The Government Office, in collaboration with the Ministry of Construction, recently held a press conference in Hanoi to provide information on the preparations for the inauguration and groundbreaking ceremony of projects and works to celebrate the 80th National Day (September 2, 1945 – September 2, 2025).
Minister-Chairman of the Government Office Tran Van Son, Spokesperson of the Government, said that to celebrate the 80th anniversary of the August Revolution’s success and the National Day of the Socialist Republic of Vietnam (September 2, 1945 – September 2, 2025), the Government decided to organize the simultaneous online inauguration and groundbreaking of about 250 projects and works at 80 locations nationwide on the morning of August 19, 2025.
Out of the 250 projects and works, there are 8 national important projects, 46 Group A projects, 155 Group B projects, and 41 Group C projects, with a total investment of VND 1,280,000 billion.
Among them, there are 5 FDI projects with a total investment of about VND 54,000 billion. One of these five projects is the Smart City project invested by Hanoi North Smart City Development Investment Joint Stock Company. This is a joint venture between BRG Group (Vietnam) and Sumitomo Group (Japan).
The project is divided into five phases and is expected to be completed in the fourth quarter of 2032. According to the investor, this $4.2 billion project will feature a new-generation CityOS service system with six smart solutions in energy, mobility, management, life, health – learning, and economy.
The project will include a 108-story financial tower, dozens of mixed-use office and apartment buildings, and hundreds of villas and townhouses. The 108-story financial tower is considered the centerpiece of the project. With a height of up to 639 meters and a land area of 133,000 m2 (construction density of nearly 23%) – upon completion, this building will become one of the tallest towers in Vietnam and Southeast Asia, with a population of over 25,700 people.
The Hanoi North Smart City project was initiated in October 2019 but faced some difficulties and obstacles, preventing its implementation until now. In the first half of 2025, the investor of the Hanoi North Smart City project paid nearly VND 10,000 billion in land use fees.
In Thanh Hoa province, there are two projects, one of which is eligible for groundbreaking: WHA Smart Technology Industrial Zone Infrastructure Investment and Development Project – Thanh Hoa, invested by WHA Industrial Zone Thanh Hoa Joint Stock Company, with a scale of 178.51 ha and a total investment of VND 1,320 billion. This project aims to build and operate a new-generation industrial park infrastructure.
The other project eligible for inauguration is the Radial Car Tire Manufacturing Factory of Cofo Vietnam Tire Joint Stock Company in Zone B, Bim Son Industrial Park, with an area of 32.5 ha and a total investment of VND 1,493 billion. The factory has two production lines: the PCR line produces about 2,800 semi-steel car tires per day (equivalent to 800,800 products per year), and the TBR line produces about 560 all-steel truck and passenger car tires per day (equivalent to 160,160 products per year).
The remaining two projects that will be inaugurated and groundbreaking on August 19 are the Smart Speaker, Headphone, and Electronic Device Manufacturing Factory of Tonly Vietnam Electronic Technology Joint Stock Company in Dong Nai Industrial Zone, Quang Ninh province, and the Food Factory of PepsiCo Vietnam in Quang Ninh.
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“Access to land resources is a pressing issue for the majority of small and medium-sized enterprises, as well as startups. “
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