The total project decreased by nearly 40%, other expenses increased dramatically by nearly 6 times
As Lao Dong has reported, the project to renovate the sewer system connecting Vuc Lake, Dau Bang Lake and Tu Dinh Lake (Long Bien Ward, Hanoi) has been approved for more than 10 years but is still unfinished, people have had to live next to the black water hole for decades.
According to Lao Dong Newspaper reporters, this project was recently unexpectedly adjusted down by more than 40% of the total investment capital.
Accordingly, on September 10, 2025, Vice Chairman of Hanoi People's Committee Duong Duc Tuan signed and issued Decision No. 4685/QD-UBND approving the adjustment of the Investment Project for the Renovation and Construction of a sewer system connecting Vuc Lake, Dau Bang Lake and Tu Dinh Lake under the form of a BT contract (QD 4685).
Accordingly, the project's scale has decreased from 610 billion to 366 billion VND (equivalent to about 245 billion VND, nearly 40%). Also according to QD 4685, this project maintains the construction scale of a 1,855m long drainage box culvert system.
The project has adjusted the overall grass surface, walking paths, and playgrounds; adjusted the overall planning of the site with a length of 319m, from 25m to 13.5m.
A matter of concern in QD 4685: Although total investment capital has decreased, other expenses have increased dramatically by nearly 6 times, from more than 2.3 billion to nearly 13.4 billion VND.
This forces the public to question: What items is the main focus of the project reduced by up to 245 billion VND? Will the reduction of total capital ensure the quality of the project? Lao Dong Newspaper has sent a question to the People's Committee of Long Bien Ward and La Vong Group but has not yet received a response.
Infrastructure projects "soaked" for decades, counter-projects have been handed over for a long time, prices are sky-high
According to QD 4685 of the Hanoi People's Committee, the capital recovery plan for the Project to renovate the sewer system connecting Vuc Lake, Dau Bang Lake and Tu Dinh Lake is a 14.5ha land fund in the Southwest Urban Functional Area, Road 70, Dai Mo Ward, Nam Tu Liem District.
It is worth mentioning that this land area has been allocated to the New House Company. Specifically, the 14.5ha land plot was approved by the City People's Committee in Decision No. 4619/QD-UBND dated August 24, 2016; land allocation in Decisions No. 6352/QD-UBND dated November 18, 2016 (phase 1); No. 4381/QD-UBND dated July 7, 2017 (phase 2); No. 5388/QD-UBND dated December 2, 2020 (phase 3).
Present at the project counter (Southwest Urban Functional Area of Road 70, Dai Mo Ward), PV noted that this project has the commercial name Louis City Dai Mo.
The project is advertised as "porting Paris style" with a scale of nearly 600 townhouses, 28 villas, and 2,000 luxury apartments.
It is known that since 2015, the investor, the New House Company, has handed over many villas and townhouses to residents.
According to a survey on real estate information sites, townhouses in Louis City Dai Mo are being advertised for sale at prices of tens of billions of VND per unit.
"The Louis City project is a dynamic center in the West of Hanoi, quickly connecting to Thang Long, Le Quang Dao, Nguyen Xien, My Dinh Boulevard, Ring Road 3.5, Ring Road 4: The urban area has come into operation, the community is civilized, the infrastructure is synchronous. Adjacent 90m2, 5m frontage, built with 5 floors for 27 billion; Adjacent 100m2, 6m frontage, built with 5 floors for 30 billion; 5-storey villa with 8 bedrooms, 7 WC, suitable for large families or can be used as an office for only 61 billion VND and up to 267m2" - the content is displayed on a real estate information page.
People are very interested, when the project was adjacent to 14.5 hectares, the investor handed over many apartments, while the infrastructure project is still sluggishly being implemented. So, where is the responsibility of the unit when leaving infrastructure projects "soaked" for decades? This question has not been answered by the investor.
