New project 85 billion VND
Located in Viet Tri ward, Phu Tho province, Hung Vuong Square is both a symbolic location and a place to organize major events such as the opening of the Hung Temple Festival, art programs, Tet markets, cultural and sports events...
The project "Ilumination, decoration, fountain system in Hung Vuong Square area, Viet Tri ward, Phu Tho province" was approved according to Decision No. 1225/QD-UBND dated December 22, 2025 of Viet Tri Ward People's Committee.
This project has a total investment of 85 billion VND invested by the Viet Tri Ward Construction Investment Project Management Board (under the People's Committee of Viet Tri Ward).
As Lao Dong Newspaper has reported, on May 22, the project investor issued a bidding invitation notice for "Package No. 03: Construction and installation of works".
The above-mentioned construction package was widely bid through the network, with a price of 80 billion VND from the Phu Tho provincial budget, Viet Tri ward budget and mobilizing other legal capital sources.
In the near future, after completing the contractor selection for package No. 03, the winning bidder will deploy the construction of lighting, decoration, and fountain systems in the Hung Vuong square area.
According to the project dossier, the construction investment scale of the bidding package includes:
The floor sound water music system is built on the square campus with a total construction area of about 3,400m2 with a system including: About 1,000 shaped nozzles, about 1,000 submerged pumps, more than 1,000 LED lights and controlled electrical cabinet systems, electrical cables, computers, sound...
The elliptical fountain system (including 2 fountains) symmetry on both sides of the square has a total construction scale of about 1,500m2 combined with systems including: Sculpture nozzles; 3-phase and submerged pumps; LED lights and control cabinets, industrial computers, electrical cables...
The contractor will construct, renovate, plant, and arrange green trees to create harmony for the overall architectural structure of the project area; install public utilities, transformer stations serving the project and some other auxiliary items.
Old project noisy due to Hau "firecracker"
Looking back at the history of this square, it is necessary to recall the milestone of August 25, 2009, the time when Phu Tho Provincial People's Committee approved the Hung Vuong Square and resettlement areas project.
After that, this project was appraised by the Ministry of Planning and Investment and the Ministry of Finance; implementation time until December 31, 2015.
The project was started on May 14, 2011, by Asia Dong Construction and Trading Investment Joint Stock Company - a subsidiary of Phuc Son Group (commonly referred to as Hau "firecracker") with a total investment of more than 771 billion VND.
In which, construction costs are more than 222 billion VND, compensation costs for site clearance and resettlement are more than 48.6 billion VND; Viet Tri City Infrastructure Construction Project Management Board (old) is the representative of the investor.
Records of Lao Dong Newspaper reporters in the last days of May 2026 show that after more than a decade of operation, the items of the old Hung Vuong Square project have deteriorated.
The most obvious thing is that the floor tiles at many locations have appeared cracked, broken, and peeling; many locations of the foundation are subsided and deformed.
According to Lao Dong's private source, although the project was completed and put into use in 2015, many years later, the procedures for finalizing public investment capital according to regulations have not been completed.
Therefore, in 2023, Phu Tho Provincial People's Committee issued a document to strengthen and definitively handle the finalization of public investment capital for completed projects in the area, including the Hung Vuong Square project constructed by Phuc Son's subsidiary.
The above project, along with projects such as: Renovation and upgrading at the Hung Temple relic site; the project to invest in building works to renovate, reinforce and upgrade Au Co road - is one of the projects with a large total investment that Phuc Son Group has implemented in the old Phu Tho province.
