5-star hotel project in Ba Dinh and 23 projects whose land is recovered and operations terminated

HOÀI ANH |

Hanoi - Hanoi City People's Committee has just announced the land acquisition and termination of operations for 24 investment projects using non-budget capital using slow-progress land.

The handling is carried out according to the direction of the Standing Committee of the City Party Committee and the Plan of the City People's Committee to definitively resolve slow-progressing projects and ineffective land use.

The City People's Committee assigned the Department of Agriculture and Environment and the Department of Finance to take the lead in completing the dossier, advising and submitting to the City People's Committee to carry out procedures for land acquisition and termination of project operations according to regulations, to be completed on May 31, 2026.

STTOrganization nameProject nameLocation
1Lien Chau Agricultural and General Service CooperativeRenting land annually, building a temporary slaughterhouse.Hong Ha Ward
2Hanoi Housing Investment and Development Joint Stock Company No. 6Project to invest in building houses in alley 102 Nguyen KhuyenAlley 102 Nguyen Khuyen, Van Mieu ward
3Constrexim Mechanical Construction and Trading Joint Stock CompanyBuilding markets and shopping centersHoa Lac commune
4International Human Resource Supply and Trading Joint Stock Company (SONA)Headquarters and Training Center for export workers;Land plot E2, Cau Giay New Urban Area, Cau Giay Ward
5College of Economics, Technology and EconomicsBuilding the College of Economics, Technology and EconomicsPhu Xuyen commune
6Dai Yen Trading and Service Investment Co., Ltd.Dai Yen Culture and Information Center for Community Health CareChuong My Ward
7Detesco Youth Building Joint Stock Company (Ho Chi Minh Communist Youth Union Central Committee).Thanh Nien Plaza high-rise buildingNgoc Ha Ward
8Phuong Vien Trade and Tourism Services Joint Stock CompanyThanh Lam residential areaQuang Minh commune
9Petroleum Company Region I - One Member Limited Liability CompanyThanh Xuan Petrol StationNoi Bai commune
10Duong Ha CooperativeProject to build a high-tech breeding and beef cattle farm Duong HaHat Mon Commune
11International Education Development CompanyEcological tourism area and garden villa projectYen Xuan commune
12Binh Minh Lighting Consulting Joint Stock CompanyFactory producing urban lighting electrical equipmentYen Xuan commune
13Consortium of Song Hong Corporation, Construction Joint Stock Company No. 1 and Golden Urban Investment and Development Joint Stock Company (Song Hong Corporation is the representative of the consortium)Project of Civil Servant Housing Area of the National Political Publishing House – TruthDong Ngac Ward
14Trade - Service - Investment Co., Ltd. Trade Union of Vietnam Bank for Industry and TradeCommercial transaction center, office and high-rise apartment building at No. 32 Alley 298 Ngoc Lam Street, Ngoc Lam Ward, Long Bien DistrictBo De Ward
15Bac Luong Son Infrastructure Development Investment Joint Stock CompanyPhase 2 of the Industrial Park ProjectYen Xuan commune
16Licogi 13 Joint Stock CompanyHousing area around Tay Dang town central marketQuang OaiCommune
17Telecommunications and Value Added Services Trading Joint Stock CompanyMixed-use building investment project, office introducing high-tech software productsPhu Dien Ward
18Housing Investment and Development Joint Stock Company No. 8Building workplaces and offices for rentThuong Cat Ward
19Institute of Mining and Metallurgy Industry ScienceHigh-rise office and housing complex projectO Cho Dua Ward
20Vinashin Hoa Binh Investment JSCVinashin CNC Industrial ClusterYen Xuan commune
21Hoang Yen Trading JSCBuilding garden villasYen Xuan commune
22Ky Hop Co., LtdFruit production for exportTung Thien Ward
23Indochina National Housing Organization Joint Stock CompanyBuilding houses to sell to officers and soldiers E16 (H56)- BCATu Liem Ward
24VIPTOUR - TOGI Joint Stock Company5-star hotelBa Dinh Ward

Previously, Vice Chairman of Hanoi People's Committee Nguyen Xuan Luu signed and issued Notice No. 396/TB-UBND on organizing the review and final handling of 341 non-budget capital projects using slow-progress land in the city.

According to the content of the notice, investors must urgently report in writing on the project implementation according to the outline.

The content of the outline that investors must report includes: The actual implementation situation of the project up to the time of reporting (investment progress, construction, site clearance, fulfillment of financial obligations...); legal procedures that have been implemented and still exist; difficulties and obstacles (clearly distinguishing objective and subjective causes); assessing the project implementation capacity of investors (financial capacity, capital mobilization capacity, implementation organization...); clarifying the investor's responsibility for slow implementation; proposing handling plans and commitments on specific progress with clear and feasible timelines.

The investor is fully responsible before the law and before the City People's Committee for the truthfulness and accuracy of the report content.

After the deadline set by the City People's Committee, if investors do not submit reports or submit them on time, or reports do not meet requirements, do not clearly show capacity and commitment to implementation, the City People's Committee will apply measures to recover and stop project implementation.

HOÀI ANH
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