Long Giang Investment and Urban Development Joint Stock Company
HHOSE:LGL3,920.00
VND
-120.00
(-2.97%)
Long Giang Investment and Urban Development Joint Stock Company
HOSE:LGL
(Ho Chi Minh Stock Exchange)
Recent
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3,920.00
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div
yld
- -
ROIC.AI
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- Business
- Long Giang Investment and Urban Development Joint Stock Company (Long Giang Land) is a Vietnam-based company engaged in real estate investment, urban development, civil engineering, and construction contracting. Founded in 2001 and headquartered in Hanoi, Vietnam, the company operates primarily across two core segments: Real Estate Development and Construction Services. The company provides a wide range of products and services organized into key operational areas: Real Estate Development, comprising the investment, development, and sale of mid-to-high-end residential apartment complexes, mixed-use commercial centers, urban townships, and serviced residences, primarily marketed under its signature Rivera Park brand, including flagship developments such as Rivera Park Hanoi and Rivera Park Saigon; Construction and Civil Engineering, delivering general contracting, high-rise structural construction, foundation engineering, bored piling, diaphragm wall construction, top-down basement execution, and industrial and civil infrastructure contracting; Property Management and Commercial Leasing, offering building administration, commercial retail space leasing, office leasing, and facility operations and maintenance services for completed urban projects; and Construction Support and Material Distribution, including the trading of building materials, leasing of specialized construction machinery and heavy equipment, and technical consulting. Long Giang Land targets individual residential buyers, commercial tenants, institutional investors, and municipal development partners across Vietnam, with major business footprints in key economic centers including Hanoi, Ho Chi Minh City, Can Tho, and Binh Thuan province. The company conducts its operations independently as well as through specialized subsidiaries and project-level joint ventures. In recent developments, Long Giang Land has implemented comprehensive strategic restructuring initiatives to optimize capital efficiency and adapt to changing conditions in the Vietnamese property sector. The company has concentrated resources on accelerating approvals and development milestones for its core pipeline projects under the Rivera Park ecosystem, including planned residential and tourism-hospitality developments in Can Tho and Mui Ne. Concurrently, Long Giang Land has pursued balance sheet restructuring, divesting select non-core financial investments and rationalizing project holdings to strengthen liquidity. Operationally, the company has upgraded its post-handover property management capabilities, integrating modernized facility maintenance protocols and smart building operations across its existing residential communities.