On August 19, approximately 230 projects and investments will be launched and inaugurated to celebrate the 80th anniversary of the National Day of the Socialist Republic of Vietnam (September 2, 1945 – September 2, 2025).
Among these, Vingroup Joint Stock Company (code: VIC) stands out with a series of large-scale projects, including urban areas, industrial parks, and transportation infrastructure. The total investment capital for these projects amounts to VND 164,500 billion, equivalent to US$6.3 billion.
Specifically, in Bac Ninh, a consortium led by Vingroup will officially develop the new urban area in the northwest of Bac Ninh City.
The investment consortium comprises Vingroup Joint Stock Company, Thanh Binh Trade Investment Consulting Company Limited, New Life Real Estate Investment and Development Company Limited, and Phu Tho Land Joint Stock Company.
This project covers an area of nearly 270 hectares in Hoa Long Ward, Bac Ninh City (now known as Kinh Bac Ward). The total investment capital for this project exceeds VND 41,270 billion.
The Vingroup-led consortium will execute the project over seven years. The first year will be dedicated to the implementation, appraisal, and approval of the detailed 1/500 plan and the project’s feasibility report.
In Ha Tinh, the Vinhomes Vung Ang Industrial Park, owned by Vinhomes Ha Tinh Industrial Park Investment Joint Stock Company (a subsidiary of Vingroup), is also a key project selected for inauguration during this period.
The project has a land area of 964 hectares and a total investment capital of over VND 13,276 billion. It is located in the central area of CN4 and CN5 in Vung Ang Economic Zone.
The project has a duration of 70 years, starting from the date of approval of the investment policy and the selection of the investor.
Currently, more than 60 hectares of land have been cleared, ensuring the conditions for the groundbreaking ceremony.
This site will manufacture components and spare parts for VinFast factories and the electric car industry in general.
In Tay Ninh, the new Phuoc Vinh Tay urban area project has been chosen as a key project to be inaugurated during the celebration of the 80th anniversary of the National Day of the Socialist Republic of Vietnam (September 2, 1945 – September 2, 2025).
The Phuoc Vinh Tay new urban area project covers an area of nearly 1,090 hectares in Phuoc Vinh Tay commune, Can Giuoc district, in the former Long An province (now Tay Ninh province). The project has a total investment of about VND 90,000 billion (equivalent to over US$3.5 billion) by the Vinhomes – VIG joint venture.
The Phuoc Vinh Tay new urban area, with an area of 1,089.6 hectares, will provide 7,050 adjacent houses, nearly 8,200 villas, 13,440 social housing units, and 2,370 low-rise resettlement houses. The population scale is expected to accommodate nearly 90,000 people.
Finally, the North-South Expressway, Western Section, Gia Nghia (Lam Dong) – Chon Thanh (Dong Nai) route, will be inaugurated on August 19, 2025.
The project is invested by a consortium of Vingroup Joint Stock Company and Techtra Infrastructure Investment and Development Joint Stock Company. The total investment capital for the project is VND 19,965 billion, of which the investor contributes VND 12,134 billion (excluding VND 989 billion in loan interest) and the state capital is VND 6,842 billion.
The North-South Expressway, Western Section, Gia Nghia – Chon Thanh route is over 124km long. In the first phase, the project is designed with four lanes and an expected speed of 100-120km/h, divided into five sub-projects.
The project is expected to be implemented during 2025 – 2027, with a maximum capital recovery period of 29 years and eight months. The milestones and payment ratios will be specified in the PPP contract.
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