Vice Prime Minister Tran Hong Ha signed Decision No. 1425/QD-TTg on November 19, 2024, on the investment policy for the investment project to build and operate the infrastructure of Thanh Binh 2 Industrial Park – Phase 1 in Ha Nam province. The Decision approves the investment policy and selects Thanh Binh Industrial Infrastructure Development Investment Joint Stock Company as the investor.
The project has a scale of 226.6 hectares with a total investment capital of over VND 2,610 billion and will be implemented in Thanh Nguyen and Thanh Hai communes, Thanh Liem district, Ha Nam province. The duration of the project is 50 years from the date of land lease by the State.
Thanh Binh Industrial Infrastructure Development Investment Joint Stock Company (Thanh Binh Company) is responsible for the legality, accuracy, and truthfulness of the project dossier and documents sent to the competent state agency; complies with the law in implementing the project; invests in building an infrastructure system according to the approved construction planning of Thanh Binh 2 Industrial Park; and bears all risks, costs, and full responsibility in case of violation of investment law and other land laws. At the same time, the company uses owner equity capital to implement the project as committed and in compliance with the law; and is responsible for paying an amount for the State to supplement the area of specialized rice-growing land lost or increase the efficiency of rice-growing land use in accordance with the law.
Changes in the structure of investors before the project approval date
Thanh Binh Company, formerly known as Chi Vien Construction Investment Limited Company, was established in March 2022, headquartered in Ha Nam province. The initial chartered capital was VND 8.6 billion, owned by Mr. Nguyen Van Su – Director and legal representative. In November 2022, the owner of the business changed to Mr. Nguyen Quang Tan – Chairman and Director. In March 2024, the Company raised capital to VND 62 billion. A month later, the Company changed its name to Thanh Binh as it is today, replacing the legal representative with two individuals, Mr. Tran Cao Cuong – Chairman of the Board of Directors and Mrs. Nguyen Thi Hanh – General Director, while the chartered capital increased to VND 400 billion. In which, Viet Phat I Trading Construction Service Investment Joint Stock Company holds 75% (authorizing capital to Mr. Tran Cao Cuong), Hop Tien Company holds 5% (authorizing capital to Mr. Le Tuan Tai), Ms. Phan Thi Lan holds 15%, and Mrs. Nguyen Thi Hanh holds 5%.
It is known that after the capital increase and change of leadership for only 4 days, on April 24, Hop Tien Company withdrew from the list of shareholders and transferred its 5% capital to Viet Phat I, while the remaining shareholders maintained their ownership ratios. The largest shareholder of Thanh Binh Company, Viet Phat I, was also recently established in the middle of last year. The enterprise has a chartered capital of VND 252 billion and is owned by Mr. Tran Dai Duong.
Mr. Tran Dai Duong used to be a shareholder holding 37.725% of Viet Phat Construction and Trading Services Limited Company (in 2022-2023). Viet Phat is a construction company headquartered in Ha Nam, founded by Mr. Nguyen Van Vien in 2013. The company currently has a chartered capital of VND 416 billion, with Mr. Vien as the leader and holding 98.395% of the capital. Viet Phat is the investor of the project of residential area combined with urban improvement in the south of To Dan Pho Bui, Yen Bac ward, Duy Tien town, Ha Nam province; Le Ho industrial cluster, Kim Bang district, Ha Nam province with a scale of 75ha and a total capital of over VND 900 billion.
The Big Three: Western Pacific’s Industrial Revolution
Within a short span of just a few months, three industrial parks with a total investment of over VND 7.4 trillion have been approved for a group of enterprises within Western Pacific, helmed by Ms. Pham Thi Bich Hue.
The Industrial Revolution: Unveiling the Visionary Expansion of Gia Lach Industrial Park
Vice Prime Minister Tran Hong Ha signed Decision No. 1468/QD-TTg on November 25, 2024, approving the investment policy for the construction and infrastructure business expansion project of Gia Lach Industrial Park (IP) in Ha Tinh Province.
The FECON Member: Forging a $3.7 Billion Industrial Park Vision in Bac Giang’s Hoa Yen
Vice Prime Minister Tran Hong Ha signed Decision No. 1462/QD-TTg on November 25, 2024, approving the investment policy for the construction and infrastructure development of Hoa Yen Industrial Park in Bac Giang Province.
The Green Light for Two Industrial Parks in Ha Nam Worth nearly 5.600 Billion VND
Vice Prime Minister Tran Hong Ha has recently approved two crucial infrastructure development and business projects in the industrial parks of Ha Nam province. These projects encompass a substantial area of 476.6 hectares and entail a total investment of approximately VND 5,586 billion.
“Long Thanh Airport Project’s Phase 1: A Timeline Update”
The National Assembly’s Economic Committee agreed on the necessity to adjust the investment policy for the Long Thanh International Airport project. They approved the adjustment of the investment schedule for the construction of Runway 3, moving it from Phase 3 to Phase 1. This decision aims to ensure the synchronized operation of Runway 3 with Phase 1, and also extended the deadline for the completion of Phase 1 to December 31, 2026.
