The People’s Committee of Ba Ria-Vung Tau province has issued an urgent document to various departments, sectors, and the provincial police regarding a plot of land in Wards 10 and 11 of Vung Tau city, intended for the implementation of the “Urban Area on 3-2 Street” project.
According to the People’s Committee, recently, some social media platforms have featured advertisements for a “Super Vung Tau Beach Urban Project,” accompanied by conceptual images of the land in Wards 10 and 11, which has been earmarked for the 3-2 Street Urban Area project.
Previously, the provincial authorities had approved the investment policy for the 3-2 Street Urban Area project in Wards 10 and 11, with a land area of over 96 hectares, and a detailed 1/500 plan approved by the People’s Committee of Vung Tau city.
One of the project’s promotional images and booking advertisements on social media
The project aims to develop a commercial and tourism-oriented urban area, integrated with natural ecological spaces, reflecting the image of a smart and modern city, while adhering to the approved detailed planning and the province’s development orientation.
The project’s investment is estimated at nearly VND 35,000 billion, and the investor will be selected through a land-use right auction.
As of March 17, the provincial authorities are in the process of completing the necessary procedures in accordance with land laws, with the land-use right auction expected to take place in April 2025.
The People’s Committee clarified that the information and images circulated regarding the sale of the land in Wards 10 and 11 are inaccurate, as the land-use right auction has not yet taken place, and no investor has been selected.
To ensure transparency and prevent corruption, vested interests, and real estate market manipulation, the provincial authorities have instructed the Department of Agriculture and Environment to take the lead in publicizing information about the land, in collaboration with the Department of Science and Technology, the Department of Justice, and other relevant units.
Additionally, the provincial police have been tasked with investigating and reporting to the competent authorities for strict handling of organizations or individuals who spread inaccurate information that affects the real estate market and the province’s land-use right auction.
The Ultimate Investment Opportunity: 35,000 Billion VND for a World-Class Project in Vung Tau
The approved project encompasses a comprehensive development plan, catering to approximately 13,000 individuals. It boasts a harmonious blend of residential complexes and tourism-oriented leisure facilities, promising a vibrant and convenient lifestyle for its residents and visitors alike.
Why the Public Land Auction in Ba Ria – Vung Tau is Behind Schedule
In 2024, Ba Ria – Vung Tau province planned to auction off nine land plots, but so far, only one has gone under the hammer.
The Province’s Proposal: An Unprecedented Project. Will the Prime Minister Approve?
“Vietnam’s leading growth province is embarking on an unprecedented project, akin to the model implemented in the city of Danang. With a vision to pioneer a transformative initiative, the province aims to set a new benchmark, leveraging its thriving economy and dynamic landscape.”
The Prime Beachfront Plot: Unveiling Vung Tau’s Upcoming Commercial and Luxury Tourism Hub
The prime location of the former tourist market site, adjacent to the city’s main beach and just behind a luxurious 5-star hotel, makes it a highly desirable prospect. Its auction, slated for December, promises an exciting opportunity for prospective investors.
Reviewing Taxes and Fees for the ‘Three No’ Fishing Vessels
The Ba Ria – Vung Tau People’s Committee has requested that, by November 15th, the Provincial Tax Department reinforce their manpower to review and guide fishing boat owners through their tax declaration process. This will ensure that all necessary procedures, including the registration of the boats and the payment of the requisite fees, are completed before the issuance of the “three no” fishing boat registration certificates as per regulations.
