Dong Trieu: The Youngest City in Vietnam’s Dynamic Transformation
Strategically located, Dong Trieu serves as the gateway connecting Quang Ninh Province with the capital city of Hanoi and other northern provinces, facilitating economic development and trade. With its abundant natural resources and favorable geographical position, Dong Trieu has established itself as a leading industrial hub in the province.
Embracing the renewal policy of shifting from a brown to a green growth model, Dong Trieu city has witnessed the emergence of modern industrial centers and clusters, such as the Mao Khe Mechanical Center and the Kim Sen Industrial Cluster.
Recognized as a third-tier city in October 2020, Dong Trieu, the western gateway of Quang Ninh Province, has experienced stable economic growth. In 2023, the city’s total production value reached VND 32,406.6 billion, with an economic growth rate of 14%. The per capita gross domestic product (GDP) stood at USD 7,810. Maintaining this momentum, Dong Trieu achieved an average economic growth rate of 14% during the 2021-2023 period. The city’s economic structure has witnessed a significant shift towards the industry and construction sectors, accounting for nearly 65%, surpassing the provincial average of 53%.
Dong Trieu’s promising economic growth (Source: Rich Nguyen Academy)
The elevation to city status has brought about noticeable changes to Dong Trieu’s landscape. Significant transportation projects have been invested in, completed, and put into operation, including the upgrade and expansion of National Highway 18 and provincial roads 326 and 333. Landmark projects such as the 10-lane riverside road, the Dong Trieu golf course, the Lai Xuan Bridge, and the expanded DT.333 road connecting to Thuy Nguyen district in Hai Phong, along with the Hanoi-Bac Ninh-Ha Long expressway, have reduced travel time between major economic centers, fostering robust investment and development opportunities.
For the period 2021-2025, Dong Trieu has allocated over VND 27,500 billion from the state budget and socialized capital to upgrade transportation and technical infrastructure, enhance urban systems, and improve the quality of life for its residents.
Additionally, a series of new urban areas are taking shape, transforming the face of Dong Trieu. These include the urban areas along Road 188 in Mao Khe ward, along the bypass road in Dong Trieu ward, the new Kim Son urban area north of National Highway 18, the urban area south of National Highway 18, and the Quan Trieu industrial and urban complex in Kim Son ward. These projects not only create modern living spaces but also offer lucrative investment opportunities for the future.
With these strong impulses, Dong Trieu is steadily establishing its position in the province’s overall development and is poised to become a promising destination for real estate investment.
Dong Trieu Real Estate: Riding the Wave of “Breakthrough” with “Heavenly Time, Geographical Advantages, and Human Harmony”
Dong Trieu’s dynamic transformation has turned it into a magnet for investors. The city’s real estate market is in the early stages of a growth cycle, witnessing a surge in demand from both residents and investors.
The synchronized development of urban, industrial, and infrastructure projects is driving the market forward. The city’s elevation to city status on November 1, 2024, created a powerful investment wave, offering timely opportunities for discerning investors.
Dong Trieu’s city status creates a breakthrough momentum for its real estate market (Source: tripmap.vn)
Occupying a prime location as a gateway for trade, Dong Trieu’s real estate is expected to enter a new development cycle. The local government is actively promoting favorable policies and supporting investors, fostering a conducive business environment for real estate projects.
Notably, the completion of the riverside road connecting the Ha Long-Hai Phong expressway to Dong Trieu city in 2025 will mark a significant transformation for the entire western region of Quang Ninh Province. This connectivity will not only reduce distances but also trigger an explosion in real estate values. The area, previously known for its low price range, will establish a new price level, reflecting its outstanding development potential and attracting substantial domestic and foreign investment.
Savvy Investors Turn Their Attention to the Emerging Dong Trieu
Well-regulated real estate with low prices is a top choice for investors (Source: hanoionline.vn)
Seasoned investors recommend prioritizing real estate with complete legal documentation, located in low-price regions with high growth potential, strong liquidity, and advantageous positions in areas with rapid urbanization. Moreover, many sophisticated investors tend to buy and hold real estate for extended periods, building substantial asset portfolios.
With its well-planned infrastructure and ongoing key infrastructure projects, Dong Trieu’s real estate market is laying the foundation for a breakthrough in the near future. The region’s low price range compared to peripheral markets like Hung Yen and Hai Phong further enhances its appeal.
Combining the elements of “heavenly time, geographical advantages, and human harmony,” Dong Trieu presents a compelling opportunity for investors seeking sustainable profitability. This convergence has transformed Dong Trieu into an attractive destination, drawing investment capital from both domestic and international partners, and positioning it as a vibrant and promising real estate market in the years to come.
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