Real estate 24h: Ba Ria - Vung Tau starts construction of a project worth over 1 billion USD

Khương Duy |

Hoa Binh converts 56 hectares of forest land into 3 projects; Ba Ria - Vung Tau starts a project worth over 1 billion USD... are notable news.

Hoa Binh converts 56 hectares of forest land to 3 trillion-dong projects

On May 15, the Office of the People's Committee of Hoa Binh province informed that in May 2025, the People's Committee of the province signed and issued decisions to convert forest use purposes for three major projects invested by Hoa Binh Sun Company Limited as follows:

The Cuoi Ha Eco-urban, High-class Entertainment and Cable Car System Complex Project, in Kim Boi and Cuoi Ha communes, Kim Boi district. The project converts 12.03 hectares of planted forest (adjusted outside the planning of three types of forests) to other purposes.

Xa Quy Hoa, huyen Lac Son, tinh Hoa Binh noi co 2 du an nghin ti dong. Anh: Minh Nguyen
Quy Hoa commune, Lac Son district, Hoa Binh province has 2 trillion-dong projects. Photo: Minh Nguyen

Thung Hill Eco-urban, Resort and Entertainment High-end Project, in Quy Hoa Commune, Lac Son District. The converted forest area is 29.06 hectares, which is also a planted forest with adjusted planning.

The Ho Kha premium hot mineral urban and resort project, also in Quy Hoa commune, Lac Son district, with a converted forest area of 14.93 hectares.

The total forest area converted through three projects is up to 56.02 hectares, mainly planted forests with the origin of planning as production forests, which have been adjusted outside the planning of three types of forests. See more...

Ba Ria - Vung Tau starts construction of a real estate project worth over 1 billion USD with an area of 35 hectares

On May 15, The Grand Ho Tram (Xuyen Moc district, Ba Ria - Vung Tau province) held a groundbreaking ceremony for a new subdivision with a total investment of over 1 billion USD.

The event was attended by Mr. Nguyen Van Nen - Politburo member, Secretary of the Ho Chi Minh City Party Committee; along with leaders of Ho Chi Minh City, Ba Ria - Vung Tau and Binh Duong localities; representatives of departments, agencies, enterprises...

Cac dai bieu tham gia nghi thuc khoi cong du an. Anh: Thanh An
Delegates attending the groundbreaking ceremony of the project. Photo: Thanh An

The new 35-hectare subdivision of The Grand Ho Tram includes a 5-star hotel system, resort villas, entertainment facilities, casino, international conference and exhibition center.... with more than 6,000 rooms, serving about 18,000 guests per day.

This is part of the overall project of 164 hectares, marking the next development step in the overall expansion strategy of The Grand Ho Tram; Contributing to raising the total investment capital of the project to more than 4 billion USD, the scale of 9,000 rooms, becoming the leading international resort in Southeast Asia. The event marks a strategic milestone in the journey to develop an international tourism complex in Vietnam. See more ...

Potential for real estate investment in the Capital Region after the merger

With a lot of room to break out, the Capital Region is expected to open up many opportunities for investors.

Vingroup proposes to study investment in the New Urban Area Project in Bac Ninh

The People's Committee of Bac Ninh province has just issued an official dispatch on considering the proposal of Vingroup Corporation - Joint Stock Company.

Official dispatch sent to the Departments: Construction, Finance, Agriculture and Environment; People's Committees of districts and towns: Thuan Thanh, Gia Binh, Luong Tai and Vingroup Corporation - Joint Stock Company.

Mot goc thanh pho Bac Ninh (tinh Bac Ninh). Anh: Van Truong
A corner of Bac Ninh city (Bac Ninh province). Photo: Van Truong

The document stated that the People's Committee of Bac Ninh province received a document dated April 29, 2025 from Vingroup Corporation - Joint Stock Company on the proposal to study investment in the New Urban Area Project in Gia Binh district, Bac Ninh province.

The Chairman of the Provincial People's Committee has the following opinion: Assigning the Department of Construction to preside over and coordinate with the relevant agencies to consider the proposal of Vingroup - Joint Stock Company in the above document; guide the Group to implement; advise and report to the provincial People's Committee as prescribed. See more ...

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Hoa Binh converts 56 hectares of forest land to 3 trillion-dong projects

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Hoa Binh The Provincial People's Committee has issued 3 decisions to convert the purpose of using more than 56 hectares of forest to implement projects with a total investment of thousands of billions of VND.