Hop Long Investment and Business LLC announces the Environmental Impact Assessment (EIA) report for the investment project in constructing and operating the infrastructure of Thinh Minh Industrial Park (IP).
The project was approved by the People’s Committee of Hoa Binh Province (formerly) in the 1/2000 construction zoning plan on June 13, 2025. Approximately two weeks later (June 27), the provincial authority approved the investment policy, concurrently endorsing the consortium of Thang Long Investment and Export-Import JSC (DragonGroup), Da Hop Trading JSC, and Hop Long Company as the project investors.
As agreed, the consortium’s official name for executing the project is Hop Long Investment and Business LLC. The project spans a total area of 429.5 hectares, located in Thinh Minh Commune, Phu Tho Province. The IP is situated approximately 8 km south of the Hoa Lac – Hoa Binh – Moc Chau Expressway, 5 km west of the Hoa Lac – Hoa Binh Expressway, and 20 km east of Ring Road 5.
Thinh Minh IP is envisioned as a multi-sector industrial park, attracting high-value manufacturing projects, supporting industries, construction, warehousing, factory rentals, logistics support, data centers, and ancillary services for the IP’s operations.
The total investment is VND 4,365 billion, with owner equity of nearly VND 655 billion, accounting for 15% of the total capital, and the remainder as loans. Specifically, Hop Long contributes 40%, Da Hop 36%, and DragonGroup 24%.
The project is divided into two phases. Phase 1 covers nearly 183 hectares, with construction expected to commence in Q2/2026 and complete in Q4/2030. Phase 2 spans over 246.5 hectares and will be implemented over 48 months. The projected labor demand is between 20,000 and 22,000 workers.
The residential area within the project includes 230 houses across more than 41 hectares, all part of Phase 2. During construction, these will be entirely demolished, with residents compensated and required to arrange new accommodations. Currently, the project site primarily consists of agricultural land for rice and crop cultivation, accounting for nearly 63%. The remainder includes production forests, water surfaces, rural villages, cemeteries, and internal roads.
Master plan of Thinh Minh Industrial Park
|
Who are the investors?
Hop Long Company was established in April 2024 in Phu Tho, with an initial charter capital of nearly VND 138 billion, where Da Hop Trading JSC contributed 60%, and the remainder by DragonGroup. As of mid-2025, the charter capital increased to VND 268.8 billion, with the capital contributors including Ms. Nguyen Thi Minh Hue (44.64%), DragonGroup (40%), and Da Hop (15.36%). The legal representative and Director is Mr. Nguyen Trung Duc.
DragonGroup was founded in 2009 in Hung Yen Province. Its current charter capital is VND 2,755 billion (updated in October 2025). Mr. Vu Ngoc Anh serves as the CEO and legal representative.
On its website, DragonGroup highlights its operations across three core sectors: industry, services and trade, and construction. In construction and real estate, the company’s notable projects include Thai Binh Dragon City (48 hectares, VND 1,140 billion), DragonHomes Eco City (over 31 hectares in Hung Yen, VND 1,715 billion), and DragonIZ Ha Tinh (over 194 hectares, VND 2,265 billion).
Da Hop Company was established in 2010, headquartered in Phu Tho, with Ms. Vu Thi Hop as the CEO and founding shareholder holding 99.98%. Its charter capital is VND 1,050 billion (updated in June 2025).
Da Hop is known as the developer of the Left Bank of Da River IP and the Tien Tien Industrial Complex in Hoa Binh Province (now Phu Tho). In June 2025, Da Hop was the sole bidder awarded the Minh Phu Eco-Urban Area project in former Hoa Binh Province, spanning over 87.3 hectares with an investment of more than VND 1,675 billion.
Previously, in 2022, Da Hop partnered with DragonGroup on a worker housing and industrial service project in Quang Tien Commune, Hoa Binh City. The total investment exceeded VND 478 billion, with investor equity of VND 100 billion, and Da Hop and DragonGroup contributing 70% and 30%, respectively.
Background of the Enterprise Winning the VND 1.7 Trillion Eco-Urban Project in Hoa Binh
– 11:23 02/01/2026
Berjaya Vietnam’s $2.5 Billion Mega Urban University Project Slated for Completion by 2035
{“id”:”2a6465e1-a136-4271-8067-254874adbcf0″,”message”:”You are using a Trial key, which is limited to 40 API calls / minute. You can continue to use the Trial key for free or upgrade to a Production key with higher rate limits at ‘https://dashboard.cohere.com/api-keys’. Contact us on ‘https://discord.gg/XW44jPfYJu’ or email us at [email protected] with any questions”}
Olympic Mega City: Vingroup’s Visionary Project Featuring eSports Arena, Golf Complex, and Thousands of Luxury Homes
Vingroup is set to revolutionize the urban landscape with its ambitious plans for the Olympic City development. The project includes the construction of a state-of-the-art eSports arena capable of seating tens of thousands of spectators, two championship-level 18-hole golf courses, and thousands of residential units ranging from luxury apartments to exclusive villas. This visionary initiative promises to blend world-class sports facilities with premium living spaces, creating a dynamic and vibrant community hub.
Massive $9.3B Resettlement Project for Gia Binh Airport: 3-Month-Old Developer Secures $43M Funding
Song Giang Infrastructure and Real Estate Development JSC is currently conducting an environmental impact assessment consultation for the resettlement project in service of the Gia Binh International Airport, with a total investment of over 21,000 billion VND.
Revolutionizing Waste-to-Energy: Khánh Hòa’s 3.2 Trillion VND Power Plant Project
Nestled in Suoi Dau commune, Khanh Hoa province, the Khanh Hoa Waste-to-Energy Plant spans nearly 10.9 hectares. The project’s location was officially approved by the Khanh Hoa Provincial People’s Committee under Decision No. 2041/QD-UBND, which also endorsed the adjusted investment policy and investor selection during the third revision on November 13, 2025. The investor behind this initiative is New City KH Joint Stock Company.
Gia Bình Airport Resettlement Project: A $9.3 Billion Venture Led by Established Enterprise
The Gia Binh International Airport Resettlement Project, implemented through a Public-Private Partnership (PPP) model under a Build-Transfer (BT) contract, is set to be compensated with a land fund exceeding 341 hectares. With a total investment of nearly 21.3 trillion VND, this initiative marks a significant step in infrastructure development and community relocation.
