Korean “Foreign Soldier” And The Journey To Conquer The Vietnamese Market

According to data from the Foreign Investment Department (Ministry of Planning and Investment), in the first 4 months of 2019, foreign investment has reached an impressive milestone of 14.59 billion USD, up 81% compared to the previous same period in 2018.
With this positive growth, investors continue to reinforce their belief that Vietnam is an attractive market for long-term development. Among foreign investors, Hong Kong ranked first with total investment capital of 4.7 billion USD and South Korea ranked second with 1.98 billion USD, accounting for 13.6% of total investment in Vietnam.

GS E&C – “Foreign soldier” stands out in the investment field among foreign investors, GS E&C is one of the largest multidisciplinary investors in Korea. Founded in 1969, GS E&C has marked a presence in 20 countries with 207 projects, 24 branches, and subsidiaries around the world. With a strategic vision and a solid reputation, “the big man” from Korea is always one of the prominent names, receiving a lot of attention and trust from partners and customers.
From a professional perspective, GS E&C has always maintained its position with 9 consecutive years of being in the top companies with the highest sustainability index in the Asia Pacific according to DJSI (Dow Jones Sustainability Index). ) – currently the most independent and reputable organization in the ranking of the sustainable development index of the enterprise. In addition, GS E&C is also ranked 36th out of 250 leading construction companies in the world by ENR – Engineering Magazine from the US.

GS E&C headquarters in Seoul, Korea

In July 2018, as announced by the Korean Ministry of Land, Infrastructure, and Transport (MOLIT), GS E&C ranked 5th among construction and architecture companies and ranked first in the field. apartment supply area.

Improving the quality of life in Vietnamese cities

Choosing the largest socio-economic centers in Vietnam as an investment destination, GS E&C not only brings classy works but also sends a desire to create values ​​and improve the quality of life for people around here.

In Hanoi, GS E&C has built a number of projects such as Hanoi – Hai Phong Expressway No. 6, 7, Vinh Thinh Bridge, and Nghi Son Oil Refinery.

In Ho Chi Minh City, GS E&C is currently participating in the construction of some projects that have been receiving the most attention today such as Metro Line 1 Ben Thanh – Suoi Tien and Vam Cong bridge. In addition, GS E&C is also implementing a number of large-scale projects in Thu Thiem, District 9, and Nha Be. With projects in many key areas, GS E&C is expected to bring a new highlight in the general picture of urban infrastructure and landscape in the coming time.

ZEITGEIST – “new appearance” of Nha Be

After a period of researching and realizing the potentials of the Vietnamese market, GS E&C established VGSI (Vietnam GS Industry) – the investor of the ZEITGEIST project in Nha Be, a subsidiary brand with 100% investment capital. from the Korean “giant”.

ZEITGEIST – Bring new vitality to the South Saigon area

Right from the name ZEITGEIST, VGSI has sent an interesting message about bringing new colors to the city, setting new standards for quality, and creating lasting values over time.

With a total area of 349 hectares, divided into five development phases with a total estimated population of 68,000 people, ZEITGEIST is proud to be the largest project in Saigon South. Subdivision 1.1 of the project called Zeit RIVER COUNTY 1 with a total area of ​​17.9 ha, including 359 villas, townhouses, and shophouses, is expected to be handed over in the third quarter of 2021.

Zeit RIVER COUNTY 1 belongs to the new class city ZEITGEIST, which marks the transformation of the history of urban development, sending joy and full life to the family, ensuring the balance between technology and nature, between a busy life and spiritual values.

zeit RIVER COUNTY 1 “smart urban area” with full facilities

In the midst of a narrow space and a lot of dust and dust in a modern city, zeit RIVER COUNTY 1 is a harmonious combination between modern technology, the most intelligent and natural elements, and green areas. Garden design is diversified with many unique and classy ideas, filled with light, wind, and inspiration from the beautiful nature of the four seasons of the year.

With the first phase of the project, VGSI has conveyed the “spirit of the times”, creating a civilized and prosperous community, a symbol of a generation that is both talented, elite, and proud of its own “home”.

Sources:

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