PHAT DAT NEWS – Phat Dat Corporation Real estate Development (HoSE: PDR) https://phatdat.com.vn/en Great Vision - Sustainable Development Thu, 12 Feb 2026 06:27:00 +0000 ENH hourly 1 https://wordpress.org/?v=4.9.26 Phat Dat Real Estate Development Corporation commenced a partnership with Mitsubishi Corporation https://phatdat.com.vn/en/news/phat-dat-real-estate-development-corporation-commenced-a-partnership-with-mitsubishi-corporation/ Thu, 05 Feb 2026 07:27:42 +0000 https://www.phatdat.com.vn/en/?post_type=news&p=46838 On Feburary 04, 2026, Phat Dat Real Estate Development Corporation (PDR) and Mitsubishi Corporation officially commenced their partnership in relation to the Thuan An 1 Project, which represents an important milestone in the cooperation between the two corporations.     As the first concrete step of this partnership, PDR and Mitsubishi Corporation have successfully cooperated […]

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On Feburary 04, 2026, Phat Dat Real Estate Development Corporation (PDR) and Mitsubishi Corporation officially commenced their partnership in relation to the Thuan An 1 Project, which represents an important milestone in the cooperation between the two corporations.

 

 

As the first concrete step of this partnership, PDR and Mitsubishi Corporation have successfully cooperated in the development of the Thuan An 1 Project, located in Thuan Giao Ward, Ho Chi Minh City. The project is regarded as a representative example of international collaboration, contributing to the establishment of new benchmarks in urban development quality in the northeastern area of Ho Chi Minh City.

 

Under the framework of this project, the two parties are cooperating in the field of urban development, with a focus on a mixed-use development that integrates comprehensive amenity systems and a green living environment. The Thuan An 1 Project is being developed in alignment with internationally recognized standards such as LEED and Fitwel, with the aim of enhancing residents’ quality of life and contributing positively to the surrounding urban environment.

 

Through this collaboration, both parties seek to leverage their respective expertise and experience in project development and management, with the objective of delivering a high-quality and well-managed urban development that meets international expectations.

 

Commenting on the partnership, Mr. Bui Quang Anh Vu, Chief Executive Officer of PDR, stated: “We are honored to cooperate with Mitsubishi Corporation, one of the world’s leading prestigious conglomerates, in the Thuan An 1 Project. With the partner’s reputation, experience, and international standards, PDR believes that this collaboration will contribute to the creation of green and sustainable living spaces of international caliber for the Vietnamese market.”

 

CGI of Thuan An 1

 

A representative of PDR also emphasized that cooperation with a top-tier Japanese partner enhances the quality of the Thuan An 1 Project and supports PDR’s ongoing efforts to develop high-quality urban spaces. This partnership represents a meaningful step in PDR’s strategy of strengthening its development capabilities through selective international collaboration.

 

Currently, PDR focuses on developing projects in key markets such as Ho Chi Minh City (including former Binh Duong and Ba Ria – Vung Tau provinces), Dong Nai, and other strategic areas. The company continues to strengthen its market position with a solid financial foundation, a high-quality professional workforce, and extensive experience in project development. With a long-term development strategy, PDR remains committed to sustainable growth alongside the broader development of society.

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PDR Highlights – Jan 2626 Internal Newsletter: New Shape – New Year – New Era https://phatdat.com.vn/en/news/pdr-highlights-jan-2626-internal-newsletter-new-shape-new-year-new-era/ Wed, 07 Jan 2026 07:23:57 +0000 https://www.phatdat.com.vn/en/?post_type=news&p=46291 Phat Dat Real Estate Development Corporation (HOSE: PDR) has released its January 2026 internal newsletter, ushering in the new year with renewed momentum, strong focus, a clear roadmap, and a firm commitment to decisive execution.     The January 2026 edition of PDR Highlights serves as a comprehensive overview, capturing the key themes that are […]

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Phat Dat Real Estate Development Corporation (HOSE: PDR) has released its January 2026 internal newsletter, ushering in the new year with renewed momentum, strong focus, a clear roadmap, and a firm commitment to decisive execution.

 

 

The January 2026 edition of PDR Highlights serves as a comprehensive overview, capturing the key themes that are shaping – and will continue to shape – the Company’s development journey in the period ahead.

 

In this issue, PDR Highlights features:

  • The newly established organizational structure and operating principles, laying a solid foundation for the 2026–2030 development phase.
  • The 2026–2030 development strategy, including key targets and six core action priorities for 2026.
  • Notable business developments, including land bank expansion in Dong Nai, the establishment of affiliated companies, and positive progress at La Pura and Quy Nhon Iconic.
  • The ESOP 2025 story, where value lies not only in shares but also in trust, recognition, and a shared ownership mindset across the organization.
  • Activities of PD Share and PDR Charity Club, continuing to foster a spirit of sharing and social responsibility rooted in Phat Dat’s internal strengths.
  • Information on the 2025 Lunar Year-End Party, Year-End and New Year receptions, as well as contact points for Q&A and further support as the new organizational structure officially comes into operation.

 

PDR Highlights is designed to deliver concise, focused information, enabling stakeholders to gain a clearer understanding of Phat Dat’s internal capabilities, strategic direction, and the concrete steps currently being implemented.

 

Through the updates featured in PDR Highlights, Phat Dat continues to reaffirm its commitment to sustainable development, enhanced operational excellence, and readiness for growth throughout the 2026–2030 period.

 

View the full newsletter here.

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Looking Back on the 2025 Journey of La Pura “Wellness City” https://phatdat.com.vn/en/news/looking-back-on-the-2025-journey-of-la-pura-wellness-city/ Tue, 06 Jan 2026 08:20:18 +0000 https://www.phatdat.com.vn/en/?post_type=news&p=46270 Entering 2026, La Pura continues to demonstrate strong momentum, with construction progressing at a fast, well-coordinated, and systematic pace—clearly reflecting the developer’s commitment to quality and timely delivery.     Each day, more than 700 engineers, workers, and technical staff are active on the La Pura construction site. Modern machinery and equipment are fully deployed, […]

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Entering 2026, La Pura continues to demonstrate strong momentum, with construction progressing at a fast, well-coordinated, and systematic pace—clearly reflecting the developer’s commitment to quality and timely delivery.

 

 

Each day, more than 700 engineers, workers, and technical staff are active on the La Pura construction site. Modern machinery and equipment are fully deployed, enabling structural works, MEP installation, and interior finishing of the towers to be carried out in parallel and in strict alignment with the approved master schedule.

 

As of December 2025, key construction milestones have been achieved as planned:

  • Zenia Tower: completed up to the 23rd floor
  • Risa Tower: completed up to the 17th floor

 

In parallel with on-site construction, surrounding infrastructure development is being accelerated, most notably the expansion of National Highway 13 to eight lanes. This upgrade enhances connectivity between Binh Duong and Ho Chi Minh City while further strengthening the project’s long-term growth potential.

 

Positioned as a “Wellness City” in the Northeast of HCMC, La Pura is gradually taking shape as a balanced and sustainable living environment within the expanded Ho Chi Minh City megacity.

La Pura construction progress update video – December 2025:

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Phat Dat Wins Auctions for Two High-Rise Residential Land Plots in Dong Nai https://phatdat.com.vn/en/news/phat-dat-wins-auctions-for-two-high-rise-residential-land-plots-in-dong-nai/ Fri, 26 Dec 2025 04:30:01 +0000 https://www.phatdat.com.vn/en/?post_type=news&p=46225 On December 26, 2025, Phat Dat Real Estate Development Corporation (PDR: HOSE) received two decisions from the People’s Committee of Dong Nai Province recognizing the Company as the successful bidder for the land use rights of two high-rise mixed-use residential projects. Specifically:     1. Pursuant to Decision No. 3312/QD-UBND dated December 25, 2025, Phat […]

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On December 26, 2025, Phat Dat Real Estate Development Corporation (PDR: HOSE) received two decisions from the People’s Committee of Dong Nai Province recognizing the Company as the successful bidder for the land use rights of two high-rise mixed-use residential projects. Specifically:

 

 

1. Pursuant to Decision No. 3312/QD-UBND dated December 25, 2025, Phat Dat was recognized as the successful bidder for the land use rights of the Riverside High-Rise Mixed-Use Residential Project in Tran Bien Ward, Dong Nai Province. Details are as follows:

Land area: 19,204.13 m²

Gross floor area: 146,072.02 m²

 

2. Pursuant to Decision No. 3314/QD-UBND dated December 26, 2025, Phat Dat continued to be recognized as the successful bidder for the land use rights of the High-Rise Mixed-Use Residential Project in Tam Hiep Ward, Dong Nai Province (Land Lot No. 71, cadastral map sheet No. 86, Tam Hiep Ward, Dong Nai Province). Details are as follows:

Land area: 27,455.00 m²

Gross floor area: 212,029.65 m²

Accordingly, the two land plots successfully auctioned in Dong Nai have a combined area of nearly 46,660 m², with a total gross floor area exceeding 358,000 m². This achievement strengthens Phat Dat’s land bank for future high-rise residential developments and underscores the Company’s continued adherence to its strategic focus on HCMC and Dong Nai Province, as previously announced by the Board of Directors.

See detailed Information Disclosure.

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December 2025 Investor Newsletter: Highlights of Major Investment Activities https://phatdat.com.vn/en/news/december-2025-investor-newsletter-highlights-of-major-investment-activities/ Fri, 12 Dec 2025 09:48:31 +0000 https://www.phatdat.com.vn/en/?post_type=news&p=46234 Phat Dat Real Estate Development Corporation (PDR: HOSE) has released its December 2025 IR Newsletter, recording a number of significant milestones in investment activities, land bank expansion, project implementation, and corporate social responsibility. Key highlights are as follows:     Phat Dat completes a VND 1.1 trillion transaction for a prime project in Da Nang […]

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Phat Dat Real Estate Development Corporation (PDR: HOSE) has released its December 2025 IR Newsletter, recording a number of significant milestones in investment activities, land bank expansion, project implementation, and corporate social responsibility. Key highlights are as follows:

 

 

Phat Dat completes a VND 1.1 trillion transaction for a prime project in Da Nang

Phat Dat approved the divestment of its entire 99% equity stake in Bac Cuong Investment Joint Stock Company—the owner of a prime land plot of more than 2,700 m² at 223–225 Tran Phu Street, Hai Chau District, Da Nang. The transfer value is stipulated at no less than VND 1.1 trillion.

Upon completion of the transaction, Bac Cuong will no longer be a subsidiary of PDR, meaning the project will no longer be part of the PDR ecosystem. This divestment aligns with the Company’s portfolio restructuring strategy, enhancing financial resources and cash flow to focus on key projects.

 

Expanding land bank in CBDs with a VND 5.5 trillion transaction on CMT8 Street, HCMC

Phat Dat approved the acquisition of the entire equity interest held by Dai Quang Minh Real Estate Investment Corporation in AKYN Service Trading Investment JSC – the current developer of a commercial residential project at 239 Cach Mang Thang 8 Street, Ban Co Ward, HCMC.

Following the transaction, PDR will own 50% of the total shares of AKYN Service Trading Investment JSC. The project is located on a land of approx. 3,500 m² and is oriented toward a mixed-use complex comprising residential apartments, commercial, service, and office spaces. The total estimated investment is about VND 5.5 trillion, with implementation scheduled for the 2026–2030 period.

 

La Pura honored at the VNREA’s 2025 Real Estate Awards

La Pura was honored in the category of “Top 5 Most Promising TOD Urban Projects in the Southern Key Economic Region” at the awards program organized by the Vietnam Real Estate Association (VNREA). The award recognizes the project’s development quality, from design and amenities to its sustainable orientation, while also reinforcing market confidence in the La Pura product line as the Company expands its portfolio and strengthens its presence in the northeastern HCMC.

 

La Pura was honored in the category of “Top 5 Most Promising TOD-Oriented Urban Development Projects in the Southern Key Economic Region”

 

Supporting Central Vietnam after floods

Phat Dat donated VND 1 billion to support residents in Central Vietnam in overcoming the aftermath of floods and stabilizing their livelihoods.

 

Representatives of PDR, in coordination with Thanh Nien Newspaper, visited severely affected localities to directly extend support and present relief assistance to local communities.

 

This initiative reaffirms Phat Dat’s long-standing commitment to corporate social responsibility: being present in a timely manner in disaster-hit areas, supporting communities, and contributing to efforts to help Central Vietnam recover from hardship.

 

Further completion of conditions for the Thuan An transaction

The Board of Directors approved an additional capital contribution of VND 42,905,035,128 to Thuan An 1 High-Rise Real Estate Investment Company Limited – the developer of Thuan An 1 Project. Upon completion of the capital increase procedures, PDR will raise its ownership stake to 20%, corresponding to a total capital contribution of VND 42,955,035,128 in this entity.

  • Optimizing a land bank of more than 6,200ha, including approx. 500ha located within the triangle of HCMC, Binh Duong, & BR-VT.
  • Focusing resources on the expanded HCMC and Dong Nai; accelerating projects in the former Binh Duong; and continuing to pursue BT projects to further diversify the portfolio.
  • Enhancing governance standards, ESG principles, human-centric design, and digitalization to meet capital requirements and strengthen sustainable development capabilities.
  • Prioritizing developments for real housing demand, industrial and logistics real estate, and ESG-compliant green urban projects.

 

La Pura Progress Update – November 2025

In November 2025, Phat Dat continued to accelerate construction of La Pura with high intensity while maintaining international quality standards. At the site, more than 400 workers, engineers, and supervisory staff operate daily to ensure progress. The two current key zones are Zenia, which has reached the 20th floor, and Risa, which has reached the 17th floor.

Phat Dat affirms that completing projects on schedule and to high quality standards is not only a commercial objective but also a matter of corporate  integrity toward customers. This reflects the development philosophy that Phat Dat consistently upholds: sustainable development, a customer-centric approach, and measuring success through market trust.

 

See the full IR Newsletter here.

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