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The City of Golden Opportunities: Unlocking a Province’s Potential with 9 Prime Land Parcels, Expected to Generate a Minimum of 10,000 Billion VND

14 August, 2024

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Ba Ria-Vung Tau province plans to auction 9 land plots
The province aims to develop based on its urban areas

Ba Ria-Vung Tau Newspaper cited information from the Department of Natural Resources and Environment of Ba Ria-Vung Tau, stating that the People’s Committee of the province has approved and announced 9 land plots to be auctioned in 2024.

Accordingly, Ba Ria-Vung Tau province will auction land use rights for 9 land plots. Of these, Vung Tau city has 5 plots, including: The old Du Lich Market plot; A 13.8-hectare plot at Mui Nghinh Phong; A plot reclaimed from Vung Tau International Medical Initiative Joint Stock Company; A 76.7-hectare urban area on 3/2 Road; And a 1.4-hectare plot (Green Prawn).

Long Dien district has 3 plots to be auctioned, including a 0.68-hectare plot reclaimed from Thanh Chi Joint Stock Company; A 0.71-hectare plot reclaimed from Long Hai Seafood Warehouse; And a 1.11-hectare plot reclaimed from Vietnam Sugarcane and Sugar Corporation II. All 3 plots are planned for commercial, service, or tourism purposes.

The old Du Lich Market land plot (Vung Tau city) is one of the sites to be auctioned in 2024. Image: BRVT Newspaper.

The last plot, located in Phu My town, covers an area of 1.7 hectares and is planned for a medical facility to realize a 200-bed general hospital project.

According to the provincial Department of Natural Resources and Environment, the 9 land plots, organized by the provincial Land Development Fund Center, have been approved for land use planning in 2024 and have met the requirements for national defense, security, and legal conditions regarding land, planning, and infrastructure connectivity.

It is expected that after the successful auction, the land plots will bring in more than VND 10,000 billion to the local budget, based on temporary calculations using the provincial land price frame for the 2020-2024 period.

Ba Ria-Vung Tau will have a series of urban developments

According to the Master Plan for Ba Ria-Vung Tau province for the period of 2021-2030, with a vision towards 2050, by 2030, the province aims to develop comprehensively and become one of the key driving forces for the growth of the Southeast region, serving as a national marine economic center and ranking among the top 5 localities in the country in terms of marine economic development. Furthermore, by 2030, it aims to essentially meet the criteria to become a centrally governed city, featuring a multi-center urban structure and a multi-modal transportation infrastructure.

Additionally, the province aims to maintain its position in the top 10 localities in terms of GRDP scale and total state budget revenue; promote harmonious economic growth alongside social progress, improved living standards, and environmental protection; efficiently manage and utilize resources; adapt to climate change and sea-level rise; and ensure national defense and security while firmly safeguarding sovereignty and territorial integrity.

Ba Ria-Vung Tau aims to become a centrally governed city.

During the 2023-2025 period, Long Dien district and Dat Do district will be merged into a single administrative unit. It is expected that 9 commune-level administrative units will be rearranged by merging An Nhut, An Ngai, and Tam Phuoc communes in Long Dien district; merging Phuoc Trung and Phuoc Hiep wards in Ba Ria city; merging Phuoc Hoi and Loc An communes, and Long My and Phuoc Hai town in Dat Do district.

In the 2026-2030 period, it is anticipated to adjust the administrative boundaries between Ba Ria city and the new Phu My city, taking into account historical traditions, geographical location, natural conditions, and ensuring that both units meet the standards for area and population as stipulated.

By 2030, Ba Ria-Vung Tau aims to essentially meet the criteria to become a centrally governed city, playing a pivotal role in the development of the Southeast region. The prospective city is envisioned to meet the criteria of a centrally governed city of the first category, comprising the urban areas of Vung Tau, Ba Ria, Phu My, Long Dien, and Long Hai.

The plan also involves developing and modernizing satellite towns, serving as development nuclei that drive and create a spillover effect on the growth of suburban and coastal areas, as well as rural regions. These include 8 towns of the fifth type: Ngai Giao, Kim Long, Hoa Binh, Phuoc Buu, Binh Chau, Ho Tram, Dat Do, and Phuoc Hai, along with a marine and island eco-town (Con Dao).

After 2030, it is intended to upgrade two towns, Ngai Giao and Phuoc Buu, from the fifth type to the fourth type, and develop two new towns of the fifth type, Cu Bi and Suoi Nghe, in Chau Duc district.