to invest in construction and operation of the Office building Project named HDTower, 25Bis Nguyen Thi Minh Khai, District 1, Hochiminh city.

-     July 16, 2010: Phu Long Real Estate Coporation and PVFC Land held a signing ceremony  of Cooperation Agreement of Construction and Operation of Apartment Building named Dragon PVFC Land.

Achievements and Prizes:

No

Achievements

Organizers/ Grantors

Granting Date

I/

CERTIFICATES:

   

1

Certificate of Membership of Vietnam Business Club (VBC), now renamed as  Vietnam Association of Consumer Goods Development (VACOD) Vietnam Business Club (now renamed as  Vietnam Association of Consumer Goods Development

July 13, 2007

2

Certificate of “A Beautiful, Spacious & Impressive Pavilion” at the Vietbuild international exhibition 2008 held from Septemer 03 – 07, 2008 at the Phu Tho Sports Complex, HCMC

The Organizers of the Vietbuild international exhibition

September 4, 2008

3

Certificate of Phu Long’s active participation, sponsorship, and contribution  to the success of the Vietbuild 2008 international exhibition "Construction-Construction Materials-Housing and Interior – Exterior Decoration” (September 03 – 07, 2008)

The Organizers of Vietbuild international exhibition

September 1, 2008

4

Certificate of Membership of Vietnam Network for Real Estate Transaction Floors

Vietnam Network of  Real Estate Transaction Floors

November 4, 2008

5

Certificate of “The Participant of  The Selection of typical Real Estate Transaction Floors of Year 2009”

The Organizers of Vietnam international real estate exhibition 2009

2009

6

Certificate of Phu Long’s rank  in Top 200 private enterprises paying highest company income tax in Vietnam in 2010

Vietnam Report Co-ordicated with Vietnamnet newspaper

2010

7

Certificate of Membership of Legal Club of Vietnam Enterprises

   

8

Certificate of Membership of Hochiminh City Real Estate Association

   

9

Certificate of Membership of Vietnam Chamber of Commerce and Industry

   

10

Certificate of Membership of Vietnam Real Estate Association

Vietnam Real Estate Association

2011

11

Phu Long is a member of the Top 1000 enterprises in Vietnam paying highest income tax in 2011

Vietnam Report co-ordicated with Vietnamnet newspaper

2011

12

Phu Long was in the Top 500 leading products and services in Vietnam

VNNC GROUP

2011

13

Phu Long was granted the title of Cultured Enterprise and Crtification for UNESCO achievements

World Federation of UNESCO Associations

2011

14

Phu Long real estate corporation was granted certificate of the quality management standard ISO 9001: 2008 in the area of of real estate investment, management and development by the Det Norske Veritas (DNV)

Det Norske Veritas (DNV)

March 15, 2011

15

Phu Long obtained the title of Vietnam Strong Brandname

The VnEconomy

Feb 1, 2012

II/

PRIZES:

   

1

Bronze prize “Typical real estate  transaction floor of year 2009"

Real estate association

2009

2

"Company successfully completed its business plan,  year  2009"

Sovico Holdings

2009

3

"Company excellently completed its business plan,  year  2010"

Sovico Holdings

2010

4

"Company excellently completed its business plan,  year  2011"

Sovico Holdings

2011

III/

CERTIFICATES OF MERIT:

   

1

Certificate of merit for Phu Long’s active  propaganda and support to the progam “For the Poor” in year 2008

Fatherland Front Committee in Hochiminh City

Jan 12, 2009

2

Certificate of merit for Phu Long’s achievements in organizing, developing, participating in acitivities of Real Estate Association, contributing to the growth of real estate market of the city during Term 1 (2005-2010)

UBND Tp.HCM

Dec 10, 2010

IV/

THANK YOU LETTERS:

   

1

Thank- you letter of District Party Committee, People council, People’s Committee; Fatherland front committee of Nha Be district  for Phu Long’s sponsorship of “ Funding for the poors and families supported by social policies”

District Party Committee, People council, People’s Committee; Fatherland front committee of Nha Be district

July 14, 2007

2

Thank-you letter of People’s Committee of Phuoc Lai ward for Phu Long’s sponsorship of VND 15 million to purchase medicines for free health check up for the poors of Phuoc Lai ward in 2009

People’s Committee of Phuoc Lai ward

21/11/2009

3

Thank-you letter of People’s Committee of Nha be district for Phu Long’s sponsorship of VND  50 million for "2nd flower light festival” on the occasion of Tet 2009

People’s Committee of Nha be District

2009

4

Thank-you letter of Nha Be Water Supply Corporation for Phu Long’s contribution to the movement of construction of houses of gratitude – compassion for poor families & martyrs’ families, year 2009

Nha Be Water Supply Corporation

Feb 4, 2010

5

Thank-you letter of Thanh Loc Center for Caring & Sponsoring Paralytic People, under the Department of Labor, War Invalids and Social Affairs of Hochiminh city, for Phu Long’s active contribution of cash and commodities for assitance of the elderly Thanh Loc Center for Caring & Sponsoring Paralytic People Jan 1, 2010

6

Thank-you letter of General Department of Land Admistration for  Phu Long’s active support to organize the 65 Years Anniversary  (03/10/1945-03/10/2010) and receive the 1st ranking Independence Medal

General Department of Land Administration

Oct 1, 2010

7

Thank-you letter of Steering Board of Storms and Floods Fighting & Prevention and Rescue of the City for Phu Long’s duly contribution to the floods prevention & fighting fund 2010.

Steering Board of Storms and Floods Fighting &

Prevention and Rescue of the City

Dec 30, 2010

8

Letter acknowledging good deeds by the organizers of 11st World Conference of Women Buddhists for Phu Long’s sponsorship of VD 15 milion to organize the conference  for Women Buddhists in Hochiminh City

The organizers of 11st World Conference of WomenBuddhists

Dec 14, 2009

9

Thank-you letter of Lam Quang pagoda for Phu Long’s visit and giving Tet gifts to lonely elderly living in the pagoda

Lam Quang pagoda

Jan 27, 2011

10

Thank-you letter of The program “The Hearts of sympathy” for Phu Long’s sponsorship for fund raising program to help handicapped people

Thu Do Communications Company

March 1, 2011

11

Thank-you letter of programs  “Flying with your Dreams” – “Crossing rivers for Education” for Phu Long’s sponsorship for fund raising program to help children suffering from difficulties to go to school

Vietnam study encouragement society

Sep 1, 2011

12

Thank-you letter of people’s committee of Tan Lap ward, Moc Hoa district, Long An province for Phu Long’s sponsorship of gifts for 300 poor families affected by floods in 2011.

People’s committee of Tan Lap ward, Moc Hoa district, Long An province

Jan 29, 2011

13

Thank-you letter of Center for Social Protection of Chanh Phu Hoa, Binh Duong province for Phu Long’s sponsorship of commodities for taking care of the elderly, handicapped people and street children

Center for Social Protection of Chanh Phu Hoa, Binh duong province

2010, 2011 & 2012

14

Thank-you letter of Center for Children Protection of Ben Tre province for Phu Long’s gifts to take care of children without parents, home, suffering from extreme difficulties.

Center for Children Protection of Ben Tre province

Sep 9, 2012

15

Thank-you letter of Handicapped Children Education Center of Ben Tre province for Phu Long’s interest in and care for the handicapped children

Handicapped Children Education Center of Ben Tre province

Sep 9, 2012

16

Thank-you letter of Center for Social Protection of Chau Thanh district, Ben Tre province for Phu Long’s visit and giving gifts to old people

Center for Social Protection of Chau Thanh district, Ben Tre province

Sep 9, 2012