The decision by Sun Group and Vingroup to construct their own cable cars, bridges, and metro systems for their respective projects brings about significant advantages. These infrastructure projects not only address transportation issues but also elevate the value of the developments, creating unique attractions.
Sun Group’s cable cars transform remote mountains and islands into desirable destinations, while Vingroup’s bridges and metro lines provide convenient and rapid access for residents, enhancing the comfort and liveability of their projects.
Vingroup Constructs Bridges and Proposes a Metro Line for its Mega-Projects
Vingroup is currently building the Royal Bridge to connect its Vinhomes Royal Island project in Vu Yen Island, Hai Phong. With a total investment of VND 2,300 billion and a length of 2.2 km, the bridge is expected to reduce travel time from Hai Phong’s city center to the project to under 10 minutes upon its completion in August.
Vinhomes Royal Island is the first island city in Northern Vietnam, spanning almost 9 sq. km and featuring a 1.6 sq. km golf course, a horse racing track, shophouses, and nearly 4,000 villas. The Royal Bridge will not only provide connectivity but also increase the value of the real estate, attracting both residents and investors to the area.
In addition, Vingroup has proposed the construction of a metro line to connect its Vinhomes Can Gio project, a nearly 29 sq. km coastal city in Ho Chi Minh City. The metro line, spanning almost 50 km, will begin at Nguyen Van Linh Boulevard in District 7, continue along Nguyen Luong Bang Street, cross the river to Rung Sac Street, and finally arrive at the Can Gio coastal city.
Vinhomes Can Gio is a massive land reclamation project in Long Hoa and Can Thanh, Ho Chi Minh City, with an investment of over VND 282,000 billion by Vingroup. The project has been approved for 1/500 planning and will include a 108-story landmark tower, over 27,000 low-rise homes, and 11 apartment buildings. It is envisioned as a modern tourist and resort city, accommodating nearly 230,000 residents and attracting 9 million visitors annually.
Sun Group’s Cable Cars Connect Mountainous and Island Projects
Sun Group is renowned for its cable car systems that link tourism projects located on high mountains or remote islands. These systems provide easier access to challenging destinations, such as the Fansipan cable car in Sa Pa, which transports passengers from the valley to the mountain peak.
Fansipan Cable Car
Notably, many of these cable car systems hold Guinness World Records. The Fansipan cable car, nearly 6,300 meters long and ascending to a height of 3,143 meters in just 15 minutes, is recognized as the “World’s Longest Three-rope Cable Car” and the “World’s Largest Height Difference Between Departure and Destination Stations for a Three-rope Cable Car.”
The Hon Thom cable car in Phu Quoc, at 7,900 meters long, holds the record for the “World’s Longest Three-rope Cable Car.” Ba Den Station boasts the title of the “World’s Largest Cable Car Station” with an area of nearly 1.1 hectares, while the Cat Ba cable car’s tower, standing at almost 215 meters tall, is the “World’s Tallest Cable Car Tower.”
The Real Estate Giants: Vingroup, Becamex, Viglacera, and Hoang Quan’s Plea to the Prime Minister on Social Housing
The majority of real estate businesses are petitioning the government to consider implementing regulations and mechanisms that prioritize the development of social housing projects. They propose that this can be achieved by streamlining and shortening the often-lengthy procedures and timelines currently in place.
The Penultimate Penmaster: Reigniting Sun Group’s Project with a Catalytic Touch
A team of 2,000 strong sales professionals is all set to embark on a momentous journey with Sun Group at Cat Ba.
On the morning of February 21, 2025, in Hai Phong City, nearly 2,000 real estate agents descended on the “Green Era Activation” event, introducing the Green Island Central Bay City project. The prime location and sustainable development philosophy of this first-ever Sun Group real estate project on Cat Ba Island energized the real estate team, ready to take on a new era of green living.
The Elusive Entrepreneur Behind the Spiritual Holiday Destinations that Captivate Hundreds of Thousands Every Lunar New Year
The enigmatic entrepreneur, the mastermind behind numerous monumental projects and ventures, prefers to remain in the shadows, shunning the media spotlight.
The Tech Game of Tycoon Pham Nhat Vuong: A Year in Review – A Tale of Twin Robot Companies and the Future of VinAI.
“Billionaire Pham Nhat Vuong’s Vingroup made headlines in 2024 with several notable divestment deals. The group divested from Vincom Retail and VinBrain, among other strategic moves, marking a significant shift in their business strategy and creating a buzz in the business world.”
“Accountability of Leaders in Expediting Public Investment Capital Disbursement”
The 2025 capital investment plan encompasses an increase of 878,316.2 billion dong in the allocation of funds from both the Prime Minister’s plan and local balanced budgets.
