- CEO
- Thuan Minh Truong
- Full Time Employees
- 643
- Sector
- Finance
- Industry
- Real estate development
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Oct 19, 2009
- Business
- Investment and Trading of Real Estate Joint Stock Company (Intresco) is a Vietnam-based real estate development, construction, and property services enterprise. Established in 1993 and headquartered in Ho Chi Minh City, Vietnam, the company operates across real estate investment, civil and industrial construction, design consulting, and hospitality management. The company structures its operations into five core business segments: Real Estate Development, Construction and Engineering, Property Management and Leasing, Architectural Design and Project Management Consulting, and Hospitality Services. Intresco provides a comprehensive suite of products and services, including: residential property development, comprising master-planned urban areas, multi-family high-rise condominiums, landed townhouses, detached villas, and resettlement housing; commercial real estate development, comprising mixed-use commercial centers, office buildings, and retail complexes; general construction and civil engineering services, including structural construction, transport infrastructure development, industrial facility erection, foundation engineering, and mechanical, electrical, and plumbing (MEP) installation; property management and leasing operations, including commercial office leasing, retail space management, building maintenance, and residential facility operations; architectural and engineering consultancy, consisting of master planning, architectural design, construction supervision, and project appraisal; hospitality operations, comprising hotel management and tourism services; and the manufacturing and trading of construction materials, including ready-mix concrete and precast concrete structural elements. The company primarily serves retail homebuyers, institutional real estate investors, corporate tenants, and public sector entities across southern Vietnam, with primary geographic concentration in Ho Chi Minh City, Binh Duong Province, Dong Nai Province, and Ba Ria-Vung Tau Province. In recent developments, Intresco has strategically restructured its development portfolio to prioritize key master-planned projects with strong legal readiness, focusing capital deployment on advancing the Sabinco Tuong Binh Hiep urban residential project in Binh Duong and expanding development stages at the Terra Flora residential and commercial complex in Nhon Trach, Dong Nai. To strengthen its balance sheet and navigate domestic real estate market conditions, the company has executed disciplined financial restructuring programs, actively reducing leverage through debt and bond settlements, divesting non-core equity holdings in underperforming affiliates, and scaling its recurring rental income portfolio through enhanced commercial leasing and property management partnerships.