The Hung Yen Provincial People’s Committee is inviting investors for the An Vu Lake Urban and Service Complex project in Pho Hien Ward, Hung Yen Province, with an estimated total investment of nearly VND 8 trillion. The project spans approximately 58.7 hectares, featuring a prominent An Vu Lake Park with over 20 hectares of water surface and extensive green landscaping, serving as a central ecological space.
According to the master plan, the project includes various housing types such as adjacent houses, villas, high-rise apartments, and social housing, along with commercial, office, educational, healthcare, and synchronized urban infrastructure facilities.
The project operates under a socialization model, with a 50-year operational period from the land allocation date. It aims to create a modern urban area integrated with green spaces and water bodies, enhancing and expanding the central urban area of Hung Yen City.
Previously, the Hung Yen Department of Construction also announced the search for an investor for the Me So New Urban Area in Me So Commune. The project covers over 86 hectares with a total investment of more than VND 15.6 trillion.
In recent years, Hung Yen has emerged as a focal point in the Northern real estate market, thanks to a series of billion-dollar projects. Leading the way is the Ecopark Urban Area, spanning approximately 500 hectares with a total investment of up to USD 10 billion, currently the largest project in the province.
Simultaneously, Vinhomes has made a strong impression with two consecutive projects: Vinhomes Ocean Park 2 (460 hectares, USD 1.6 billion) and Vinhomes Ocean Park 3 (290 hectares, USD 1.4 billion), contributing to the formation of a major urban chain east of Hanoi.
Hung Yen’s real estate market is buzzing with projects from major developers.
Beyond Ecopark and Vinhomes, Hung Yen’s market will continue to thrive in 2025 with new projects. First is the Centerville Urban Area in Van Giang, invested by DCI, covering 50 hectares with a total capital of nearly VND 17 trillion. Next, Alluvia City by Xuan Cau Holdings is being developed on nearly 200 hectares with a capital of over VND 31 trillion. Notably, in Khoai Chau, the Trump International Hung Yen project, a collaboration between Trump Organization and Kinh Bac, is developing an urban, eco-tourism, and golf complex with a total capital of over VND 39 trillion.
Additionally, the province hosts several notable projects, including the A Subdivision of the Northern National Highway 5 Urban Area (Pho Noi) with nearly VND 35 trillion, the Kien Giang New Urban Area with nearly VND 9.7 trillion, the Tan Binh – Tien Phong New Urban Area by Eurowindow with over VND 8 trillion, and the Song An – Trung An Urban Area (Vu Thu) invested by DragonGroup with over VND 4.2 trillion.
According to One Mount’s Q4/2025 report, Van Giang, Hung Yen, plays a key role in supplying 61% of Hanoi’s apartment market, thanks to four large-scale projects consecutively launched and marketed. It also boasts the highest supply growth rate in a quarter, increasing 8.6 times compared to Q3/2025.
Four primary projects were launched with an average absorption rate of 78%. Units in these projects are priced between VND 60–70 million/m², approximately 62% of the average price in Hanoi’s inner city (~VND 109 million/m²).
With a substantial primary supply from major urban areas, Van Giang (Hung Yen) is expected to further increase its market share in both primary and secondary sales in the near future.
Vietnam’s Smallest Province Attracts Real Estate Giants Vingroup, Ecopark, Kinh Bắc, and More with Upcoming VND 15.6 Trillion, 86-Hectare Urban Development Project
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