Vietnam Investment, Construction, and Trading Corporation (CTX Holdings) recently announced its decision to transfer the ownership of a prominent real estate project. In a formal disclosure to the State Securities Commission of Vietnam (SSC) and the Hanoi Stock Exchange (HNX), CTX Holdings revealed that it has entered into a contract with Viet Minh Hoang Real Estate Investment and Construction Joint Stock Company (Viet Minh Hoang) for the transfer of the entire project located in the heart of the former Cau Giay District, Hanoi.
The contract, signed on July 23, 2025, with the reference number 01/2025/CNDA/CTX-VMH, pertains to the construction of a complex comprising a commercial center, apartments, and office spaces in lot A1-2 of the new Cau Giay urban area. The project, known commercially as Constrexim Complex, spans approximately 2.5 hectares and boasts a prime location with frontage on three sides, offering easy access to Ring Road 3, Xuan Thuy, and Tran Quoc Vuong streets.
Constrexim Complex: A Visionary Project in the Heart of Hanoi
Once completed, Constrexim Complex is set to become a landmark destination, featuring five majestic towers ranging from 38 to 45 stories in height. The project was envisioned to be a vibrant hub, seamlessly blending commercial, residential, and professional spaces. However, with the recent transfer of ownership, the future development plans and design concepts may undergo revisions to align with the new owner’s vision.
Viet Minh Hoang, the new owner of Constrexim Complex, was established in April 2010 and is headquartered at Platinum Residences, 6 Nguyen Cong Hoan, Hanoi. Their latest registered charter capital adjustment, made on July 25, 2025, sets their charter capital at VND 3,480 billion. Mr. Bui Van Thanh, born in 1943, serves as the legal representative of the company.
The Ultimate Guide to the “First Place in Hanoi to Ban Gasoline Vehicles Before Citywide Rollout”
The local authorities of Hanoi’s Cua Nam Ward have refuted claims that it is the “first neighborhood to pilot a ban on gasoline vehicles before a wider rollout.”
“Vietnam’s FDI Appeal Remains Unshaken by Tariff Turbulence”
Although the US administration has tweaked some tax policies amid escalating trade tensions with China, foreign direct investment (FDI) into Vietnam, particularly in high-tech and ancillary industries, has not witnessed significant changes. Experts attribute this stability to Vietnam’s enduring competitive advantage in the global supply chain, which transcends the short-term effects of international tax policies.
The Super Bridge: A $520 Million Dollar Project to Rapidly Cross the Hong River, Tendering Soon with Construction to Commence on a Significant Date, Bringing Joy to Millions in Hanoi and Hung Yen.
The tender process for the largest package of the Ngọc Hồi Bridge construction project and its approach roads is now underway.
Establishing Hanoi’s Land Development Fund with a Chartered Capital of VND 6,000 Billion
The Hanoi Land Development Fund, with a charter capital of VND 5,900 billion, is a non-budgetary governmental financial fund that is non-profit in nature and directly managed by the Hanoi People’s Committee.
The Ultimate Guide to the Van Cao – Hoa Lac Metro Line: Unveiling the Vinhomes Mega-City and Hanoi’s Second Tallest Tower
The upcoming Metro Line 5, also known as the Van Cao – Hoa Lac route, is set to commence construction in just over four months. This exciting development will not only improve transportation convenience but also serve as a potential infrastructure catalyst for the surrounding real estate landscape.
