Nova Group has always put people, property and the planet ahead of profit, according to CEO Steve Cummings, a founder of the real estate due diligence and environmental engineering firm in St. Louis Park.

Nova Group finds value in embracing public good

Vietnam’s 7 richest people lose $2 bln amid stock market plunge
By Minh Son   &nbspMay 20, 2022 | 12:24 am PT
(From L), front row: Thaco Group Chairman Tran Ba Duong, Masan Group Chairman Nguyen Dang Quang, Hoa Phat Group Chairman Tran Dinh Long; Nova Group chairman Bui Thanh Nhon; second row: Vietjet CEO Nguyen Thi Phuong Thao, Techcombank chairman Ho Hung Anh; back: Vingroup Chairman Pham Nhat Vuong. Graphic by VnExpress/Ta Lu
The total net worth of Vietnam’s billionaires has fallen by 10 percent since the last Forbes’ update in March to $19.3 billion due to a plunging stock market. The benchmark VN-Index has lost 17.5 percent since the end of March, with most blue chips hitting year lows. Tran Dinh Long, chairman of steel giant Hoa Phat, saw his net worth decline by 22 percent to $2.5 billion, mirroring the turbulence of his company’s stock. In March, the Hoa Phat share peaked at VND51,000 but then began to fall. At the close Thursday, it traded at VND37,900, down 26 percent. The net worth of three other billionaires, Vietjet CEO Nguyen Thi Phuong Thao, Techcombank chairman Ho Hung Anh and Masan Group chairman Nguyen Dang Quang, fell by over 10 percent or $200-400 million. Prices of their companies’ stocks, VJC of Vietjet, TCB of Techcombank and MSN of Masan, have fallen by 10-25 percent since the end of March. Vietnam’s richest person, Pham Nhat Vuong, chairman of the country’s largest conglomerate, Vingroup, saw his net worth erode by 200 million, or 3 percent. Tran Ba Duong, chairman of automaker Thaco, has become $100 million poorer. Nova Group chairman Bui Thanh Nhon, who first appeared on the list this year, was relatively unscathed since the price of his company’s stock has only fallen marginally.

Vietnam’s 7 richest people lose $2 bln amid stock market plunge

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Introduction: 
Nova City Peshawar is a Nova Group venture that offers first-class amenities and facilities. The Nova City Islamabad project was a huge success. Now, the developers are focusing on the new project. The Nova Group provides world-class facilities and services to clients and an environmentally responsible way of living. They want society to be extraordinary and well-known for its conveniences. Society is attractive because of all its features. It offers everything a community needs, from a gated neighborhood and CCTV surveillance. The security system was completely redesigned and now includes various safety equipment. Nova City Peshawar Developers and Owners:
Nova City Peshawar developers are Nova Group. The developers have an experienced staff and expert architects. Nova City is Peshawar’s most famous and successful community as its design is elegant and unique. They have a strong reputation within the real estate sector because of their dedication. They are known for their reliability and dependability. Due to its illustrious reputation, people expect Nova City Peshawar will be a huge success. It will be a benchmark in real estate with its highly-respected developers and services. Their efforts have made them very popular. They have made the greatest effort to develop environmentally-friendly infrastructure for security. Without greenery, what is a city? They established Nova City Islamabad with the same attributes, and now they plan to build Nova City Peshawar. The developers have designed the master plan to meet the needs of both residents and investors. With its breathtaking layout, the Nova Peshawar will symbolize elegance. They also aim to make Pakistan a more desirable place to live, meeting international standards. Nova City Peshawar NOC: 
Nova City Peshawar NOC has been approved by the concerned authorities. All the processing and operations are carried out under the supervision of the concerned development authorities. Nova City Peshawar Location:
Nova City Peshawar location is near Peshawar and the M-1 Motorway. The location is a critical factor in deciding whether to invest in a project or not. Because of their exceptional location, some lands are more costly than others. A great site can have a high cost. The same goes for plots of similar size. Prices will vary depending on the area. Investors are very interested in this project. One of the main reasons is its strategic location. This beautiful area is far from the hustle and bustle of city life, providing residents with peace and tranquility. Nova City Peshawar offers all the amenities you need, but without the noise and filth of the city. Accessibility:
Nova City Peshawar is only 12 minutes away from Charsadda. This magnificent complex is only 19 minutes from Peshawar. Mardan Road is just 7 minutes away. Mardan City is only 23 minutes away from this amazing society, so residents can easily reach it. The 51-minute drive to Bacha Khan International Airport takes you to the airport. Tenants can reach Risalpur in 25 minutes from this unique community. From the Nova City Peshawar, it takes only 19 minutes to drive N-5 GT Road. Peshawar Bypass is only 19 minutes from the community. Residents can easily access it. Peshawar Ring Road can be reached in 23 minutes. Residents can walk in 5 minutes from the new residence to NHQ Hospital Road. Residents will find it convenient that Nova City Peshawar can be reached in just 36 minutes from Nowshera. Nova City Peshawar, therefore, is strategically located. It is located close to most of Pakistan’s major cities. Nova City Peshawar residents do not have to travel long distances to reach their destinations as most cities are within walking distance. Nearby landmarks of Nova City, Peshawar
Below are some of the most famous and well-known landmarks surrounding this amazing neighborhood. Mardan city
Nova City Peshawar Master Plan: 
Nova City Peshawar master plan was meticulously designed by highly-skilled architects with international experience. Developers aim to provide everything people need, including affordable housing and various property sizes. Both developers and workers have ensured that the project meets international development standards. The master plan focuses on the perfect combination of moderate pricing and abundant living. Developers are making every effort to make society a better place. The result was dreamy, and they remembered an idiom: “Once in a blue moon.” They want locals to feel that way. Some information about Nova City has yet to be released because it is still in its initial stages. We have included below some of the most sought-after details about Nova City’s residential
1 Kanal
Nova City Peshawar Facilities & Amenities:
Nova City is a brand new development that offers everything an investor could want. Nova City will be a benchmark due to its many characteristics. These include a great location and excellent amenities. It will also be home to beautiful views that residents can enjoy when they awake. Its unique features have made it a popular choice for those looking to invest. Its premium location makes it a great option for residential development in Pakistan. It is a stunning location with many amenities for its residents. Below are some of the amenities Nova City Peshawar offers to its residents. Health Care:
The owners have paid much attention to the healthcare units. They want to offer the best service possible to their residents. The Masterplan also includes medical units that are staffed with skilled doctors. For any emergency, the physicians will be available 24 hours a day. Water Reservoirs:
Society has paid attention to its inhabitants’ water needs and healthcare facilities. It will allow the community to build large water reservoirs that store large water. The society will also build water filter plants to provide filtered water for society residents. CCTV Surveillance:
Security must meet the safety requirements of residents to allow them to lead a healthy lifestyle. Nova City Peshawar plans to install CCTV cameras and other security devices to meet its safety requirements. To ensure the safety of people at higher levels, the community also has a gated wall. Environment Friendly:
The enterprise will provide services and amenities that are environmentally friendly to residents. Developers plan to offer residents a luxurious lifestyle not available in other housing developments in Pakistan. Commercial Area: In addition to meeting basic needs, residents must also live a healthier lifestyle. The result is that society’s residents have access to a commercial zone. This area can be used for a wide range of business purposes. Salient Features: 
Nova City Peshawar, a stunning residential community that strives to provide its residents with elegant and healthy amenities, is beautiful. Nova City Peshawar’s designers are creating this dream to transform society’s mentality and conduct. The developers hope to impact society through comfort and elegance positively. The developers want residents to have a great time and not worry about anything. Below are the essential elements of Nova City. The hosuing project offers the levish facilities as Kingdom Valley. Beautiful mosque
Nova City Peshawar Payment Plans:
Nova City Peshawar payment plan contains highly reasonable and flexible installment plans. Developers have made every effort to offer residents a comfortable life at a fair price. Nova City Peshawar’s payments plan is affordable and efficient. It is possible to purchase even for those with low incomes. Investors will soon be able to book the properties. Nova Group hopes to establish this company as a model. They plan to enhance it in all ways, from the infrastructure to carpeted roads. The development of the city will be rapid. In terms of economics, Nova City will represent a huge investment. The material is still being revealed as a part of the plan. Reservations require documents:
NICOP for clients located overseas
How to Book in Nova City Peshawar:
Nova City Peshawar, a futuristic development with state-of-the-art facilities, aims to provide residents with luxurious amenities. The residential complex provides tranquil surroundings, a serene environment, comfort, high-quality security, and high-living standards. Follow the steps below to book plots for investors and residents. The customer must first complete the booking form. Please take care when filling out this form. Avoid making mistakes to avoid future problems. Attach copies of the CNICs from the buyer to the form. You can pay the deposit by cash or check in Nova City Peshawar. Check with the management to see if any changes or additions have been made before you make payment. Authorities usually accept pay orders. Managers can confirm cash payments to buyers. You must now submit all necessary paperwork to complete the process. To avoid any problems in the future, keep the receipt. Frequently Asked Questions (FAQs)
Q1: What makes Nova City Peshawar unique from other housing plans? Ans: Nova City Peshawar, a new residential community, aims to offer residents all the necessary luxury amenities. The extraordinary society is unlike other housing developments in that it aims to create a calm and comfortable environment for its residents, which will change their behavior and attitudes. This remarkable residential community is distinguished by its outstanding facilities, top-quality security, exceptional Masterplan, and affordability. Q2: Who are the developers and owners for Nova City Peshawar, Pakistan? Ans: The developers and owners of Nova City Peshawar are Nova Group. Nova City was previously founded in Islamabad City by the developers and owners. Nova City Peshawar is episode 2 in the Nova City series. Nova Group, a well-respected and respected firm in the realty sector, is also featured. Q3: What is the location of Nova City Peshawar? Ans: Nova City Peshawar can be found on M-1 Motorway. This society is in a great location as residents can access it from many cities such as Charsadda and Risalpur, Peshawar, and Mardan. Nova City Peshawar is an excellent area to live in, as it is near so many of Pakistan’s most famous cities. Q4: Is Nova City Peshawar’s NOC approved? Ans: Yes, the NOC of the housing society is approved by the concerned authorities. Q5: Are there any residential properties in Nova City Peshawar, Pakistan? Ans: Nova City Peshawar is an exclusive residential complex that offers different plots. This wonderful community offers residential properties as low as 3.5 Marla to 1 Kanal, 5 Marla to 7 Marla to 10 Marla, and 10 Marla. Q6: Nova City Peshawar is an affordable housing complex? Ans: Nova City Peshawar offers an easy and affordable installment plan. The remarkable properties found in this housing community are all affordable. Both the owners and developers tried to strike a good balance between luxury living and affordability. Developers aim to offer a high-quality lifestyle at affordable prices so that everyone can enjoy it. Q7: Is investing in Nova City Peshawar profitable? Ans: Nova City Peshawar is an affordable and lucrative investment. Nova City Peshawar is a productive investment because of its luxurious amenities, prime location, and affordability. Conclusion: 
Nova City Peshawar is an amazing project set in beautiful surroundings. It offers everything that a society needs to make it attractive. Nova City Peshawar is ideally located near the Motorway (M1), and a NOC will soon be issued. It is close to Peshawar. Peshawar residents have easy accessibility to society, so they can easily invest. Because it is so close, you can visit your property often. Due to its high-quality services and popularity, the community can expect to reach new heights. Although the payments are currently very low, once the society becomes fully developed, costs will rise dramatically, so now is a great time to invest in the community. Nova City Islamabad, the nova developers’ first project, was a hit with investors. Investors have come from all over the globe to invest in society. The developers are now back in Nova City Peshawar.

Nova City Peshawar

Wealth of Vietnam's richest rose during pandemic
Most Vietnamese in the 2022 Forbes global billionaires list saw their wealth increase amid the Covid-19pandemic last year. (From L), front row: Thaco Group Chairman Tran Ba Duong, Masan Group Chairman Nguyen Dang Quang, Hoa Phat Group Chairman Tran DinhLong; Nova Group chairman Bui Thanh Nhon; second row: Vietjet CEO Nguyen Thi Phuong Thao, Techcombank chairman Ho Hung Anh; back:Vingroup Chairman Pham Nhat Vuong. Graphic by VnExpress/Ta Lu
The list features seven ofthem , the highest ever, including one woman and six men with a collective net worth of $21.2 billion. Nova Group chairman Bui Thanh Nhon broke into it for the first time. The rest saw their worth remain unchanged or increase except for Vingroup chairman Pham NhatVuong. Tran Dinh Long, 61, chairman of steel giant Hoa Phat, made it into the top 1,000 for the first time after his wealth increased by US$1billion over the last year. Long had the highest net worth growth of all Vietnamese billionaires. With a net worth of $3.2 billion, he is currently Vietnam’s second richest after surpassing Vietjet Air CEO Nguyen Thi Phuong Thao. It had topped $4 billion last October after the Hoa Phat stock peaked at VND60,000 ($2.62), but the price fell by 25 percent at the end oflast year, tracking the 30 percent decline in steel prices in China, the world’s top producer. His net worth then declined to around $3 billion, but as of March 11, when Forbes measured people’s wealth, the share (HPG) had rallied toVND50,000. Hoa Phat saw its post-tax profit go up 2.5 times to VND34.52 trillion last year, 92 percent higher than its target. Net worth trajectories of seven richest people in Vietnam. Graphic by VnExpress/Ta Lu
Nguyen Thi Phuong Thao, 51, returned to the top 1,000 after four years with a net worth of $3.1 billion, up $300 million comparedto last year, though the aviation industry slump continued due to Covid. Besides being CEO of budget carrier Vietjet Air, she is also president of leading investment company Sovico Group. The Vietjet stock VJC has surged 16 percent since the beginning of February following the full resumption of internationalflights . Thao first entered Forbes’ billionaires list in 2017 and became the 766th richest person in the world a year later with a net worth of$3.1 billion. But her net worth declined to $2.3 billion in 2019 and $2.1 billion in 2020. The net worth of Techcombank chairman Ho Hung Anh, 51, and Masan chairman Nguyen Dang Quang, 58, increased by $700 millioneach. Anh made the list for a fourth time with a worth of $2.3 billion, and Quang for a third time with $1.9 billion. Quang’s Masan Group, Vietnam’s fifth largest private company, last year reported a seven-fold rise in profits to VND8.5 trillion as itscore businesses were not affected much by the pandemic, and its retail sector even made gains thanks to surging demand during lockdowns. Its share price doubled to VND170,000 last December before declining to around VND140,000 in January. At the time of writing it is tradingaround VND150,000. The Masan Group's MSN ticker rose to VND170,000 last December, but fell to around VND140,000 in January. At the end of Friday's session,it was trading at VND148,500. Tran Ba Duong, 62, chairman and founder of the Truong Hai Auto Company (Thaco), saw his net worth remain at $1.6 billion. He and his family hold a 70 percent stake in Thaco, the sixth largest private enterprise in Vietnam last year, though it is not listed onthe stock market. Duong’s net worth, therefore, does not fluctuate as that of the others do. Pham Nhat Vuong, owner of Vietnam's biggest conglomerate Vingroup, remained the richest person in Vietnam despite his net worthfalling to $6.2 billion from $7.3 billion last year. The Vingroup share peaked last April at VND128,000 but has fallen to VND81,700 at the end of Friday’s session. Vingroup reported its first-everloss last year , attributing it to spending VND6.09 trillion in fighting the pandemic and making investments in electric vehicledevelopment. Anh Tu

Wealth of Vietnam's richest rose during pandemic

Seven Vietnamese billionaires among world’s richest: Forbes
By Ha Thu   &nbspApril 5, 2022 | 07:01 am PT
(From L), front row: Thaco Group Chairman Tran Ba Duong, Masan Group Chairman Nguyen Dang Quang, Hoa Phat Group Chairman Tran Dinh Long; Nova Group chairman Bui Thanh Nhon; second row: Vietjet CEO Nguyen Thi Phuong Thao, Techcombank chairman Ho Hung Anh; back: Vingroup Chairman Pham Nhat Vuong. The 2022 Forbes list of the planet’s richest people features the highest ever number of Vietnamese billionaires at seven – a woman and six men worth $21.2 billion collectively. Apart from Bui Thanh Nhon, 64, chairman of the Nova Group, who breaks into the list for the first time this, each of the other six has been on the Forbes annual ranking at least once. Real estate giant Nova Land Investment is the flagship company of the Nova Group. Pham Nhat Vuong, 53, owner of Vietnam's biggest private conglomerate Vingroup and the country's first billionaire, is on the list for the tenth consecutive year. He also remains Vietnam’s richest man with a net worth of $6.2 billion, down from $7.3 billion last year. Ranked 411th in the world, he is the only Vietnamese billionaire on the list that has seen total asset value drop from last year. Vuong first made the list in 2013, when he was ranked 974th with a net worth of $1.5 billion. He is followed by 61-year-old Tran Dinh Long, founder and chairman of steelmaker Hoa Phat Corp, with a net worth of $3.2 billion, up $1 billion from last year. Long stands 951st in this year's list, which marks the second time he has made it to the ranking. Nguyen Thi Phuong Thao, 51, has made the list for the sixth time with a net worth of $3.1 billion, ranking 984th. She is currently CEO of VietJet Air and president of Sovico Group, a leading investment group in Vietnam. Nhon of Nova Group is in 1,053th place with a net worth of $2.9 billion. Techcombank chairman Ho Hung Anh, 51, is on the list for the fourth time. His net worth stays at $2.3 billion, up from $1.6 billion last year. Masan chairman Nguyen Dang Quang, 58, shows up on the list for the third time this year with a net worth of $1.9 billion while Tran Ba Duong, 62 chairmen and founder of the Truong Hai Auto Company (Thaco), has a net worth of $1.6 billion. The Forbes listing used stock prices and exchange rates on March 11, 2022 to calculate the net worth of individuals. This year, for the first time ever, Elon Musk has topped the World’s Billionaires list with a net worth of $219 billion. He is followed by Amazon founder Jeff Bezos with $171 billion and French luxury goods billionaire Bernard Arnault with $158 billion. The U.S. still leads the world with 735 billionaires worth a collective $4.7 trillion, followed by China (including Macau and Hong Kong) with 607 worth a collective $2.3 trillion. According to Forbes, war, pandemic and sluggish markets have hit the world’s billionaires this year. This year’s listing of 2,668 billionaires is 87 fewer than a year ago. Together, they are worth $12.7 trillion, which is $400 billion less than in 2021. Forbes said the most dramatic drops have occurred in Russia and China, with the number of billionaires dropping by 34 and 87, respectively.

Seven Vietnamese billionaires among world’s richest: Forbes

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