Phat Dat reinforces market position with breakthrough 2025 strategy

On February 28, 2025, Phat Dat Real Estate Development Corporation (HoSE: PDR) hosted a live-stream analyst meeting featuring Chairman Nguyen Van Dat, CEO Bui Quang Anh Vu, and financial expert “Uncle Ba Finance” Lam Minh Chanh. The event not only reviewed 2024 achievements but also unveiled ambitious development plans for 2025, reinforcing PDR’s position in Vietnam’s real estate sector.

The live-stream Analyst Meeting featuring PDR Leadership and Financial Expert Lam Minh Chanh (“Uncle Ba Finance”)

2024 Key Achievements

The year 2024 marked PDR’s comprehensive transformation, completing corporate restructuring, portfolio optimization, and delivering outstanding business results. PDR recorded VND 2,017 billion in net revenue and VND 522.8 billion in post-tax profit. These figures demonstrate the success of PDR’s cost management strategy, balanced portfolio structure, and effective execution of flagship projects like Quy Nhon Iconic. Additionally, the 14.5% growth in total assets to VND 24,116 trillion reaffirms PDR’s stature and growth potential.

The company maintained strong cash flow control, recovering over VND 1 trillion in receivables from Danh Khoi while ensuring on-schedule collections from Quy Nhon Iconic. This financial discipline positions PDR for accelerated expansion in 2025.

Quy Nhon Iconic Project in Binh Dinh Province

Strategic Project Portfolio

PDR’s 2025 pipeline features a strategic project portfolio with outstanding value added to the real estate market. Key projects for 2025 include:

• Thuan An 1 & 2 (Binh Duong): LEED-certified urban complex near HCMC that offer green, modern and sustainable living environment, with infrastructure completed and sales launching Q2/2025.
• Quy Nhon Iconic Phase 2 (Binh Dinh): A premium township with synchronized infrastructure and high-class facilities that meets both investment and residential purposes. Its sales is expected from March 2025.
• Q1 Tower (Quy Nhon): a beachfront condotel tower capitalizing on Central Vietnam’s tourism boom for lucrative investments, launching from April 2025.
• Con Dao Resort Complex and Serenity Phuoc Hai (Ba Ria-Vung Tau), Nhu Nguyet Commercial Complex (Da Nang): Luxury second-home and mixed-use projects that meet growing demand.

These projects not only demonstrate PDR’s development capabilities but also establish our pioneering role in meeting customer and investor demands – particularly in high-potential markets like Binh Duong, Binh Dinh, Da Nang, and Ba Ria-Vung Tau.

Market Trends and PDR’s Competitive Edge

Amid Vietnam’s robust real estate recovery, fueled by government policy support in legal reforms and credit access, PDR emerges as an industry pioneer. With our strategic land bank, transparent legal standing, and sustainable development strategy, we’re not just capitalizing on selective market recovery – we’re setting new benchmarks for Vietnam’s real estate sector.

Chairman Nguyen Van Dat speaking during the livestream

Chairman Nguyen Van Dat emphasized: “PDR doesn’t merely seize opportunities – we create them for customers, investors, and shareholders. In 2025, we pledge to deliver superior, sustainable, and long-term value.”

Global Partnership Strategy

A key highlight from the livestream was PDR’s international cooperation strategy. The company is attracting foreign investment funds through transparent legal framework, sustainable growth approach, and exceptional market potential. Our expanded distribution network now includes major partners, including Big Four, Realty Holdings, G.Empire Group, and Mai Viet Land, ensuring accelerated sales and optimized cash flow.

CEO Bui Quang Anh Vu discussing partnership strategies

CEO Bui Quang Anh Vu stated: “PDR seeks more than capital – we want strategic partners to jointly build enduring value, elevate our brand, and enhance our product offerings.”

With our strong financial foundation, strategic project portfolio, and powerful international network, Phat Dat is positioned for remarkable advancement in 2025 – delivering maximum benefits to shareholders, customers, and partners alike.