CEO DIC Corp: Money is abundant, real estate is favorable for selling products

(Dan Tri) - Mr. Nguyen Quang Tin - General Director of DIC Corp - commented that the real estate market has many good conditions to recover, although there are still many potential unexpected risks.

“There is more money than goods, so businesses have the opportunity to restructure and bring real estate products to the market,” said Mr. Nguyen Quang Tin, General Director of Construction Development Investment Joint Stock Corporation (DIC Corp, stock code: DIG) at a recent meeting to share the business situation of the past 9 months with investors.

Mr. Tin commented that the real estate market has many good conditions to recover.

Firstly, the current macroeconomic indicators are very stable, in which interest rates are maintained at a good level, support policies are becoming more substantial... creating positive conditions for the real estate market.

Interest rates are low and this often has a huge impact on real estate businesses and market demand. According to his estimates, if this interest rate lasts for the next 1.5-2 years, the market will be in better health. However, the demand for buying a house is still affected by many other factors such as absorption capacity, macro, people's income...

The State Bank is providing great support to the economy , increasing market liquidity. For real estate businesses, he sees this information as favorable, which can be understood as there is more money than goods, businesses accordingly have the opportunity to restructure and bring real estate products to the market.

Second, since the beginning of the year, the whole country has embarked on merging provinces and cities and switching to a two-tier model. According to Mr. Tin, streamlining the apparatus first needs time for businesses to adapt, but overall, the opportunities outweigh the challenges.

A corner of Ho Chi Minh City (Photo: Huu Khoa).

Compared to 2023, at that time the removal of policies was only in the calling state, not yet effective in terms of implementation. Since the beginning of the year, policymakers have listened to and recorded comments from experts, market members, economic participants... Draft laws are gradually being adjusted closer to the actual situation and therefore policies are becoming more and more practical.

Along with the advantages, businesses still emphasize that the market always has unexpected difficulties or risks.

In 9 months, the company recorded that it had achieved 5 targets compared to the plan assigned by the 2025 shareholders' meeting. Of which, the company is estimated to achieve more than 1,831 billion VND in net revenue, 467 billion VND in gross profit and 209 billion VND in pre-tax profit.

Particularly with the target of disbursing 6,690 billion VND this year, up to now, the company has only disbursed 20-25% of this amount.

It is expected that in November, the company can pay land use fees for this project of about 1,000 billion VND, plus development costs of about 500 billion VND, the total amount that can be disbursed for a project is about 1,500 billion VND, thereby having products to bring to the market in the period 2026-2027.

Source: https://dantri.com.vn/kinh-doanh/ceo-dic-corp-tien-dang-nhieu-bat-dong-san-dang-thuan-loi-de-bung-hang-20250927075601786.htm