Mekong Delta attracts billion dollar projects

Long An is becoming a hot spot in the real estate market thanks to its location adjacent to Ho Chi Minh City and great development potential. The increasingly complete traffic infrastructure is a factor promoting strong interest from real estate "giants".

Upgrading the city

On March 26, Vingroup Corporation officially started construction of Vinhomes Green City project - the group's first complex urban area in Long An. The project covers an area of ​​197.2 hectares, located in Hau Nghia town, Duc Lap Thuong commune and Tan My commune, Duc Hoa district. This is the first urban area in Vingroup's ecosystem in Long An, marking an important development step of the group in the Northwest region of Ho Chi Minh City with a total expected investment of more than VND 28,000 billion, and a population of about 40,000 people.

Vinhomes Green City has the advantage of outstanding infrastructure connectivity. From the project, residents can conveniently travel to Ho Chi Minh City via National Highway 22 (Trans-Asia Highway) or DT 825 (DT 10 - CT02), as well as the southwestern provinces and Cambodia via National Highway 1A, National Highway 22 and CT02 Expressway. The completion of key transport projects such as Ring Road 4, Ring Road 3, and metro line 2 Ben Thanh - Tham Luong will increase the connectivity value of the project.

Vingroup started construction of Vinhomes Green City project - the group's first complex urban area in Long An

According to Mr. Nguyen Viet Quang, Vice Chairman of the Board of Directors and General Director of Vingroup, Vinhomes Green City will create a new, modern living standard for residents, while attracting businesses, investors and a high-quality workforce to live and work. The urban area is planned synchronously with many open traffic axes, a modern utility system and a commercial complex with an area of ​​9.6 hectares right inside the area. This place promises to be a bustling commercial center of the urban economic corridor in the Northwest of Ho Chi Minh City.

In addition to the Vinhomes Green City project, last February, the consortium of Vinhomes Joint Stock Company (a member of Vingroup) and Vietnam Investment Group Joint Stock Company also implemented the Phuoc Vinh Tay new urban area project in Can Giuoc district, Long An province. The project has a scale of 1,090 hectares, bordering Rach Van river to the north, Phuoc Vinh Tay residential area and Long Phung, Dong Thanh, Phuoc Vinh Dong communes to the south and east; and Can Giuoc river to the west.

Phuoc Vinh Tay urban area is divided into 3 sub-areas, with a population of nearly 90,000 people. The total investment capital of the project is about 80,079 billion VND. It is expected that from now until the end of the year, the investor will carry out compensation and site clearance; from the first quarter of 2026 to the fourth quarter of 2027, build infrastructure and arrange resettlement; from the first quarter of 2028 to the fourth quarter of 2030, complete and put the project into use.

Long An's important turning point

At the groundbreaking ceremony of Vinhomes Green City, Mr. Nguyen Van Ut, Chairman of Long An Provincial People's Committee, affirmed that this is an important turning point in the development of the locality. The project not only improves the quality of infrastructure, attracts investment but also creates thousands of jobs for local workers, while bringing new living standards to residents.

With a series of billion-dollar projects under implementation, Long An is transforming strongly, becoming the center of urban - industrial development of the Southwest region and an important gateway connecting to Ho Chi Minh City.

According to the investigation of the reporter of Nguoi Lao Dong Newspaper, in addition to Vingroup's projects, a series of "big guys" are also implementing projects in Long An, such as Nam Long Joint Stock Company with the 355-hectare Waterpoint project - Nam Long's largest project to date; T&T Group of businessman Do Quang Hien (Mr. Hien) is developing the T&T Millennia City project in Can Giuoc district, aiming to become a model urban area.

Project perspective. (Photo provided by Vingroup)

Ecopark Group has implemented the Eco Retreat project with a scale of 220 hectares with the orientation of developing green areas and living spaces in harmony with nature. In particular, right next to Vinhomes Green City, MIK Group has developed the Imperia Grand Plaza Duc Hoa project on an area of ​​11.3 hectares. The project includes 426 commercial townhouses in Asian - European architectural style, planned into 3 unique neighborhoods.

An Huy Group (a big name in the real estate industry in the North) is also about to start the An Huy - Duc Hoa urban area project on My Hanh Street, My Hanh Bac Commune, Duc Hoa District. The first phase of the project has a scale of 60 hectares, including 2,250 land products, townhouses, villas and shophouses, planned synchronously with a modern utility system. Mr. Nguyen The Bach, Chairman of An Huy Group, said that this is a strategic project of the group to anticipate the development of infrastructure in the Duc Hoa area.

According to Mr. Pham Lam, Vice President of the Vietnam Real Estate Brokers Association, Long An has a strategic location bordering Ho Chi Minh City, with a large land fund and competitive land development costs. The increasingly complete connecting traffic infrastructure - including beltways, highways and metro systems - is a factor promoting the rapid development of the province's real estate market.

Many localities accelerate

Along with Long An, many localities in the Mekong Delta are also accelerating the implementation of infrastructure projects, while attracting investors to achieve the goal of high economic growth in the coming time. For example, in Ca Mau, the project to expand and upgrade Ca Mau Airport is being implemented, invested by the Vietnam Airports Corporation (ACV), with a total capital of about 2,400 billion VND. The project is expected to improve trade capacity, promote the exchange of goods and create development momentum for Ca Mau province.

On March 17, the functional sector of Ca Mau City completed field measurements and entered a draft plan for compensation, support, and resettlement for 604 affected households and organizations. Secretary of the Ca Mau Provincial Party Committee Nguyen Ho Hai emphasized that this is a key project, and if it is delayed, it will greatly affect the development of the locality. When completed, this project, along with other key projects, will create conditions for the province to grow by double digits, attract businesses to invest and develop other industries in the locality. "Absolutely do not let the project be passive due to coordination work and must hand over the site on April 15 so that ACV can prepare to start construction. Ca Mau Province prepares the site for construction, not letting investors wait for the site" - Secretary of the Ca Mau Provincial Party Committee emphasized.

Meanwhile, the People's Committee of Can Tho City has just announced the decision to approve the investment policy and grant an investment registration certificate to Thanh Binh Phu My Joint Stock Company to implement the project of constructing and operating infrastructure of Vinh Thanh Industrial Park (Phase 2).

The project has a total investment of 7,850 billion VND, deployed on an area of ​​over 540 hectares in Vinh Trinh and Vinh Binh communes, Vinh Thanh district. This is the 7th industrial park of Can Tho city, oriented to develop according to the industry cluster model, taking advantage of the potential and advantages of the city and the Mekong Delta region.

Vinh Thanh Industrial Park will flexibly meet the land use needs of heavy industry, value-added industry, supporting industry, port exploitation and logistics services. Mr. Duong Tan Hien, Permanent Vice Chairman of Can Tho City People's Committee, said that the project is of great significance in attracting investment, creating jobs and promoting specialized industrial development. Can Tho City People's Committee is committed to supporting investors in site clearance, building resettlement areas, developing traffic infrastructure and promptly handling problems arising during implementation.

Tens of billions of dollars poured into Phu Quoc

Kien Giang Provincial People's Committee is accelerating the implementation of 30 major projects to prepare for the APEC 2027 Summit Week in Phu Quoc, including 18 public investment projects with a total capital of VND52,300 billion and 12 non-budget projects, calling for investment of more than VND168,000 billion.

Currently, Phu Quoc has about 320 projects on a total area of ​​10,652 hectares, with a registered capital of more than VND412,000 billion. To prepare for APEC 2027, Phu Quoc will expand the airport to more than 1,000 hectares, reaching level 4E. The project includes extending the runway to 3.5 km, building a new runway of 3.3 km, building a T2 terminal with a capacity of 20 million passengers, a parking lot for 70 aircraft, a VIP terminal, a maintenance area and a cargo warehouse.

An Thoi International Seaport will be upgraded to 100 hectares, capable of receiving the world's largest cruise ships such as Icon of the Seas (carrying 10,000 passengers). Traffic routes from Phu Quoc International Airport to the APEC Conference Center will be expanded, including the urban train route, the eastern coastal road, Duong Dong - Bac Dao axis, East-West Avenue and APEC Avenue 68 m wide, 3 km long.

The APEC multi-functional complex is an important highlight, built on an area of ​​57 hectares reclaimed from the sea, with a capacity of 15,000 people. In particular, Phu Quoc will build a 69-storey iconic building - combining offices, hotels, commercial centers, duty-free zones and marinas - creating momentum for sustainable development and attracting investment.

Source: https://nld.com.vn/dbscl-hut-du-an-ti-do-196250326215315149.htm