Hai Phong prioritizes investment in 32 key transport projects in the 2026-2030 period
On June 10, the Standing Committee of the Hai Phong City Party Committee met to agree on a list of 32 key transport projects for the 2026-2030 period and investment policies for a number of projects.
According to the report of the representative of the City People's Committee's Party Committee, in the period of 2026 - 2030, the city has a total of 32 transport projects, key projects that need to be prioritized with a total estimated investment of about 193.112 billion VND. During the implementation of projects, in addition to public investment capital, the Party Committee of the City People's Committee will direct the study of investment in the form of PPP (BT, BOT...) and other sources to ensure the ability to balance capital sources of the city budget.
The Party Committee of the City People's Committee also reported on the adjustment of the investment policy for the Ring Road 2 Construction Investment Project, Tan Vu - Hung Dao - Bui Vien route. See more...
Da Nang auctions gold lot related to Phan Van Anh Vu case in July
On May 9, information from the office of the People's Committee of Da Nang City, Khai Bao Joint Stock Auction Company announced the organization of an online auction of land use rights for the land plot at 16 Bach Dang, Thach Thang Ward, Hai Chau District, Da Nang. The auction will start from 2:00 p.m. to 3:00 p.m. on July 10 (the auction time is taken according to the time agreed to be displayed on the online auction website).
The land plot at 16 Bach Dang has an area of 1,795m2, planned to be used for commercial and service purposes with a term of 50 years. The location of the land adjacent to Bach Dang and Tran Phu streets, along with existing works. The current status of the land has completed site clearance and technical infrastructure.
The planning allows the construction of 15-25 floors above ground and a maximum of 5 basements, with a maximum construction density of 80%. Approved functions include offices, luxury hotels, tourist apartments and other tourism services. The starting price for the land is more than 310 billion VND (excluding VAT and taxes and fees). The deposit to participate in the auction is 20% of the starting price. See more...
Ring Road 4 land prices are pushed up rapidly: Infrastructure leverage or price inflation tricks
Land prices in areas along the Hanoi Ring Road 4 increased sharply after only one year, posing many potential risks to short-term investors.
According to real estate experts, in the past 12 months, land prices in many areas along Hanoi Ring Road 4 have increased dramatically, in some places up to 50-70%. This is a clear sign of a "virtual fever" with many potential risks.
Many land plots with strong price inflation are actually still stuck in suspended planning, lack of infrastructure or are outside the urban development orientation in the short and medium term. The real value has not increased, but market expectations have been pushed too far.
Mr. Nguyen Anh Dung (residing in Me Tri, Nam Tu Liem, Hanoi) said that in 2024, he bought a plot of land in an alley about 3m wide in Tien Yen commune (Hoai Duc district) for 40 million VND/m2. Up to now, similar plots of land have been advertised for sale at prices of 60-70 million VND/m2. According to Mr. Dung, this price is mainly due to the effect of the Ring Road 4 project passing through the area. See more...
Ben Tre abolishes 20 urban area projects in the area
The People's Council of Ben Tre province has just issued a Resolution to abolish the resolutions of the Provincial People's Council on approving the policy of proposing investment projects for new urban areas in Ben Tre province.
According to this resolution, the People's Council of Ben Tre province has officially abolished 20 resolutions related to the investment proposal policy of 20 new urban area projects in many localities such as: Ben Tre city, Chau Thanh district, Binh Dai, Cho Lach, Mo Cay Bac and Mo Cay Nam.
In Ben Tre City, 11 projects have had their investment proposals canceled, including: An Thuan New Urban Area, Ben Tre New Urban Area - Ecological Urban Area (Eco' Park), My Thanh An New Urban Area, Dong Khoi New Urban Area, Phu Hung New Urban Area, New Urban Area South of Ben Tre City, Phu Nhuan New Urban Area, New Urban Area West of Ben Tre City, Ham Luong New Urban Area, Dong Phu Khuong New Urban Area and Binh Phu New Urban Area. See more...
