Amid Vietnam’s rapid urbanization, leading real estate conglomerates are spearheading infrastructure development by investing heavily in connectivity. Proactively, they are financing bridges, roads, metro systems, and even airlines to enhance their projects, gain a competitive edge, and stimulate economic growth. Here are some notable examples of their ambitious endeavors.
Vingroup stands out with its self-reliant infrastructure strategy, investing billions of dollars to connect its Vinhomes megaprojects. A prime example is the Hoàng Gia Bridge in Hải Phòng, costing over VND 2.3 trillion and spanning nearly 2.2 km. Inaugurated on July 15, it reduces travel time from Vũ Yên Island to the city center to just 5 minutes, directly supporting the Vinhomes Royal Island urban area.
In metro development, Vingroup, through VinSpeed, has proposed a 48.5 km high-speed rail line from Ho Chi Minh City to Cần Giờ, with a budget of nearly $3 billion. Traveling at 350 km/h, the journey will take just 13 minutes, directly linking Vinhomes Green Paradise (Vinhomes Cần Giờ) to Saigon. Endorsed by the HCMC People’s Committee, construction is slated to begin by year-end, with completion expected in Q3 2028.
Similarly, a proposed high-speed rail line from Hanoi to Hạ Long, over 120 km long, will connect Vinhomes Cổ Loa to Vinhomes Hạ Long Xanh, with an investment exceeding $5 billion.
Sun Group focuses on luxury tourism, leveraging cable cars and aviation to connect remote projects. Their cable car systems, holding multiple world records in Phú Quốc, Cát Bà, and Đà Nẵng, have become iconic, enabling easy access to mountainous resorts and island destinations.
Notably, Sun PhuQuoc Airways, launched on October 15, 2025, with a capital of VND 2.5 trillion, aims to pioneer “resort aviation.” This initiative addresses high ticket prices, attracting visitors to Sun Group’s ecosystem on the island.
Đại Quang Minh (under THACO) is the “infrastructure king” in Thủ Thiêm, with the Ba Son Bridge (formerly Thủ Thiêm 2, costing VND 3.1 trillion and 1.4 km long, completed in 2022) and the Sala urban area road network. This reduces travel time from Sala to central Saigon to under 10 minutes, significantly boosting land values.
Recently, THACO proposed a 42 km rail line from Thủ Thiêm to Long Thành, with a total investment of $3.5 billion. If realized, this project will further elevate the value of Thủ Thiêm real estate, where THACO is headquartered and operates the Sala urban area.
Established in 1993, Phú Mỹ Hưng independently developed Nguyễn Văn Linh Avenue (the backbone of South Saigon), Kênh Tẻ Bridge, Ông Lớn Bridge, drainage systems, and parks for its namesake urban area. Transforming swampland into an affluent neighborhood, it was recognized as a model urban area in 2008.
Becamex IDC constructed roads, highways, and overpasses for the 1,000-hectare Bình Dương New City, transforming an industrial zone into a modern urban center.
A pinnacle achievement is the proposed extension of Metro Line 1 from Suối Tiên to Bình Dương (29 km, costing nearly VND 47 trillion) and the Bàu Bàng – Cái Mép logistics railway (127 km, VND 153 trillion, 160 km/h), connecting industrial zones to ports and attracting FDI. The HCMC People’s Committee has commissioned a study, with expectations for swift implementation.
This article includes AI-generated images.
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