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On January 9, 2026, NRC Corp., through the implementation of a strategic cooperation agreement between Netland Real Estate Joint Stock Company (Netland – a member company) and Hung Thinh Phat General Development Joint Stock Company (Hung Thinh Phat), advanced the business development of the Dai Nam Residential Area project – Subdivision D, one of the key projects in the Binh Duong market.
The implementation of this cooperation marks an important step in NRC Corp.’s strategy to expand its investment and project development activities, while demonstrating the Group’s proactive approach in capturing opportunities as the real estate market shows positive signs of transformation during its restructuring phase, with an improving legal framework and enhanced development quality.
In NRC’s development orientation, real estate serves as a core pillar within its multi-industry ecosystem; in which Netland is identified as the key entity directly responsible for implementing partnerships, driving business development, and distributing projects with clear legal status and strong long-term growth potential in key markets.
Strategic Cooperation Content and Project Development Potential
According to the agreed cooperation framework, Netland and Hung Thinh Phat will collaborate comprehensively in the business development of the project, including developing overall plans, researching and proposing product strategies, advising on communication and marketing strategies, and implementing product distribution in line with the developer’s roadmap. During the implementation process, based on project progress and market conditions, Netland will consider participating in the investment and trading of project products in alignment with its capabilities, objectives, and development strategy in each phase. This approach aims to effectively unlock the project’s potential, generate stable revenue streams, and enhance sustainable value for NRC Corp.’s real estate ecosystem.
The strategy of diversifying the project portfolio is being implemented across dynamic economic regions, in which Binh Duong is identified as a key market. Here, Netland is strategically partnering with Hung Thinh Phat to develop the business of the Dai Nam Residential Area Project – Subdivision D. The project is assessed to have strong development potential as Binh Duong continues to expand its urban space, improve its transport infrastructure system, and develop along key growth corridors, thereby creating room for value appreciation in the medium and long term.
At the same time, the project optimizes connectivity and residential amenities, enhancing quality of living. It not only meets the demand for high-quality housing but also offers attractive investment opportunities with sustainable growth prospects, providing a solid foundation for the strategic cooperation between Netland and Hung Thinh Phat.
Dai Nam Residential Area Project – Subdivision D
Affirming NRC Corp.’s Sustainable Development Strategy
With a long-term vision, NRC aims to build a synchronized investment and development ecosystem that is flexible and highly adaptable to market cycles. In this strategy, NRC Corp. affirms its role as a core connector of resources, selecting reputable partners and leading the development of selectively chosen real estate projects, with a focus on those that have transparent legal status, strong practical potential, and the ability to generate stable cash flows.
This is not only a business strategy but also a commitment by NRC Corp. to accompany its partners in creating sustainable value for businesses, customers, and the community.
DAI NAM RESIDENTIAL AREA PROJECT INFORMATION – SUBDIVISION D
The Dai Nam Residential Area Project – Subdivision D is planned on a total area of over 266,405 m², with nearly 1,000 units including townhouses and villas, and a total investment of over VND 7,000 billion. The project is oriented to be developed as a modern green urban area, placing people at the center, aiming to create a harmonious living environment that integrates nature, amenities, and urban lifestyle, while laying the foundation for long-term sustainable development.
The project also focuses on optimizing connectivity, minimizing environmental impact, and enhancing the quality of life for residents. In addition, with its advantageous location featuring four frontages on Dien Bien Phu – Ly Thai To – Le Loi – D2 streets, the project offers convenient access to administrative centers, commercial hubs, educational and healthcare facilities, as well as key inter-regional transport routes such as National Highway 13 and My Phuoc – Tan Van Expressway. This not only meets the demand for modern living but also unlocks strong potential for value appreciation in line with the dynamic urban development of Binh Duong.
