On June 20, the Department of Construction granted a construction permit to Xuan Thien Nam Dinh Joint Stock Company to develop technical infrastructure for the Xuan Thien Nam Dinh Green Steel Factory No.1 project in Nghia Hai, Nghia Thanh, and Nghia Lam communes (Nghia Hung district).

The project is classified as a first-class industrial construction. The permitted infrastructure items include land leveling, transportation roads, water supply systems for daily use and production, and electricity systems…

Regarding land, the Provincial People’s Committee issued a decision on June 19, 2025, allowing Xuan Thien Nam Dinh Joint Stock Company to lease land in the aforementioned communes for the project’s first phase.

The construction permit is valid for 12 months from the date of issuance. If construction does not commence within this period, procedures for an extension request must be carried out.

Project Complex Location

It is known that the Xuan Thien Project Complex in the Green Island area spans 425 hectares and boasts a total investment of nearly VND 100,000 billion (approximately US$4 billion).

The complex comprises three projects: Xuan Thien Nam Dinh Precast Concrete Component Factory, Xuan Thien Nghia Hung Green Steel Factory, and Xuan Thien Nam Dinh Green Steel Factory No.1.

Among the trio, the Xuan Thien Nam Dinh Green Steel Factory No.1 stands out as the largest project, occupying nearly 285 hectares with an investment of VND 88,000 billion.

Second is the Xuan Thien Nghia Hung Green Steel Factory, spanning nearly 84 hectares with an investment of VND 10,000 billion.

Lastly, the Xuan Thien Nam Dinh Precast Concrete Component Factory, which broke ground in November 2022, covers nearly 58 hectares. With a capacity of 350,000 tons/year and an investment of VND 900 billion, the project is expected to be operational by Q3 2026.

Project site panorama (photo taken in October 2024)

Upon completion and operation, these projects are expected to create direct employment for approximately 16,200 workers, mainly technical laborers, as well as numerous indirect jobs through the development of service sectors and ancillary industries.





On average, the company of billionaire Pham Nhat Vuong invests a billion USD every two years in projects in this city

Since 2016, Hai Phong has continuously received projects from Vingroup’s ecosystem. As a result, a new large-scale project has been implemented on average every two years.

You may also like

The Port City’s Prestige: A Multi-Billion Dollar Urban Development Project in Hai Phong

“The residents affected by the land retrieval for the two key projects are of utmost importance to the city’s infrastructure development and interregional transportation connections. This development will undoubtedly shape the future of the city and bring about positive change for its residents.”

“Breaking: A Historic Transformation Unveiled for Haiphong’s Millions”

This is a significant event for Haiphong, a vibrant city with a rich cultural heritage and a thriving business scene.

“VHS Group’s Southern Expansion: Broadening the Real Estate Distribution Map in 2025”

VHS Group, a leading real estate agency and trusted partner of renowned developers such as Vinhomes, Masterise Homes, and MIK Group, is proud to announce its expansion into Southern Vietnam, marking its inaugural foray into the vibrant market of Long An with the prestigious Vinhomes Green City project.

“Billionaire Pham Nhat Vuong Contributes Millions of VIC Shares to Boost VinSpeed’s Capital”

“Following the transfer of Mr. Vuong’s entire shareholding in VinEnergo, which amounted to 105.6 million shares, representing 2.72% of Vingroup’s charter capital, a new era of opportunity awaits.”

The Billionaire’s Bet: Unveiling the Secret Behind a Tycoon’s Consistent Investments in the City of Dreams

Since 2016, Hai Phong has been a bustling hub for Vingroup’s ecosystem of projects. With a new large-scale venture launched approximately biennially, the city has witnessed a transformative journey.