The Quang Ninh People’s Committee announced on June 16 that Hai Dang Real Estate Investment Company was the winning bidder for the Monbay Van Don project, with a total investment of over VND 25.1 trillion.
Monbay Van Don is located in Ha Long, Van Don District, Quang Ninh Province. The project covers an area of over 299.6 hectares, including 279.5 hectares of land and 20.1 hectares of sea area. It is designed to accommodate approximately 3,000 guests per day and a resident population of about 9,800 people. The project is expected to be completed by the end of Q4 2030. The investment duration is 70 years, starting from the date the investor is granted land for the project.
Hai Dang Real Estate Investment Company, established in Hanoi in 2011, recently increased its charter capital from VND 980 billion to VND 3,930 billion in March 2025. HDMon Group Joint Stock Company holds 99% of the shares (with full authorization given to Mr. Nguyen Anh Tuan), while Ms. Pham Thi Hiep and Mr. Nguyen Van Thang each own 0.5%. Mr. Thang is the Chairman of the Members’ Council and legal representative of the company.
HDMon Group, founded in Hanoi in 2010, is also chaired by Mr. Thang, who is the legal representative. As of August 2022, the company’s charter capital was VND 3,750 billion.
In Hanoi, Hai Dang Real Estate Investment Company is the investor of Hai Dang City project in My Dinh 2 ward, Nam Tu Liem district, and Mai Dich ward, Cau Giay district. The project, branded as Mon City, spans an area of nearly 6.7 hectares and has a total investment of VND 5,650 billion.
 Mon City Project in Hanoi
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In Quang Ninh, Hai Dang Real Estate Investment Company holds a 49% stake in FPT Investment Joint Stock Company. Together, they established Quang Ninh Urban Development Joint Stock Company in 2015 with a charter capital of VND 6 billion. In 2019, the company changed its name to HDMon Ha Long Joint Stock Company, with Mr. Thang as its Chairman. As of mid-2022, the company’s charter capital exceeded VND 288 billion. This company is the investor of Mon Bay Ha Long project, which covers an area of nearly 18 hectares and has an investment of over VND 4 trillion.
Mon Bay Ha Long Project’s Perspective
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Thu Minh
– 2:41 PM, June 17, 2025
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