From that orientation, Taseco Land is demonstrating a consistent strategy: prioritizing the accumulation of clean land funds, completing legal procedures and improving implementation capacity. Instead of focusing on expansion at all costs, the enterprise chooses a cautious but sustainable approach, thereby gradually building the foundation for a new development cycle.
We have accumulated nearly 1,000 hectares of land, prioritizing clean land with clear legal status.
For many years, Taseco Land has pursued a strategy of depth: developing a sufficiently large land bank while ensuring legal quality and practical implementation capabilities. As of Q4 2025, the company owned nearly 1,000 hectares of land in many key locations. Notably, over 430 hectares of this land have completed compensation and land clearance, equivalent to approximately 46% of the total land bank. This is a high percentage compared to the average for large-scale real estate companies, as many projects are currently delayed due to compensation issues or incomplete legal procedures.
The fact that a real estate company can complete land clearance on such a large scale amidst the current difficulties demonstrates a high level of serious preparation and effective coordination with local authorities. For Taseco Land, land is not only a factor in expanding scale but also a "core asset" to ensure operational safety and continuity for medium- and long-term plans.
The ever-expanding portfolio of clean land also reflects the company's cautious development philosophy: not chasing after formal scale but focusing on land that can be deployed in reality. Most of Taseco's clean land fund is located in provinces and cities with rapid urbanization, beautiful locations and completed infrastructure such as Hanoi , Bac Ninh, Thai Nguyen, Thanh Hoa, Ninh Binh, Hai Phong, Quang Tri... This helps the company have many options in product development, from large-scale urban areas to industrial parks - a segment that is strongly attracting FDI capital in the North.
This approach also brings advantages in terms of capital absorption in the future. When the legal system is standardized in advance, businesses can proactively choose the right time to do business, avoiding the risk of prolonged capital stagnation as in many cases in the market. In the context of increasingly scarce clean land supply, Taseco Land is therefore assessed to be well-positioned to anticipate the market recovery cycle.
Positive land acquisition progress creates momentum for new growth cycle
Along with the accumulation of land funds, Taseco Land's site clearance work has achieved remarkable results in recent times. Key projects are all carrying out legal procedures and site clearance as planned, and in many cases, even exceeding expectations. In the 115-hectare urban area in Duy Tien, the site clearance rate has reached 95%, of which 50.5 hectares have been allocated land in the field - meaning that businesses can deploy infrastructure immediately and can start business as early as 2026.
In the industrial park sector, the Taseco Dong Van 3 Industrial Park project is also in the final stages of land clearance to ensure revenue recognition in the coming period.
In addition, Taseco Land is also actively and vigorously implementing site clearance work in a series of other projects such as: Taseco Me Linh project, Taseco Nam Song Cau (Thai Nguyen), Luong Ninh urban area (Quang Tri), Tam Son urban area (Bac Ninh), Thuy Nguyen industrial park (Hai Phong)... The ability to accelerate site clearance - which is the biggest bottleneck of the market today - has become a key factor helping Taseco Land shorten project implementation time, soon having products for business.
The positive progress of site clearance has changed the asset structure of the enterprise. Inventory currently reaches more than 7,200 billion VND, accounting for about 55% of total assets - most of which come from projects that have completed legal procedures and are recorded in the "ready to operate" state. This reflects that Taseco's land fund is not immobile, not a "paper" asset, but has moved to a stage that can generate real cash flow in the next cycle.
With a solid legal foundation and land resources already in place, Taseco Land has set a cautious but clear growth plan for the 2025–2030 period. The revenue target of VND 12,000 billion in 2026 is not based on market expectations, but on projects with complete legal documentation, land clearance completed, and ready for immediate implementation when conditions are favorable.
In a market context that requires transparency and long-term preparation, Taseco Land chooses the path of strengthening the foundation: increasing the proportion of clean land, completing legal procedures and implementing on a solid roadmap. Not pursuing hot growth, the enterprise prioritizes building a stable foundation to be ready to create a breakthrough momentum for business activities in the following years.
Source: https://congluan.vn/suc-bat-moi-cua-taseco-land-dang-den-tu-dau-thi-truong-hay-quy-dat-sach-10321996.html
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