VICTORY GROUP AND ITS NEARLY 20-YEAR JOURNEY IN THE REAL ESTATE MARKET

Over nearly two decades of establishment and growth, Victory Group has continuously strengthened its position as one of Vietnam’s pioneering real estate project developers. With a vision to become Vietnam’s leading professional real estate developer, the company remains committed to a sustainable development strategy, placing project performance and customer value at the heart of every decision.

Guided by its philosophy:

“The success of each project is the driving force behind our growth. Delivering comprehensive benefits and breakthrough added value to our clients is the goal we strive for.”

Victory Group has gradually built a comprehensive ecosystem, creating a distinctive competitive advantage in the market.

The Victory Group Ecosystem – A Foundation for Sustainable Value Creation

To meet the increasingly sophisticated demands of the market, Victory Group has developed a comprehensive real estate project development ecosystem supported by specialized member companies across every stage of the value chain.

Victory Homes – The Core of Project Development

As the key project development unit, Victory Homes works closely with its member company, DBFS Joint Stock Company, which directly oversees the project preparation phase, including market research, legal consultancy, investment feasibility analysis, and product planning throughout the project lifecycle.

Every decision is built upon years of accumulated industry knowledge and a long-term development mindset, helping optimize investment efficiency while enhancing project feasibility.

VictoryCons – One of Vietnam’s Leading Construction Contractors

With more than 15 years of experience in the construction industry, VictoryCons is currently ranked among the Top 10 construction contractors in Vietnam. The company plays a crucial role in transforming development concepts into high-quality built environments.

From design to project completion, Victory Cons delivers comprehensive design-and-build solutions for residential, commercial, industrial, and large-scale infrastructure developments.

Victory Asset – Real Estate Investment and Property Management

Victory Asset focuses on real estate investment, leasing operations, and property management services. As a critical component of the ecosystem, it helps maximize asset value, improve operational efficiency, and ensure high-quality building management after project completion.

Victory Consulting and C-TEC – Elevating Construction Consulting Capabilities

As part of its restructuring strategy initiated in 2024, Victory Group further strengthened its ecosystem by integrating C-TEC into Victory Consulting.

Leveraging advanced technology applications, C-TEC provides comprehensive consulting services ranging from design, verification, supervision, and project management. Through rigorous process control and transparent data management, the company helps optimize costs, enhance construction quality, and improve investment returns for partners.

The DBFS Model – Victory Group’s Comprehensive Development Solution

One of Victory Group’s key competitive advantages is its pioneering implementation of the DBFS solutions, a fully integrated and comprehensive project development framework.

DBFS is built upon four strategic pillars:

• Develop – Project Development
• Build – Construction Contracting
• Finance – Financial Investment
• Sale & Marketing – Marketing and Sales

The DBFS model enables Victory Group to participate throughout the entire project lifecycle, from market research, product positioning, legal completion, design, and construction to capital mobilization, marketing strategy development, and sales execution.

This integrated approach allows investors to optimize resources, maintain tighter control over project timelines, reduce risks, and maximize investment efficiency. At the same time, projects can be implemented more quickly and cohesively while building long-term brand value in the marketplace.

Accelerating Technology Adoption in Project Development and Management

Digital transformation remains one of Victory Group’s strategic priorities in enhancing operational efficiency and project delivery quality.

The Group currently utilizes a range of advanced technologies, including:

• Autodesk Construction Cloud, enabling end-to-end project management and seamless data integration across design, construction, and operations
• Building Information Modeling (BIM) combined with Autodesk Revit, providing 4D project visualization, design optimization, clash detection, and improved execution efficiency
• Base.vn, supporting human resource management, business operations, and internal workflow coordination

Technology adoption not only improves productivity but also lays the groundwork for long-term sustainable growth.

Strong Growth Reflected Through Landmark Projects

Victory Group’s rapid growth is demonstrated through a portfolio of notable projects developed across multiple provinces and cities nationwide.

Key projects include:

• The Palace (Da Nang)
• Regal Complex (Da Nang)
• Regal Legend (Quang Tri)
• Cara River Park (Can Tho)
• Cara Legend (Can Tho)
• R Hotel (Ho Chi Minh City)
• My Phu Apartment (Ho Chi Minh City)
• ST. Moritz (Ho Chi Minh City)
• Opal Boulevard (Ho Chi Minh City)
• Opal Skyline (Ho Chi Minh City)
• And many others

These developments further showcase Victory Group’s project execution capabilities, ecosystem synergy, and growing position within Vietnam’s real estate industry.

Building Credibility Through Prestigious Awards

Throughout its journey of growth and innovation, Victory Group has received numerous prestigious awards recognizing its contributions to the real estate and construction sectors.

Notable achievements include:

• Top 500 Fastest Growing Enterprises in Vietnam 2022
• Victory Cons – Top 10 Outstanding Brands in Vietnam 2024
• Top 10 Best Brands in Vietnam 2025
• Vietnam’s No.1 Project Developer 2025
• Victory Cons – Top 10 Design & Build Contractors in Vietnam 2025
• Chairman Le Hao recognized as Outstanding Leader of the Year 2025

These honors reflect the Group’s management excellence, project delivery capabilities, and strong reputation among business communities and customers nationwide.

Four Core Values Defining the Victory Identity

Throughout its development journey, Victory Group has remained committed to four fundamental values:

Aspiration

Continuously striving for greater achievements and pursuing ambitious goals.

Integrity

Building trust through transparency, accountability, and ethical conduct.

Professionalism

Delivering excellence through meticulous attention to detail in every aspect of operations.

Effectiveness

Creating tangible value through measurable results and sustainable outcomes.

These values serve as guiding principles for the Group’s sustainable growth while strengthening trust among partners, customers, and communities.

Victory Group’s Vision for the Future

Looking ahead, Victory Group will continue expanding and refining its ecosystem, strengthening its comprehensive project development model to international standards, and accelerating technology adoption across all business operations.

Backed by an integrated ecosystem, the pioneering DBFS model, and a team of experienced professionals, Victory Group remains committed to supporting investors throughout every stage of project development, creating high-quality projects and enduring value for Vietnam’s real estate market.

Because Victory Group firmly believes:

“A successful project is not built solely on resources, but on the right strategy and a strong system capable of executing it.”

Victory Group – Real Estate Project Developer.