VinaProjects - a joint venture between the VinaCapital Group and the inProjects Group - made its debut in Ho Chi Minh City yesterday, providing real estate services.

The company’s real estate services include project management, construction management, urban planning and facilities management in the Vietnamese market.

The VinaProjects is currently carrying out key urban development projects worth more than US$500 million in Ho Chi Minh City, Hanoi and Da Nang.

Matt Fletcher, Managing Director of inProjects - the leading independent project management group in Asia - lauded the Vietnamese market’s huge potential. The group’s target is to make the VinaProjects, and more importantly Vietnam, well known for the development of large-scale, high-quality projects.

This view was shared by the VinaCapital General Director, Don Lam, who said that his group was developing a number of major property projects in the country and wanted to apply international standards to their implementation.

As a leading asset management and property development firm in Vietnam, the VinaCapital is managing assets worth a total of US$1.6 billion. (VNA)