As of December 31, 2024, Everland’s total consolidated assets amounted to nearly VND 4,900 billion, representing a 36% increase year-on-year. The company’s credit debt stood at VND 1,004 billion, with no overdue liabilities or outstanding bonds, as reported in the financial statements. These figures demonstrate Everland’s positive growth momentum and stable financial standing in comparison to 2023.

In response to the recovery of the real estate market, Everland is accelerating the implementation of several key property projects. One of the most notable is the Crystal Holidays Harbour Van Don project, which carries a total investment of VND 5,643 billion. The project comprises five high-rise towers (ranging from 28 to 34 floors), offering 2,274 five-star hotel rooms and resort apartments.

Currently, Towers A, B, and F are being fast-tracked for completion and handover to Centara Hotels & Resorts, the appointed international operator, with official operations expected to begin in Q3 2025. Meanwhile, Towers C and D are scheduled to top out in Q2 2025 and reach completion by early 2026. The entire development is expected to be fully operational by 2027, becoming a key landmark for luxury tourism and hospitality in Van Don and the Bai Tu Long National Tourism Area.

The Xuan Dai Bay Commercial, Service, and Resort Complex in Phu Yen was commenced construction on 1/4/2024

In addition, on April 1, 2025, Everland Group commenced construction on the Xuan Dai Bay Commercial, Service, and Resort Complex in Phu Yen. The Group also plans to break ground on the Crystal Holidays Heritage Ly Son project in Quang Ngai in Q2 2025. According to company representatives, both projects are expected to be completed and operational within 30 months from the groundbreaking date.

Simultaneously, Everland is expediting legal procedures related to investment and land use for several other developments, ensuring readiness for project launches throughout 2025 and 2026.

Source: cafef.vn