On January 8, 2025, Deputy Prime Minister Tran Hong Ha signed Decision No. 50/QD-TTg, approving the investment policy for the construction and infrastructure development of Yen Binh 3 Industrial Park in Thai Nguyen province.
The project has been approved for BMK Joint Stock Group as the investor. Yen Binh 3 Industrial Park spans over 295.3 hectares, with a total investment of VND 4,139 billion, including nearly VND 621 billion in capital contribution from the investor.
The project is located in Diem Thuy and Nga My communes, Phu Binh district, Thai Nguyen province, and is expected to be implemented over a period of 50 years.
![]() Artist’s impression of the project. Source: BMK
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Yen Binh 1 and 2 Industrial Parks, with a total area of 693 hectares and 301 hectares, respectively, and a total investment of over VND 3,820 billion, are developed by Yen Binh Investment and Development Joint Stock Company. |
The Deputy Prime Minister has requested the People’s Committee of Thai Nguyen province to inspect and ensure that the investor meets the conditions for land lease, change of land use purpose, and compliance with legal regulations on real estate business. Additionally, the committee should monitor the project’s progress, utilization of owner’s capital contribution, and adherence to commitments in attracting investment projects and developing industrial infrastructure as per legal regulations.
BMK Group (the investor) is responsible for the legality, accuracy, and truthfulness of the project’s documents and submissions to state authorities. They are also accountable for complying with legal regulations, developing infrastructure according to the approved planning, and bearing risks, costs, and responsibilities associated with the project.
The group is committed to using owner’s capital contribution for the project as pledged and in compliance with legal regulations. They also undertake obligations related to converting forest land use purposes, with a plan for compensatory afforestation or a completed obligation to pay for forest restoration as per legal requirements.
Established in 2020 in Hanoi, BMK Group started with a charter capital of VND 60 billion. Mr. Nguyen Van Vuong, the Director, held a 92% stake, while Ms. Ngo Thi Thanh Xuan and Mr. Nguyen Quang Diep owned 5% and 3%, respectively. Currently, the group’s charter capital has increased to VND 830 billion, with Mr. Nguyen Ha Hai as the Director and Mr. Vuong as the Chairman of the Board of Directors.
BMK Group is also investing in other industrial clusters, including Tan Thinh Industrial Cluster in Nam Dinh province (VND 450 billion, 50 hectares), Hong Viet Industrial Cluster in Thai Binh province (VND 438 billion, 70 hectares), and Minh Duc – Ngoc Ly Industrial Cluster in Bac Giang province (VND 919 billion, 75 hectares).
Source: BMK
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– 20:35 08/01/2025
A Skilled Succession: Nguyen Thi Vinh Chairs Thai Hung
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