The city of Vinh Yen in Vinh Phuc province has successfully carried out a large-scale eviction, relocating 331 households and reclaiming 15.81 hectares of land for the development of the Hanoi-Lao Cai Railway Parallel Road project (southern route).
The agricultural land plots up for lease auction started with an impressive base price of 485 VND/m2/year. However, the winning bid soared to an astonishing 7,605 VND/m2/year, an incredible surge of over fifteen times the initial price.
The Suoi Cat tourist area, spanning over 32 hectares and boasting an investment of more than VND 622 billion, had a grand opening but now lies in ruins at the gateway to Phan Thiet City.