The Ultimate Urban Sanctuary: Unveiling the Progress of the $600 Million Dong An Tay Project in Ho Chi Minh City

The Dong An Tay urban project, located in Tay Nam and Phu An wards, Ho Chi Minh City, is a prestigious development by Dong An Tay Investment and Development Company Limited.

0
24

Project location. Source: EIA Report

The Dong An Tay urban area spans 288.84 hectares, comprising approximately 73.46 hectares of residential land (25.43%), 17.96 hectares allocated for educational institutions (6.22%), and 43.23 hectares dedicated to commercial and service purposes (14.97%). The remaining land is designated for cultural and healthcare facilities, green spaces and water bodies, technical infrastructure, and parking areas.

The residential component includes 1,757 terraced houses, 1,640 villas, and 680 resettlement houses.

With an estimated total investment of nearly VND 13.6 trillion, the project entails an implementation cost of over VND 9.9 trillion, while nearly VND 3.7 trillion is allocated for compensation, support, and resettlement. The investors, a joint venture between Lan Anh – Phu Quoc Company Limited and Mat Troi Ha Long Company Limited, will contribute more than VND 2,035 billion, with the remaining funds sourced through capital mobilization.

Designed to accommodate a population of 14,300 people, the project is expected to be completed within 12 years from the date of approval of the investor selection or acceptance of the investor.

Strategically located near the Saigon River, the Ring Road 4, and the An Tay総合port as per the planning orientation, the project site facilitates convenient connectivity to other provinces in the key southern economic region through road and waterway networks.

In terms of environmental sensitivity, according to the EIA Report published in August 2025, the project entails converting approximately 182.1 hectares of rice cultivation land and resettling approximately 230 households.

The project received investment approval on July 12, 2024, and the detailed 1/500 planning was approved in June 2025.

Dong An Tay Investment and Development Company Limited, established in October 2024, serves as the legal entity for the investors. With a charter capital of VND 2,035 billion, equivalent to the required investment contribution, Lan Anh – Phu Quoc holds an 85% stake, while Mat Troi Ha Long contributes 15%. Ms. Vu Hoai Trang serves as the General Director and legal representative of the company.

Ha Le

– 08:40 18/08/2025

You may also like

A Profitable Retreat: TIG Eyes Exit from Hungarian Subsidiary After Q2 Profits Plummet Nearly 90%

The Thang Long Investment Group JSC (HNX: TIG) has announced its decision to divest its entire stake in real estate firm REG in Hungary. This move comes amidst a sharp decline in second-quarter profits, plunging nearly 90% from the previous year’s figures to just over $3.3 million.

“VinaCapital-VESAF Fund Targets Mid-Small Cap Equities”

In the latest update report by VinaCapital-VESAF, the fund revealed that the VN-Index witnessed an impressive 18.6% growth in the first seven months of 2025. However, approximately 60% of this growth is attributed to stock groups associated with the Vingroup conglomerate and GELEX. These two stock groups have never been among the fund’s large investment portfolios.

The New Industrial Revolution: Unveiling the Northwest Hoa Xa Industrial Park – The Epicenter of Investment in North Central Vietnam

On August 19, 2025, the groundbreaking ceremony for the Tay Bac Ho Xa Industrial Park Infrastructure Investment and Business Project (Tay Bac Ho Xa Industrial Park) took place in Vinh Linh district, Quang Tri province. This event marked a significant turning point in the province’s journey towards sustainable industrial development post-merger.

The VN-Index is Projected to Reach 1,750 Points: Top 10 Potential Opportunities to Ride the Year-End Rally

The names on this list predominantly belong to the banking, securities, and real estate industries, among others.

A Vietnamese Stock Exchange-listed Company Bets Big on Digital Assets, Sending its Stock Price Soaring by Threefold Since the Start of the Year

In an increasingly digital world, investing in digital assets has become a global trend, and Vietnam is no exception. With the recent legalization of digital assets in the country, the popularity of this new investment avenue is only expected to grow.