Speaking out about "violating" information
Regarding some information reflecting on "violations" at the commercial housing project southwest of Ly Thanh Tong Street (Dong Thuan Ward, Quang Tri Province) invested by Son Hai Group, the Group has had official information.
Previously, on October 22, 2025, the Quang Tri Provincial Inspectorate concluded an inspection of the implementation of legal regulations on investment, construction, land and financial obligations at the commercial housing project southwest of Ly Thanh Tong Street.
The project is invested by Son Hai Group Company Limited, with a total investment of 500 billion VND, implemented in the 2017-2025 period with the goal of forming a modern residential area, synchronous urban technical infrastructure.
From this inspection conclusion, some information was spread that there were violations in the implementation process when the Department of Construction of the old Quang Binh province advised the Provincial People's Committee to issue an investment policy without the consensus of the Provincial People's Council.
Son Hai Group is said to have "transferred" more than 10 million VND to the Dong Hoi City Land Fund Development Center (now the Dong Hoi City Land Fund Development and Investment Project Management Board).
On the morning of November 4, Son Hai Group issued an official notice regarding the incident.
Accordingly, Son Hai Group said that the commercial housing project southwest of Ly Thanh Tong Street is a provincial project, the Group is only an investor selected through bidding, not a project of Son Hai Group as some information has given.
The enterprise also corrected the excess amount to 10.1 million VND, not 10 billion VND. The transfer of compensation for site clearance was carried out in accordance with the proposal of the Dong Hoi City Land Fund Development Center, and the Group does not have the financial inspection rights of this agency.
Every time Son Hai Group transfers compensation for site clearance, it is based on the transfer request of the Dong Hoi City Land Fund Development Center. During the implementation process, Son Hai Group transferred money promptly, fully and accurately according to the proposed amount.
Inspection in accordance with legal regulations
Speaking to Lao Dong Newspaper reporters on the morning of November 4, the leader of the Quang Tri Provincial Inspectorate said that the issuance of a document agreeing to the investment policy before the Provincial People's Council approved it was reasonable.
On May 26, 2017, the leaders of the Provincial People's Committee and the Department of Construction asked for opinions and were approved by the Standing Committee of the Provincial People's Council to implement the project. However, it was not until the year-end meeting (October 2017) that the Provincial People's Council officially voted to approve.
In principle, there were still violations in having an investment policy before the decision of the Provincial People's Council, but during that time, there was an official dispatch of approval from the Standing Committee of the Provincial People's Council. The fact that businesses transfer money excess is a welcome thing. If the Management Board discovers the surplus, it must return it to the enterprise or pay it to the budget. Letting this amount of money stagnate in the account is not in accordance with the principle.
The goal of the inspection is to ensure proper implementation of laws on investment, land, finance and construction, while helping agencies, units and enterprises promptly adjust and avoid violations during the implementation process.
"The inspection is not to recover assets when there are no violations. The spirit is to remove difficulties, support fair development between economic sectors, especially encourage the private sector in the spirit of Resolution 68 of the Central Government - the leader of the Quang Tri Provincial Inspectorate emphasized.
