Evaluation criteria

Vietnam Outstanding Property Awards 2024 will have 11 following awards:

1 - Best Designer
2 - Best Property Developer
3 - Best Property Distributor
4 - Best M&E, interior and building material supplier
5 - Best Public Infrastructure
6 - Best Real Estate Technology
7 - The Green Award
8 - Best Industrial Developer
9 - Best Resort Property
10 - Entrepreneur of the Year
11 - Best cultural real estate

Evaluation criteria are applied to all applications. Each application is scored on a scale of 3: Good (3 points), Excellent (2 points), Average (1 point); Based on the five categories, the criteria are as set out in Section III. The final score is the average of all the component items.

In case the projects have equivalent points, the Appraisal Council shall consider important elements in Categories 2, 3 and 4 of Section III to classify and decide on the final scores.

EVALUATION CRITERIA

1. SCALE EVALUATION AND OPERATING EFFICIENCY OF ENTERPRISE
    a. Size of assets (capital and assets)
    b. Effectiveness of the business ratios (sales and profits)

2. PROJECT EFFICIENCY
    a. Construction progress and completion
    b. The capability of construction contractors
    c. Quality of construction materials
    d. Sales performance (quantity, quality) for distributors

3. PROJECT EVALUATION
    a. Investment value of the project
    b. Size of the project
    c. Complexity of the project
    d. Location of the project

4. AFTER-SALES POLICIES
    a. Project maintenance policy
    b. After-sale customer service policy

5. EVALUATION OF THE PROJECT CONTENT
    a. Design capacity
    b. Feng Shui arrangement
    c. Technologies used in the projects
    d. Green quality:
         -    Design in accordance with domestic / international standards
         -    Green area / total area of the project
         -    Environmentally friendly materials
         -    Quality of indoor air
         -    Water quality

    e. Sustainable Project Positioning

Given the challenges faced by the real estate market this year, the Organizing Committee has introduced additional crucial criteria to evaluate outstanding real estate companies:
    1. Operational Capability:
         -    Maintaining stable corporate governance
         -    Ensuring job security and income for employees; contributing to state revenue
         -    Ability to overcome and resolve existing difficulties
    2. Ability to innovate and create breakthroughs
         -    Including in technology, finance, distribution, and marketing, etc.
    3. Ability to develop new projects:
         -    Accumulating new land funds
         -    Announcing/launching new projects
    4. Recovery Prospects:
         -    Assessing recovery and growth factors in business and profit
    5. Promoting Sustainable Development Trends:
Relying on ESG (Environmental, Social, Governance) criteria to encourage companies to adopt a sustainable development path.