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Vietnam’s MIK Group enlists three global firms for The Magnolia luxury Housing project
Raising the standard of luxury development
For years, Vietnam’s high-end residential market has been driven by ambition. Yet many projects have remained focused on premium materials and eye-catching architecture, without fully meeting deeper international benchmarks in long-term livability, operational consistency and disciplined execution.
Against that backdrop, a growing group of developers has begun adopting a more globally integrated model – prioritising process, partnerships and standards over visual spectacle. MIK Group stands among the notable names within this shift.
Founded in 2014, MIK Group has steadily established itself as one of Vietnam’s leading real estate developers. Guided by its vision of ‘creating prosperous living communities’, the company has developed a diverse portfolio spanning urban residential and high-end resort properties, including The Matrix One, Imperia Signature Co Loa, Imperia Sky Garden, Imperia Garden, Imperia Smart City, Mövenpick Resort Waverly Phu Quoc, Sol by Meliá Phu Quoc and Crowne Plaza Phu Quoc Starbay etc.
Its Imperia line, in particular, has maintained strong and consistent demand over many years, providing a stable foundation for the company’s move into a higher segment.
Building on that base, MIK Group introduced the M Series as a structured luxury platform.
Nguyen Dung Minh, Deputy Chief Executive Officer of MIK Group, said: “Today’s luxury buyers are not simply looking for square meters. They are seeking depth, refinement and privacy. Location and amenities matter, but lifestyle matters more.”
The M Series therefore represents not just an expansion into a higher tier, but an elevation of development standards – from site selection and density planning to design philosophy, construction discipline and long-term operational management.
Global partnerships: aligning vision, design and execution
To translate these standards into reality, MIK Group partnered with three international firms: Benoy for architecture and master planning, Studio HBA for interior design, and Turner International for construction and project management. The collaboration reflects not only technical capability but a shared long-term development philosophy.
Benoy, ranked among the world’s top 50 design firms, is known for shaping large-scale developments with strong identity, including The 18 Cross in Singapore, The Mural in Dubai and Lotte Mall West Lake in Hanoi. For The Magnolia, Benoy approached the project through spatial discipline and environmental rhythm rather than architectural spectacle.
According to Azaria Lee, Project Director at Benoy, what distinguished MIK Group was its clarity of intent from the outset.
“We quickly understood that this was not a project seeking immediate visual impact,” Lee said.
“MIK Group spoke about rhythm of life, privacy and the feeling of ‘coming home.’ That created a very clear foundation for architectural thinking.”
When surveying the site in Long Bien, the design team noted a perceptible transition from central Hanoi’s intensity to a calmer spatial atmosphere.
“We saw the opportunity to create an urban oasis – connected to the city, yet sufficiently tranquil to allow residents to recharge,” Lee added.
Benoy also highlighted MIK Group’s openness and disciplined approach, which enabled ideas to develop beyond short-term considerations.
For interiors, MIK Group appointed Studio HBA, the global hospitality design firm behind projects for Hilton, JW Marriott, Ritz-Carlton Macau, Shangri-La and Four Seasons. The decision reflected alignment around the philosophy of ‘quiet luxury’.
“MIK Group was not pursuing extravagance,” said Joris Angevaare, Project Director at Studio HBA. “They were seeking balance, restraint and longevity.”
The Magnolia was therefore conceived not as a residence designed to impress at first glance but as one intended to sustain comfort and emotional equilibrium over time. The ‘Canvas’ concept was developed as a refined framework that allows residents to shape their own living narrative.
According to Angevaare, the most distinctive aspect of working with MIK Group was its emphasis on durability of aesthetics and lived experience, rather than surface-level visual impact.
Construction and project management were entrusted to Turner International, whose global portfolio includes Taipei 101, The Armani Hotel & Residences Dubai at Burj Khalifa, The Ritz-Carlton Residences Bangkok and JW Marriott Hanoi.
Bojan Petkovic, Project Manager at Turner, noted that MIK Group’s definition of success stood out.
He said: “In many projects, success is measured by floor area or delivery speed. With MIK Group, enhancing the resident experience is the definitive benchmark against which every decision is measured.”
He added that this mindset shaped the implementation process.
“Our role goes beyond managing timelines and budgets. We are safeguarding a vision,” Bojan said.
Turner views The Magnolia as reflecting a life-cycle approach to luxury real estate development – integrating ESG standards, operational efficiency and long-term asset value preservation from the outset.
The collaboration between Benoy, Studio HBA and Turner International therefore represents more than a collection of global names. It reflects an integrated framework in which vision, design and execution are aligned within a coherent development structure.
“Luxury is not about being seen,” Nguyen Dung Minh concluded.
“It is about living well, quietly, for a very long time.”
The Magnolia stands as the most mature expression of the M Series platform -where elevated standards are translated into a tangible residential environment. From architecture shaping spatial rhythm, to interiors sustaining emotional comfort, to disciplined execution ensuring long-term quality, the project illustrates MIK Group’s capacity for integrated delivery.
As Vietnam’s property market continues to mature, developments such as The Magnolia signal a new phase for the luxury segment – one where value lies not in immediate visibility, but in the ability to sustain quality of living over time.
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Asia’s first Design & Innovation Festival announces its venue and key speakers — where Japanese design expertise meets the cultural diversity of Asia
| Name | SYNC Design & Innovation in SITE 2026 |
| Date | Friday, June 26, 2026 |
| Venue | Paragon Hall, 5th Floor, Siam Paragon, Bangkok, Thailand |
| Admission | Free (advance registration required) |
| Languages | Thai / English / Japanese |
| Website | https://syncforum.asia |
| Organizer | Nikkei Business Publications, Inc. |
| Production & Co-organizers | FOURDIGIT Inc., National Innovation Agency (NIA), Thailand |
| Supported by | Creative Economy Agency (CEA) |
| Production partners | Y’s Connection Inc., J-WAVE, Inc., iDID |
Hashtag: #FOURDIGIT
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Code4Mzansi highlights the growing strength of South Africa’s developer ecosystem and the role of youth-led innovation in shaping the country’s digital future
JOHANNESBURG, SOUTH AFRICA – Media OutReach Newswire – 26 May 2026 – South Africa’s emerging developers are building close to the ground, with many of the strongest solutions at the inaugural Huawei Code4Mzansi finals focused on systems people use every day: township retail, healthcare, energy, agriculture, payments and the creative economy.
The competition was held in partnership with the Department of Small Business Development. “The Code4Mzansi competition is not just a celebration of achievement, it is a launchpad for the future,” said Minister Stella Ndabeni, whose department co-hosted the event and delivered the closing address.
The finals revealed a clear shift from building abstract digital products to practical tools that help small businesses trade better, communities access services more easily, and local industries solve problems faster.
Four finalist teams focused directly on the township economy, with solutions covering food safety verification for spaza shops, offline point-of-sale systems built for load-shedding, WhatsApp-native marketplaces for informal retailers, and community credit systems for SASSA grant recipients.
Others addressed AI-driven healthcare access, electricity theft detection, smart agriculture, financial infrastructure for the creator economy, and AI-generated African music.
Held at Huawei Office Park in Woodmead, the finals brought together more than 100 attendees, including government representatives, academic partners, industry leaders and media.
“The quality of the finalist solutions demonstrated the potential of local innovation to respond to real market needs,” said Steven Chen, Cloud CEO of Huawei Technologies South Africa.
Academic partners included the University of Pretoria, the University of Johannesburg, the University of the Witwatersrand and the University of Cape Town.
“Small businesses are the backbone of our economy, and technology is their greatest accelerator. The participants here today are future entrepreneurs who will drive South Africa’s digital economy forward,” said Professor Thokozani Shongwe, Vice Dean of Postgraduate Studies, Research and Internationalisation at the University of Johannesburg’s Faculty of Engineering and the Built Environment.
Industry partner rain also attended. Leon Nortje, Principal and Senior Architect at rain, said the competition offered a strong view of the country’s emerging technology pipeline.
“It is always good to see new projects and new teams working on solutions that are valuable and industry-related. We will be looking out for potential new employees,” said Nortje.
The winners
The finalists competed for a prize pool of R800,000. MAAT by SIMVAK was named the overall grand winner and received the Business Value Award, taking home R300,000. The platform addresses food safety and regulatory compliance in South Africa’s informal retail sector through AI agents, real-time product recall alerts, and counterfeit detection for the spaza shop ecosystem.
“The spaza network is the supply chain for most South African households,” said SIMVAK founder Shingirayi Mandebvu.
HealthHive by FTCK received second prize in the Business Value Award category, taking home R200,000, for its AI telemedicine platform that matches patients with the right medical practitioners based on their symptoms.
Auraa received the Grand Innovation Award for its AI music engine built to generate authentic African sound. The platform has been associated with an album that has crossed one million streams.
The Future Star Award went to e-Khadi, a community credit and stokvel platform giving SASSA grant recipients access to essentials at their local spaza shops, supported by AI-assisted credit scoring and fraud detection.
The People’s Choice Award, voted by the public on Huawei’s social media channels, went to DevRift, a semi-finalist in the competition, who took home R100,000.
Minister Ndabeni delivered the closing address, positioning Code4Mzansi within the government’s agenda for youth entrepreneurship, small business development and digital inclusion.
“Our task is to ensure that innovation does not remain a moment of applause, but becomes a pathway to enterprise creation, digital inclusion, and sustainable growth,” she said.
“Thank you to Huawei for being a perfect partner on the journey that we are travelling, and of course, those that matter most, the developers who dared to compete,” she said.
Code4Mzansi forms part of the global Huawei Cloud Developer Competition. In its inaugural edition, South Africa attracted more participants than any other country: 1,041 across 353 teams, including 176 enterprise teams, resulting in the highest enterprise participation rate among all competing markets. Twenty semi-finalists were selected before the top nine advanced to the final.
For the finalists, the work is just beginning. As Minister Ndabeni said, “Go home today proud. But tomorrow, wake up, build again.”
Hashtag: #Huawei #Code4Mzansi #SouthAfrica
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About Huawei
Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. With 213,000 employees operating in over 170 countries, we serve more than three billion people worldwide.
Huawei is committed to bringing digital to every person, home, and organisation for a fully connected, intelligent world. In 2025, Huawei generated CNY880.9 billion in revenue, reinvesting 21.8% (CNY192.3 billion) into R&D, with about 53.7% of its employees working in R&D. As a private company fully owned by its employees, Huawei focuses on customer-centric innovation and open collaboration to create lasting value and drive technological breakthroughs globally.
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Congratulating Dr Lai on her achievement, John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), said that the HKSAR can “transform from a ‘supporter’ of the country’s great aerospace endeavours into an ‘executor’ “.
“This not only demonstrates the HKSAR’s capability in contributing to the country’s development into an aerospace power, but also showcases how Hong Kong could better integrate into and serve the overall national development,” Mr Lee said.
“This mission is of great significance, as it is not only the first manned spaceflight mission during the 15th Five-Year Plan period, but also the first time for a payload expert from the HKSAR to participate in it.”
The Shenzhou-23 crew will conduct on-orbit rotation with the Shenzhou-21 crew. The crew, including Dr Lai, will stay in the space station and conduct multiple experiments and applications in various fields such as scientific applications.
The Secretary for Innovation, Technology and Industry of the HKSAR Government, Professor Sun Dong, led a delegation to the Jiuquan Satellite Launch Center to witness this historic moment. Members of the delegation included other government representatives, I&T experts, youths and students.
“I truly believe this is a great demonstration of Hong Kong integrating into and serving the overall national development through concrete actions, while contributing our strength in I&T,” Professor Sun said.
” ‘Science and technology is primary productive force, talent is primary resource, and innovation is primary driver of growth.’ The HKSAR Government will continue to drive the development of I&T, accelerate the establishment of an international I&T centre, and make greater contributions to building our nation into a strong power in science, technology, and aerospace.”
Commissioner for Innovation and Technology of the HKSAR Government, Mr Ivan Lee, said that the Government had been providing funding support for universities and research institutions in conducting aerospace technology-related projects through the Innovation and Technology Fund.
“In 2024, we launched a special call for funding applications, inviting universities to submit project proposals related to aerospace technology. Following a selection process, we supported six projects. Among them was the Multi‑Spectral Imaging Carbon Observatory (MUSICO) developed by a team from the Hong Kong University of Science and Technology,” he said.
On the Tiangong Space Station, Dr Lai will conduct experiments including operating the MUSICO — the world’s first lightweight, high-resolution synergistic observatory for carbon dioxide and methane emission point sources.
Born and raised in Hong Kong, Dr Lai is a Superintendent of the Hong Kong Police Force. In the recruitment exercise of China’s fourth batch of preparatory astronauts launched in 2022, she was successfully selected as a payload expert and was deployed to the China Astronaut Research and Training Center for training.
Before embarking on the historic spaceflight, Dr Lai expressed hope that it would inspire more Hong Kong youths to devote themselves to the field of I&T, thereby contributing to the country’s scientific and technological self-reliance and strength.
Hashtag: #HongKong #BrandHongKong #I&T #aerospace #technology
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