- CEO
- Minh Khoa Quang Nguyen
- Full Time Employees
- 23
- Sector
- Finance
- Industry
- Real estate development
- Address
- Da Nang Vietnam
- IPO Date
- Apr 21, 2011
- Business
- Da Nang Housing Investment Development Joint Stock Company is a Vietnam-based real estate development and construction enterprise engaged in the investment, construction, operation, and commercialization of residential, commercial, and infrastructure properties. The company operates across multiple core business segments, offering a comprehensive suite of products and services that includes the development, marketing, and sales of high-rise condominium developments, residential urban zones, and mixed-use commercial centers, most notably flagship residential complexes such as The Monarchy; property leasing, facility management, and tenancy administration for residential apartments and corporate office spaces; general contractor construction for civil engineering, industrial facilities, and municipal transportation infrastructure; architectural design, project engineering, and technical supervisory consulting; real estate brokerage, property valuation, auction facilitation, and land-use entitlement consulting; and the manufacturing and distribution of specialized construction materials. Founded in 1992 and headquartered in Da Nang, Vietnam, the company primarily serves individual homebuyers, corporate commercial tenants, and expatriate renters across Da Nang and the broader Central Vietnam region, with its shares publicly traded on the Hanoi Stock Exchange under the ticker symbol NDN. In recent operational and strategic developments, the company has focused on concluding the handover procedures and issuing certificates of ownership for residents of the Monarchy Block B development, while converting remaining residential inventory into fully furnished rental units to bolster recurring leasing cash flows. Furthermore, the company has advanced regulatory permitting processes to reactivate its stalled N Tower commercial and residential project at 13 Nguyen Chi Thanh in Da Nang, while actively executing a strategic capital allocation shift that deploys liquid assets into proprietary securities investments and financial market holdings to supplement property revenues and maintain regular shareholder cash dividend distributions.