Housing and Urban Development Group to make debut

The Housing and Urban Development Corporation (HUD) said it is prepared to become an economic group with capital of more than 4.6 trillion VND.

HUD Management Board Chairman Nguyen Hiep said the plan to set up the Housing and Urban Development Group, with HUD to act as a parent company, has been approved by the Government and it is awaiting the right time for its debut.

HUD currently owns 15 subsidiaries, six associate companies and two joint ventures.

VNA

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