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1989
1997
2000
2010
2023
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BUILDING

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BUILDING

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open letter

Dear valued partners,

Over more than 35 years of building and growing, HUD has held fast to one mission: creating good places to live, and helping to realise the aspiration for civilised, modern cities and lasting homes for the people of Viet Nam.

As a wholly state-owned enterprise under the Ministry of Construction, HUD is deeply aware of its responsibility, not only for the effectiveness of its investments, but also towards the community and the development of the country. We believe that the value of an urban area is measured not only by the buildings that rise there, but also by the quality of life, the bonds within the community and the good values nurtured over time.

On the journey ahead, HUD looks forward to continuing to work alongside our partners in a spirit of openness, transparency, professionalism and sharing: building on our strengths together, deepening the value of our cooperation and creating works of lasting meaning.

Guided by our motto, “Serving the happiness of every family”, we believe that sincere cooperation today will create sustainable value for the community, for the country and for generations to come.

Sincerely.

BUILDING

Vietnamese homes

1989

WHEN A HOMEwas still a dream

"A home of one's own" was a luxury.
and HUD was born in exactly those circumstances.

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THE FIRST PEOPLE

who dared to think differently

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Mr. NGUYEN VAN

Director (10/1989 - 6/1992)

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Mr. NGUYEN HIEP

Director (7/1992 - 5/2000)

DEVELOPMENT JOURNEY

BUILDING

Vietnamese homes

1989

DEVELOPMENT JOURNEY

over 35 years of building

  • 10/10/1989

    Establishment of Housing and Urban Development Company, the predecessor of HUD. October 10 every year is designated as the Traditional Day.

  • 1998

    Pioneered the construction of high-rise apartment buildings with a professional operation and management unit, initiating the period of strong high-rise housing development in Hanoi.

  • 2/6/2000

    Establishment of the Housing and Urban Development Investment Corporation (Decision No. 08/2000/QD-BXD of the Ministry of Construction).

  • 30/3/2006

    Transformed into a Parent - Subsidiary Company model, creating a step forward in corporate governance.

  • 14/10/2009

    Awarded the title of Labor Hero Unit, recognizing 20 years of construction and development.

  • 2018

    Implemented the social housing program, completing about 250,000 m² of floor area for more than 3,000 households. The plan for 2020-2025 is about 500,000 m² of floor area (nearly 5,000 billion VND) for approximately 6,500 households.

  • 05/01/2023

    Received the First-Class Labor Order. In 2022, revenue increased by 131%, profit increased by 150%, and state budget contribution increased by over 500% compared to 2021.

  • 2024

    Celebrating the 35th anniversary of Traditional Day. HUD completed numerous urban areas and commenced construction as well as inaugurated many large-scale social housing projects nationwide.

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BOARD OF MEMBERS

Mr. DAU MINH THANH

Mr. DAU MINH THANH

Chairman of the Board of Members

Mr. DO HOAI DONG

Mr. DO HOAI DONG

Member of the Board of Members

Mr. PHAN TRUONG SON

Mr. PHAN TRUONG SON

Member of the Board of Members

Mr. NGUYEN NGOC CUONG

Mr. NGUYEN NGOC CUONG

Member of the Board of Members

Mrs. TRAN THI QUYNH HOA

Mrs. TRAN THI QUYNH HOA

Member of the Board of Members

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BOARD OF
GENERAL DIRECTORS

Mr. DO HOAI DONG

Mr. DO HOAI DONG

General Director

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Mr. DOAN VAN THANH

Mr. DOAN VAN THANH

Deputy General Director

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Mr. TA DUNG

Mr. TA DUNG

Deputy General Director

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Mr. PHAM VAN AN

Mr. PHAM VAN AN

Deputy General Director

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Mr. NGUYEN TUAN ANH

Mr. NGUYEN TUAN ANH

Deputy General Director

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Mr. LE TUAN DUNG

Mr. LE TUAN DUNG

Deputy General Director

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HUD Logo

ORGANIZATIONAL STRUCTURE

PARTY COMMITTEE OF THE CORPORATION
BOARD OF MEMBERS
SUPERVISORY BOARD
BOARD OF GENERAL DIRECTORS
ADVISORY AND ASSISTING DEPARTMENTS
SPECIALIZED DEPARTMENTS
PROJECT MANAGEMENT UNITS
WHOLLY-OWNED SUBSIDIARIES
(ONE MEMBER LIMITED LIABILITY COMPANIES)
MEMBER COMPANIES
SUBSIDIARIES

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MORE THAN BUILDING HOMES CHANGING THE WAY VIETNAMESE PEOPLE LIVE

Hanoi residents once had little interest in apartment living because of the shortcomings of the old collective housing blocks at Nguyen Cong Tru and Truong Dinh: basic finishes, small and poorly laid-out flats with many shared functional spaces, and no unified management and operation model. Many households extended their homes and encroached on public space, spoiling the streetscape and putting the buildings' safety at risk, while water supply, sanitation and parking were common problems. HUD pioneered the change.

While the market gave a lukewarm welcome to the first tentative projects of 1993-1997, in August 1998 HUD broke ground on CT4B, a 9-storey apartment building in North Linh Dam, part of the Linh Dam Lake Mixed Services and Housing project. What was new: it was the first apartment building in Hanoi with lifts, and its ground floor held no flats but parking and kiosks for rent to fund its future operation. At the same time, HUD set up a company specialising in urban-area services and high-rise apartment management. This new direction was HUD's initiative, and today it has all become routine: the standard for urban housing development.

BUILDING

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BUSINESS FIELDS

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URBAN AREA DEVELOPMENT

HUD has developed dozens of synchronous new urban areas and hundreds of high-rise apartment blocks, contributing nearly 9 million m² of housing floor area to the national housing fund.

nearly 9 million m²

of housing floor area for the national housing fund

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SOCIAL HOUSING DEVELOPMENT

In the 2021–2030 period, HUD targets about 17,500 social housing apartments, equivalent to 1,730,000 m² of floor area, contributing to the National Housing Development Strategy.

about 17,500 social housing apartments

equivalent to 1,730,000 m² of floor area

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OTHER PROJECTS

HUD also invests in office, commercial and high-rise residential complexes in central locations of major cities. The projects follow a multi-functional model that combines modern workspaces, retail and service areas and high-quality apartments to meet increasingly diverse market demand.

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HUD PROJECTS

across three regions

45 projects
1 / 8
  • Urban area

    Linh Dam Urban Area

    Hoang Liet Ward, Hanoi City
  • Urban area

    HUD MELINH CENTRAL Urban Area

    Quang Minh Commune, Hanoi
  • Urban area

    Chanh My Ecological Urban Area

    Chanh Hiep Ward, Ho Chi Minh City
  • Urban area

    Dinh Cong Urban Area

    Dinh Cong Ward, Hanoi
  • Urban area

    My Dinh II Urban Area

    Tu Liem Ward, Hanoi
  • Urban area

    Phap Van - Tu Hiep Urban Area

    Yen So Ward, Hanoi
1 / 8

MILLIONS OF SQUARE METRES OF HOUSING BUILT

BUT WHAT HUD CREATES
GOES BEYOND THE NUMBERS

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BUILDING

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PRODUCTION AND BUSINESS VALUE
2019-2025

VND billion
39%
10,300
2019
11,055
2020
11,770
2021
12,032
2022
12,872
2023
13,555
2024
14,325
2025

INVESTMENT VALUE
2019-2025

VND billion
Investment value has stayed stable and grown steadily year after year
3,500
2019
4,081
2020
4,306
2021
4,564
2022
4,861
2023
5,133
2024
5,415
2025

REVENUE
2019-2025

VND billion
Revenue has grown in step with investment, keeping cash flow in balance
8,335
2019
8,502
2020
8,842
2021
9,248
2022
9,702
2023
10,235
2024
10,747
2025

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HALLMARKS

HUD has established its position as a pioneering state-owned enterprise in urban and housing development in Viet Nam, recognised by the Party, the State, the Government, the Ministry of Construction and local authorities with many awards and titles for both collectives and individuals. Alongside the Corporation's shared achievements, many of its collectives and individuals have been honoured by the Party and the State with titles such as Hero of Labor in the Renovation Period, Labor Orders of various classes and Emulation Fighter, together with many Certificates of Merit from the Prime Minister and Emulation Flags from the Government, the Ministry of Construction and the Vietnam General Confederation of Labor. These awards not only recognise the dedication, sense of responsibility and persistent effort of generations of HUD's staff and workers, but are also an important source of motivation behind the Corporation's lasting success and reputation on its journey of development.

PRESTIGIOUS
AWARDS

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HERO OF LABOR
IN THE RENOVATION PERIOD
UNIT

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PRESTIGIOUS
AWARDS

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HERO OF LABOR
IN THE RENOVATION PERIOD
UNIT
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INDEPENDENCE ORDER
SECOND CLASS
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THIRD-CLASS
INDEPENDENCE ORDER
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FIRST-CLASS
LABOR MEDAL
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LABOR ORDER
SECOND CLASS
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THIRD-CLASS
LABOR MEDAL

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BUILDING today LOOKING TO the future

A business can be founded on an idea, grow through its achievements and prove its standing through competitive energy. But to go far, and to grow alongside the country as it rises in a new era of development, a business needs more than its immediate business goals.

It needs a direction clear enough to lead the way, a reason big enough to change, and a set of values strong enough to shape how it thinks, works and behaves in every circumstance. When those values become a shared foundation, every decision aims not only at results today but also builds reputation, trust and lasting value. For HUD, a journey of development spanning decades has been guided by, and carried forward from, that very foundation.

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IN THE CONTEXT OF

A NEW ERA OF URBANISATION

HUD continues to pursue its goal of developing modern urban areas that serve the happy lives of the people.

BUILDING

Vietnamese homes

With sincere thanks

Together

BUILDING VIETNAMESE HOMES

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Thank you for taking the time to look back on more than 35 years with HUD. Every urban area and every apartment we have built began with the trust of our customers, partners and communities.

We look forward to continuing to work with you on the journey of creating lasting homes for every Vietnamese family.

Hotline: (+84) 24 3773 8600

Email: info@hud.com.vn

Website: hud.com.vn