According to Quang Ninh Newspaper, on November 11, 2025, Comrade Vu Dai Thang, Member of the Party Central Committee, Secretary of the Provincial Party Committee, and Head of the Provincial National Assembly Delegation, along with leaders from the Provincial People’s Committee and relevant departments, conducted an on-site inspection of the progress of the Ha Long Xanh Complex Urban Area Project.
The project spans a vast area of 4,100 hectares, extending across Tuan Chau Ward (approximately 1,000 hectares) and Ha An Ward (over 3,100 hectares).
As of the inspection date, land clearance efforts have yielded positive results. In Tuan Chau Ward, land clearance has been fully completed, and the entire site has been handed over to the investor. In Ha An Ward, land clearance has reached 81% (equivalent to more than 2,573 hectares), with local authorities expediting the completion of compensation records and plans for the remaining area.
On the handed-over land, the investor, Vingroup, is actively undertaking land leveling and commencing construction of the first technical infrastructure components.
Comrade Vu Dai Thang, Member of the Party Central Committee, Secretary of the Provincial Party Committee, and Head of the Provincial National Assembly Delegation, inspects the Ha Long Xanh Complex Urban Area Project in Tuan Chau Ward.
During the working session, Secretary of the Provincial Party Committee Vu Dai Thang emphasized the immense significance of the Ha Long Xanh Complex Urban Area Project for Quang Ninh’s socio-economic development. He directed the Provincial People’s Committee to instruct relevant departments and Ha An Ward to finalize land clearance for the remaining area as soon as possible and coordinate closely with the investor to complete land handover procedures on the ground.
The dual objective is to ensure all conditions are met for the project to break ground on December 19, 2025.
Vingroup Invests $18 Billion in Ha Long Xanh Project
Alongside accelerating infrastructure development and land clearance, Vingroup (stock code: VIC) has adjusted project details, making Ha Long Xanh the largest investment in the corporation’s history.
The total investment has been significantly increased to VND 456,639 billion, equivalent to nearly $18 billion.
Vingroup plans to mobilize 85% of the capital from credit institutions and other legal sources, with 15% contributed by investors.
Upon completion, the Ha Long Xanh Urban Area is expected to supply over 55,000 units, including apartments, condotels, shophouses, villas, and hotels, with a projected population of more than 244,000 residents.
Rendering of a zone within Vingroup’s Ha Long Xanh project.
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