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Foundation of SPN |

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Construction of the Spring Court apartments begins at 1bis Phung Khac Khoan Street, District 1, Ho Chi Minh City |
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Spring Court completed and fully operational |
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Construction of the Centec Tower begins at 72-74 Nguyen Thi Minh Khai Street, District 3, Ho Chi Minh City. |

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SPN co-founds Dien Bien Investment Joint Stock Company in Hochiminh city to develop the DB Tower Complex.
SPN co-founds Sao Phuong Nam Investment Joint Stock Company in Khanh Hoa province to develop a 5-star resort in Cam Ranh Bay, Cam Ranh City. |

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Centec Tower completed and fully operational.
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