NovaGroup named winner at Asia-Pacific Enterprise Awards 2021 – Vietnam Chapter
NovaGroup named winner at Asia-Pacific Enterprise Awards 2021 – Vietnam Chapter
Enterprise Asia, the organiser of the prestigious Asia Pacific Enterprise Awards 2021 has recognised companies who have excelled and achieved great heights in their respective industries amidst the ongoing pandemic.
Among the winners of the Corporate Excellence Category is NovaGroup, an investment and development group including eight members: Novaland, Nova Service, Nova Consumer, Nova Tech, Nova Capital Partners, Nova Logistic, Nova Industry, and Nova Finance.
An initiative by the region’s leading non-governmental organisation (NGO), Enterprise Asia, the Asia-Pacific Enterprise Awards (APEA) is the region’s largest recognition programme recognising entrepreneurial and business excellence. Themed “Build Back Better”, this year marks its 15th year and the 5th edition in Vietnam.
Enterprise Asia chairman Tan Sri Dr. Fong Chan Onn, stated, “The COVID-19 pandemic is a wake-up call to the world that placed businesses to the test with a plethora of challenges. It was also the year that Vietnam unleashed its true potential and demonstrated its resilience by becoming one of the top-performing economies in the world. Vietnam’s vibrant entrepreneurial landscape has shown the world its readiness to adopt technology and to constantly innovate.”
Dr. Fong added that, “In 2020, Vietnam’s General Statistics Office recorded a 2.9 per cent GDP growth in the country amid the pandemic. This grand feat is a result of the efforts, determination, and dedication of the business leaders and enterprises honoured at this year’s APEA.”
The APEA has recognised entrepreneurial trailblazers within various business industries since 2007 while honouring remarkable achievements in four categories – Master Entrepreneur, Fast Enterprise, Inspirational Brand, and Corporate Excellence categories.
NovaGroup’s journey to success
Over the recent past, NovaGroup has marked a turnaround by restructuring to become Vietnam's leading economic investment and development group, connecting the Vietnamese business community to the world; associating and supporting the business community through all resources of its ecosystem, creating outstanding value-added through providing high-class products and services, and bringing great experiences to customers.
Among eight members, Novaland is a leading brand in the field of real estate investment and development in Vietnam. It currently owns a portfolio of nearly 50 residential real estate projects and hospitality-residential real estate projects. The total landbank accumulated and being researched and developed by Novaland is currently about 5,400 hectares.
Novaland is one of the 30 largest listed companies by market cap on the Ho Chi Minh City Stock Exchange (VN30 Index), and also has international convertible bonds listed on the Singapore Stock Exchange. The total valuable assets of Novaland reached $8.05 billion as of September 30, 2021.
Nova Service creates added values to Novaland's projects, focusing on key areas of health, education, tourism, entertainment, and retail.
Nova Consumer was renamed from Anova Group operating in the production of agricultural products. Nova Consumer has expanded to the field of consumer goods and gradually completed the food supply chains with the concept of “farm to fork”.
Together with the five remaining members, the joint effort has promoted NovaGroup's sustainable development and completed the ecosystem, focusing on customers and partners.
NovaGroup generates employment and income to hundreds of thousands of employees in the provinces and cities where it invests and develops projects.
NovaGroup generates employment and income to hundreds of thousands of employees in the provinces and cities where it invests and develops projects. It will bring more than a million homes to people; create many of the world’s leading tourism destinations, contribute to activating the local economy, and accompany the government in the fight against COVID-19.
Enterprise Asia is a non-governmental organisation with the ambition of creating an Asia that is rich in entrepreneurship as an engine towards sustainable and progressive economic and social development within a world of economic equality.
Its two pillars of existence are investment in people and responsible entrepreneurship. Enterprise Asia works with governments, NGOs, and other organisations to promote competitiveness and entrepreneurial development, in uplifting the economic status of people across Asia, and in ensuring a legacy of hope, innovation, and courage for future generations.
