arious emerging industries. In 2013, the conglomerate entered the real estate market with Vinhomes, quickly transforming it into a series of upscale residential and commercial projects. Vinhomes has significantly reshaped Vietnam’s urban landscape by introducing international standards of living through its high-end developments, such as Vinhomes Royal City and Vinhomes Times City. The company’s innovative approach, combining luxury with green living and integrated utilities, has set new benchmarks in the industry.

Vinhomes' impact extends beyond its impressive portfolio of projects. The company's commitment to quality and innovation has maintained high demand even during market downturns, as evidenced by data from leading market research firms. Its projects, including the Ocean City megaproject and Vinhomes Royal Island, showcase a bold vision for urban living, integrating luxury with natural beauty. As Vietnam's economy grows, Vinhomes is leveraging its track record to attract foreign investment, further solidifying its position as a leader in the real estate sector and contributing to the country's economic and social development.

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This week’s proptech funding roundup highlights some notable developments, including the successful fundraising of Spacely.ai, a generative AI startup based in Thailand. Spacely.ai, which won the Pitch Club competition at the recent PropTech and Portal Watch conferences in Bangkok, has secured pre-Series A funding from SCB 10X. The funds will support the expansion of its AI-driven interior design tool, with plans to open a Series A round worth USD one million later this year. For more details, check out CEO Paruey Anadirekkul's interview with Online Marketplaces.

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