The investor is Ninh Khanh Land Development JSC. Ninh Diem 1, spanning 241.5 hectares, is designated as an eco-industrial park. The project is located in Dong Ninh Hoa Ward and Bac Ninh Hoa Commune, Khanh Hoa Province. With a total investment of VND 2.835 trillion, the investor contributes VND 450 billion, while the remainder is raised through other sources. The project’s operational term is 70 years, and its implementation must be completed within 36 months from the date the investor receives land allocation or lease from the state.
Ninh Khanh Land Development JSC was established in August this year, initially named NDKH Industrial Park Investment and Development JSC, headquartered in Nha Trang Ward, Khanh Hoa Province. Its primary business activities include investing in and developing industrial parks, urban residential areas, tourism and entertainment complexes, IT infrastructure, commercial centers, and office buildings. The company also leases land with completed infrastructure, rents or sells factory buildings, trades in residential properties, and leases warehouses. Its chartered capital is VND 450 billion, with Shinec JSC holding 51%, Ms. Hoang Thi Loan 24.5%, and Mr. Pham Dang Hai 24.5%. The company is led by Mr. Nguyen Huu Tu (born in 1995) as CEO and legal representative.
On November 10, the company rebranded to its current name, Ninh Khanh Land Development JSC.
In early December, Shinec increased its chartered capital to VND 1,212.5 billion. The company has two legal representatives: Mr. Pham Hong Diep, Chairman of the Board, and Mr. Nguyen Hai Lam, CEO.
Shinec is the developer of several major projects, including the Nam Cau Kien Industrial Park (over 263 hectares in Hai Phong), Nhat 1 Industrial Cluster (75 hectares in Lao Cai), and Dam Ha B Industrial Cluster (over 60 hectares in Quang Ninh).
In addition to Ninh Khanh Land Development JSC, Shinec also owns An Tho Investment JSC. This company is the investor behind the 50-hectare An Tho Industrial Cluster in Hai Phong, slated to break ground in December this year. An Tho Investment JSC has a chartered capital of nearly VND 151 billion, headquartered at Shinec JSC’s office, and is led by Mr. Thai Thanh Nhan (born in 2000) as Director and legal representative.
List of Shinec’s projects featured on their website.
|
– 09:22 16/12/2025
Halong CAN Invests Over 166 Billion VND in New Hai Phong Factory
CAN shareholders have approved the re-leasing of a 20,000 m² (2-hectare) land plot in the Nam Dinh Vu Industrial Zone (Zone 1), Dong Hai Ward, Hai Phong. The lease term extends for 34 years, until 2059, with an estimated total rental value exceeding 68 billion VND.
Reclaiming Nha Trang’s Prime 8,000m² Beachfront Land
The People’s Committee of Nha Trang Ward, Khanh Hoa Province, announces the reclamation of the 70 Tran Phu land plot, spanning over 8,000m². This site was formerly the headquarters of Khanh Hoa Radio and Television Station.
11 Investors Poised to Acquire 125 Million Individual Shares of Phuoc An Port
Phước An Port is set to offer 125 million private placement shares to 11 individual investors at a price of VND 13,610 per share, which is half the current market price of PAP stock.
Appointing Key Personnel in Hà Tĩnh Province, Khánh Hòa Province, and Huế City
On November 29, 2025, Prime Minister Phạm Minh Chính signed and issued decisions approving the election results and relieving the positions of Chairman and Vice Chairman of the People’s Committees of Hà Tĩnh Province, Khánh Hòa Province, and Huế City.
Billionaire Pham Nhat Vuong Continually Invests in His Homeland: From Industrial Zones and Electric Vehicle Factories to an $8.9 Trillion VND International Port Project
The Son Duong International Port project is spearheaded by Vinhomes Ha Tinh Industrial Zone Investment Joint Stock Company, a subsidiary of Vingroup.
