Vinhomes consortium builds new urban area of Cam Lam with capital of 285,267 billion VND
In June 2025, the People's Committee of Khanh Hoa province issued a decision approving the results of selecting investors to implement the Cam Lam New Urban Area project.
The name of the winning investor is Cam Lam New Urban Company Joint Venture. This consortium is headed by Vinhomes Joint Stock Company along with a number of other enterprises.
In March 2025, the Prime Minister issued a decision approving the investment policy for the Cam Lam New Urban Area project, Khanh Hoa province.
The project implementation location is in Cam Lam district and Cam Ranh city, with a land use scale of more than 10,350 hectares, a population of about 584,000 people, with the number of houses including: About more than 58,570 villas and townhouses; more than 9,820 apartments; more than 58,570 plots of land for villas and townhouses; more than 33,050 social housing units; 36-hole golf course.
The project has a total investment of about 285,267 billion VND; of which the cost of compensation and resettlement support is about 25,000 billion VND.
The project must change the purpose of forest use of more than 80 hectares. The project's operation period is 50 years from the date of the decision on land allocation, land lease decision, and land use purpose change decision. See more...
Land prices for rural plots increase sharply
The land market continues to record a clear price increase trend in many suburban districts of Hanoi and neighboring provinces in the first half of 2025, especially the segment of subdivided land in rural areas.
In Dong Anh (Hanoi), the land price has increased sharply after a series of positive information about infrastructure and urban planning. The plots of land plots separate some areas, an area of 50-70m2 in Vinh Ngoc commune is now sold at the price of 70-80 million VND/m2, an increase of more than 20 million VND/m2 compared to the beginning of the previous year. And in Xuan Canh commune, land near the large roads, there are places that record the price of up to 120-140 million VND/m2, thanks to benefits from the planning of Ring Road 4.
In Soc Son, land prices in communes near Noi Bai airport and the town center also fluctuated strongly. Land in Phu Lo commune with an area of 60-80m2 currently ranges from 30-40 million VND/m2, an increase of about 30% over the same period in 2024. In particular, at land auction points, the winning price in some places is up to 120 million VND/m2 - a price that was once considered "unreasonable" in this area.
The price fever does not stop in Hanoi. In Bac Ninh, where there are many large industrial parks, land plots with an area of 70-100m2 near VSIP, Yen Phong, Que Vo are currently being traded at prices ranging from 2 - 3.5 billion VND/plot. See more...
Quang Ngai will force the last household not to hand over land for the construction of a 1,500 billion VND project
On June 3, the People's Committee of Quang Ngai City held a press conference to inform about the situation of land acquisition, compensation, site clearance and the plan to enforce land acquisition for households that do not comply with the Tra Khuc River downstream dam project.
The Tra Khuc River downstream dam project was approved by the Provincial People's Committee in 2018, with a total investment of nearly 1,500 billion VND. To date, the People's Committee of Quang Ngai City has approved 4 compensation, support and resettlement plans, including 2 agricultural land compensation plans and 2 residential land compensation plans. More than 37 hectares of agricultural land have been reclaimed, with a total compensation value of more than 8 billion VND. All 115 households and 3 affected organizations have received compensation and handed over the site to the State.
At the meeting, the representative of the Management Board of Construction of Provincial Transport works (project investors) had specific information about the case of Mr. Tran Van Hoa's household, in An Phu village, Tinh An commune, Quang Ngai city - did not agree to receive compensation and hand over the ground to the State. Mr. Hoa asked the State to arrange resettlement land because he now has no other residence. However, according to regulations, Mr. Hoa is not in the case of a lot of resettlement when recovering agricultural land. The investor and local authorities have repeatedly mobilized and persuaded but Mr. Hoa has not agreed.
After completing the procedures according to the provisions of the law but the household still does not comply, the People's Committee of Quang Ngai City will organize the compulsory land recovery for Mr. Tran Van Hoa's household before June 20, 2025 to ensure the project's construction progress. See more...
Timelines for banning land acquisition in 2025 need to be noted
