Hanoi Housing Development and Investment Corporation (HANDICO) is the first "90 corporation" of Hanoi City which is incorpotated in 1999 to meet the demand of innovation in contructions and development of housing and urban area of the city.



When being newly established, the Corporation has 17 member units. After the period of contruction and development, now the Corporation owns more than 60 members units in Hanoi and many other provinces, cities through the countries as Ha Nam, Ninh Binh, Nghe An, Thua Thien Hue, Ho Chi Minh City, etc. The scale of production organization of the Corporation is incessantly in creased to maintain capacity of capital preservation and development; market is continuouslt expanded.



Thanks to suitable development strategy, the Corporation becomes one of mighty, potential, making big contribution to form volume for immigration and site clearance by some re-settlement areas such as: Nam Trung Yen, Trung Hoa – Nhan Chinh, Cau Dien, etc. The new, modern urban areas constructed by the Corporation, namely: Co Nhue – Xuen Dinh, Dai Kim – Dinh Cong, Me Tri Ha, Sai Dong – Long Bien, Vinh Hoang, Trung Van also contribute a lot to change the architectural face of the Capital. Beside the main trading and production sectors, the Corporation focuses on multi-career production in orientation of expanding market to the whole countries in region.



After changing to operation model of “Parent company and Subsidiary company” in 2005, the Corporation continues to develop an improve its production and trading effects. In the new period of time, which policy activeness, creation for intergration, development, overcoming difficulities and challenges, the Corporation completes development Strategy in the period of 2010 – 2015, as the result, with the strategic target to 2015, the Corporation will become one of five organization owning biggest market share in investment, real estate trading in Vietnam, with operation area in the whole country and countries in region. Moreover, the Corporation will focus on developing multi-career activities serving such main investment, real estate trading fields as construction materials production, supply of equipments, advanced technology for planning, management and implementation of projects, in which holding company plays decisive role in capital, technology, market and trade mark development.