Two Projects Worth Over VND 19,000 Billion Have Found Investors
Ha Nam is located over 50km from Hanoi and is known as the southern gateway to the city, with several major transport routes passing through it, including National Highway 1A, the Cau Gie – Ninh Binh Expressway, and Ring Roads 3 and 4.
The Ha Nam People’s Committee recently announced the auction results for two urban areas in Duy Tien and Kim Bang districts. The winning bidders were Hung Huyen Trading and Services Co., Ltd. and Tuong Linh Real Estate Investment and Development Joint Stock Company, both based in Ha Nam province.
Hung Huyen Trading and Services Co., Ltd. won the bid for Tien Ngoai Urban Area in Duy Tien town. Established in February 2025, Hung Huyen has a charter capital of over VND 1,000 billion and is headquartered in Thanh Liem district, Ha Nam province. The company focuses on construction and real estate business activities.
Tien Ngoai Urban Area spans over 170 hectares (excluding land clearance area) and belongs to Tien Noi ward and Tien Ngoai and Tien Son communes in Duy Tien town.
The project is planned with over 58 hectares of residential land, 5.4 hectares of public land, 7.49 hectares for schools, 3.5 hectares for commercial and service purposes, 5.8 hectares of themed green space, 23.6 hectares of green space and water bodies, and over 47.4 hectares for transportation and parking. The expected population size is nearly 9,200 people.
The project has a total investment of nearly VND 5,200 billion , a 50-year operation duration, and is expected to be implemented from 2025 to 2032. It aims to build a modern and synchronous new urban area, contributing to the realization of the master plan for the development of Duy Tien town by 2030, with a vision towards 2050, while also aligning with the 1/2000 planning subdivision of the Phu Thu intersection area in Phu Ly city.
A glimpse of Ha Nam province.
Tuong Linh Real Estate Investment and Development Joint Stock Company won the bid for the Tuong Linh New Urban Area in Kim Bang town. The company was established in December 2018 and underwent a significant capital increase in March 2025, from VND 686 billion to VND 2,460 billion.
The project invested by Tuong Linh has a total investment of nearly VND 14,000 billion and is located in three administrative units: Tuong Linh ward, Tan Son ward, and Nguyen Uy commune. The new urban area covers an area of nearly 291 hectares, with an expected population of more than 27,300 people. The project has a 50-year duration and is expected to be completed by 2030.
According to plans, the project will materialize the orientations outlined in the master plan for the development of Kim Bang town by 2030, with a vision towards 2050, while also actualizing the 1/2000 planning subdivision of the urban, tourism, and service area in the west (PK5).
The goal is to create a modern living space and upgrade existing residential areas towards urbanization, developing technical infrastructure and urban landscapes in the western part of Kim Bang town in a synchronous and sustainable manner.
A New Dynamic Center in the Southern Red River Delta
According to the plan for the reorganization of administrative units in Ha Nam, Nam Dinh, and Ninh Binh provinces, the three provinces will merge to form Ninh Binh province, with its administrative center in Ninh Binh city.
As reported by Quan Doi Nhan Dan, the merger of the three provinces is not only a significant turning point in administrative organization but also opens up a strategic inter-regional development space, forming a new dynamic center in the Southern Red River Delta.
An intersection in Ha Nam province.
Currently, all three provinces of Ha Nam, Nam Dinh, and Ninh Binh have proactively shifted their growth models, focusing on developing new industries such as high-tech industries, digital economy, creative economy, circular economy, and heritage economy. However, the region still faces several significant challenges.
Firstly, the current administrative and geographical boundaries are becoming constrained, leading to market fragmentation, hindering regional connectivity, and limiting the ability to attract investment resources.
Secondly, the process of digital transformation and innovation lacks depth; the proportion of the digital economy in GRDP is still low, and the region has yet to establish R&D centers with regional reach and a clear strategic orientation for key industries.
Moreover, the area remains a “backwater” in the international logistics system, lacking deep-water ports and large airports, which significantly impacts its connectivity and global supply chain integration.
“In this context, the merger of the three provinces into a new province presents a historic opportunity to comprehensively restructure the growth model, unleash all resources, reorganize the development space, and strive for sustainable, comprehensive development and deep international integration, meeting the requirements of the new era after 40 years of renovation,” said Mr. Dang Khanh Toan, Secretary of the Provincial Party Committee of Nam Dinh.
The US-Vietnam Trade Relationship: Further Positive Signals from Exxon Mobil, Nike, and Walmart
Recent moves by corporations such as Exxon Mobil, Nike, and Walmart, coupled with signals from American politics, present an opportunity for enhanced economic collaboration. These developments also underscore Vietnam’s increasingly proactive and dependable role in the global supply chain.
The Billionaire’s Bold Move: Unveiling the Mystery Behind the $15 Billion Venture
The Vingroup conglomerate is set to develop two major projects in the picturesque province of Khanh Hoa: the Cam Ranh Bay Waterfront City, an impressive 85.3 trillion VND investment, and the new Cam Lam City, boasting a substantial investment of 260.2 trillion VND.
The Land Grab: Investors Flock to Cuchi and Can Gio
The rising land prices and sluggish liquidity have left many investors in a waiting game, as those who bought land in Cu Chi and Can Gio remain stagnant.
The Politburo Proposes a ‘5-Star’ Airport Investment in Gia Binh
The province of Bac Ninh is collaborating with the Ministry of Public Security and relevant agencies to propose to the Politburo a plan to invest in Gia Binh International Airport. With a vision to create a world-class airport, the project aims for a top 10 ranking in global airport beauty and modernity.
The High-Speed Rail Venture: Addressing Suspicions with a $100 Billion Vision
Mr. Vo Xuan Truong, Chairman of the Mekolor Investment Alliance and Great USD, has revealed ambitious plans for a high-speed rail project connecting the North and South of the country. With a staggering $100 billion in investment funds, Mr. Truong is determined to revolutionize interstate travel, promising a future of rapid, efficient, and comfortable transportation for all.
