Billion-dollar projects in Van Don Special Zone

Nguyễn Hùng |

Quang Ninh - Van Don Special Zone, Quang Ninh Province is becoming a destination for particularly large projects, including billion-dollar projects.

The project with the largest investment capital up to this point is the Van Don High-end Complex Tourism Service Area project, approved by the Prime Minister on June 27, 2025.

The project's goal is to invest in building a high-quality resort tourism complex, organizing international-class events, an attractive destination for the world. Activities in this complex include: casino business; real estate business, tourism services, hotels, resort villas, resorts; shopping mall complex, offices, conferences, seminars; high-quality sports, recreation and health care facilities.

casino business activities and piloting Vietnamese people to play casino are only carried out when they meet the conditions prescribed by the law on casino business and other relevant legal provisions.

The project area is 244.45 hectares, in the old Van Yen commune, with a minimum investment capital of 2 billion USD. Forms of investor selection.

The project's operation period shall not exceed 70 years from the date the investor is granted a Decision approving the investor.

The project implementation progress shall not exceed 9 years from the date the investor is allocated land or leased land to implement the project.

Ban Thuong vu Dang uy Dac khu Van Don hop ban cong tac chuan bi cho Dai hoi Dang bo dac khu Van Don lan thu I, nhiem ky 2025–2030. Anh: Cong thong tin Dac khu Van Don.
The Standing Committee of the Van Don Special Zone Party Committee met to discuss preparations for the 1st Van Don Special Zone Party Congress, term 2025-2030. Photo: Van Don Special Zone Information Portal.

Previously, the People's Committee of Quang Ninh province officially approved the results of selecting investors to implement the High-end Resort - Entertainment Complex Project, Golf Course and Residential Area of Monbay Van Don, in the old Ha Long commune.

According to this Decision, Hai Dang Real Estate Investment Company Limited has been selected as the winning investor.

The high-end resort and entertainment complex project, golf course and residential area of Monbay Van Don promises to become an international-class tourism highlight, contributing to enhancing the position of Quang Ninh on the tourism map of Vietnam. With a large scale and diverse types of services, the project will not only attract a large number of domestic and foreign tourists but also create thousands of jobs, promoting local economic development.

This major project has a total investment of VND 24,883 billion (equivalent to USD 1 billion).

The total land area of the project is about 299.64 hectares; expected to be completed in the fourth quarter of 2030.

The project has a scale of about 3,000 guests/day and a population of 9,800 people. The structure of housing products includes: 236 villas; 257 townhouses and townhouses; 2,614 high-rise apartments and 606 social housing units. The project's operating period is maximum 70 years.

To serve socio-economic development and attract investment, Quang Ninh province has invested in expanding Road 334, from Ao Tien Golf Course to the intersection between Road 334 and the road to the park of Van Don High-end Complex Tourism Service Area.

Provincial Road 334 is considered an important backbone connecting the chain of urban areas, works, projects, developed tourism products... in Van Don Special Zone.

The total length of this expanded section is 9.5km, the roadbed is 24-44m wide, designed with 6 lanes, with an adjusted investment capital of VND2,190 billion, expected to be completed in 2026.

Previously, the People's Committee of Quang Ninh province established a specialized Working Group to develop a Project to build a pilot mechanism and policy for the development of Van Don Economic Zone.

The task of the Working Group is to synthesize and advise on the development of the "Project to build pilot mechanisms and policies for the development of Van Don Economic Zone, Quang Ninh province"; Research, propose, explain policy mechanisms and develop and complete related documents and records; Synthesize and advise on the development of draft Submissions from competent authorities, draft Resolution of the National Assembly on pilot mechanisms and policies for the development of Van Don Economic Zone.

Nguyễn Hùng
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