Vietnam Real Estate Movement July 2021


Vietnam Real Estate Movement Program of the “Kenh dau tư Sen Vang” Youtube Channel is a program to update information on the real estate market.  And to start the program, let’s review the main highlights in July in the real estate market:



1. Vietnam Real Estate: Thanh Hoa allocates 3 hectares of residential land to businesses without auction: 29 billion VND to the budget




Regarding Thanh Hoa Provincial People’s Committee for businesses to convert 3 hectares of commercial land to residential land without auction, this unit only has to pay 29 billion VND to the national budget.


On September 1, 2010, Thanh Hoa Provincial People’s Committee issued Decision No. 3087/QD-UBND to Hai Ha Trading Joint Stock Company to lease 29,310m2 of cleared land in Quang Tan commune, Quang Xuong district for use purpose of building a trade center and automobile distribution service. The land lease term is until February 4, 2055, in the form of an annual land rental payment.


However, for many years, this unit did not implement the project as committed, but suddenly applied for the conversion of land use to residential land. Previously, information for sale on real estate sites in Thanh Hoa for this project ranged from 756 million VND/lot of land subdivision to 2.6 billion VND/lot shophouse.


2. Vietnam Real Estate: Lam Dong: An enterprise applies for funding to plan a 250ha project at Tuyen Lam Lake tourist area




Green Valley Real Estate Investment Joint Stock Company proposes to finance the project planning of an eco-tourism area combining resort, conference, seminar… at Tuyen Lam Lake National Tourist Area,Da Lat City with a scale of about 250ha. Lam Dong Department of Construction has sent an official dispatch to the Provincial People’s Committee about this.


According to the report of the Department of Construction, Green Valley Company wants to sponsor a detailed planning product at the rate of 1/500 of the project of an eco-tourism area combining resorts, conferences, seminars … with a scale of about 250ha in Hanoi. Subdivision 10-4, Tuyen Lam Lake National Tourist Area, City. Da Lat. In addition to sponsoring the above planning products, Green Valley also proposes to sponsor the zoning planning product at the rate of 1/2000 to expand the project of an eco-tourism area combining resorts, conferences and seminars with a scale of about 50ha.


Before the enterprise’s proposal, the Department of Construction asked the Provincial People’s Committee to consider and approve the policy for the company to research, survey and financial planning with the above scale.


3. Vietnam Real Estate: Da Nang calls for investment in 22 clean lands


Da Nang calls for investment in 22 clean lands


Accordingly, land plots with a total planning area of ​​nearly 340,000m2 have been planned in the fields of housing, trade and services, education – training, and health, distributed in Son Tra, Cam Le, and Ngu Hanh Son and Hòa Vang district, Da Nang city.


Some notable projects include: Creative Space Project in Hoa Xuan Ward; The residential service area (software park No. 2 – phase 1) has an area of ​​24,452m2. The project is located on two fronts of Nhu Nguyet Street, which is the road to collect Thuan Phuoc Bridge.


There are also a number of other projects such as Nam Cau Cam Le new residential area, Hoa Chau commune, area 20,855m2. The land has 4 fronts of Nguyen Hong Anh, Nguyen Bao, Le Dinh Dien and Hoang Dao Thanh; An Hoa residential area project, Hoa Minh 1 resettlement area…


4. Vinh Phuc approved the planning of Son Loi Industrial Park of more than 276 hectares


Son Loi Industrial Park


Vinh Phuc Provincial People’s Committee has just approved the detailed construction planning of ratio 1/500 of Sơn Lôi Industrial Park (Bình Xuyen District), according to Vinh Phuc Newspaper. The project is located in Son Loi, Tam Hop, Ba Hien and Huong Canh communes with a total area of ​​more than 276 hectares. In which, land for the construction of factories and industrial enterprises accounts for nearly 73% of the total planned area. The rest is land for administration and public services; technical focal land; green land; Land transport,…


Son Loi Industrial Park is oriented to invest as an industrial park with asynchronous and modern technical infrastructure system, focusing on attracting and developing advanced, modern and high-tech industrial product types. associated with environmental protection. The project has a registered investment capital of more than 1,864 billion VND, invested by An Thinh Vinh Phuc Construction Investment Company Limited (An Thinh Vinh Phuc).


5. Quang Ninh approved the planning of three subdivisions of nearly 2,500 hectares in the Mong Cai border gate economic zone




Recently, Quang Ninh Provincial People’s Committee has announced 2 decisions approving the task of zoning planning at the scale of 1/2000 Zone A5.1 and A5.2; and subdivision 2A of the Mong Cai border gate economic zone.


With subdivisions A5.1 and A5.2 with a planning area of ​​588 hectares, the location is part of the boundary of Hai Xuan commune and Hai Hoa ward. The North borders the coastal road, the South borders Binh Ngoc ward and Tra Co ward wetlands, the East borders Hai Hoa ward wetlands and the West borders the Sau river.


The subdivision is planned as a high-quality ecological urban area; mixed zones, commerce, public services; marine eco-tourism area and mangrove forest. The forecast population size by 2040 is about 18,000 people.


6. Approving the investor of a social housing project of VND 2,300 billion in Bac Giang


Vietnam Real Estate: bac-giang


According to this decision of the People’s Committee of Bac Giang province, the joint venture between Saigon – Hai Phong Industrial Park Joint Stock Company and Evergreen Bac Giang Sustainable Development Investment Joint Stock Company is an investor that meets the requirements for capacity, experience and options for selecting investors to implement social housing projects for workers in the new urban area of ​​Neh town, Viet Yen district.


The project is implemented on land plots CT1, CT2 belonging to the detailed planning of the new urban area in Ninh town, Viet Yen district, Bac Giang province with the total cost of project implementation, excluding the cost of site clearance, more than 2,298 billion VND.


The project develops on a scale of more than 3.2 hectares, including items such as high-rise social housing; courtyards, roads, trees, landscapes, technical infrastructure systems… In which, social housing works are 20-storey apartment buildings with a total area of ​​more than 1.2ha; supply to the market apartments for living in an area of ​​30-70m2. The project is expected to be put into operation and business from the fourth quarter of 2023.


7. Hung Yen assigns more than 314ha of land to Vinhomes




Hung Yen Provincial People’s Committee has just issued a decision to allocate and lease land to Vinhomes Joint Stock Company to implement the investment project of Dream City ecological urban area in Long Hưng commune, Nghĩa Trụ commune, Van Giang district. 


Accordingly, the province allocated 3,146,627.6m2 of land to Vinhomes Joint Stock Company to implement the Dream City ecological urban area. In which, 1,493,053.7m2 of residential land belongs to Nghia Tru and Long Hung communes.


The land use period is calculated from the date of issuance of the land allocation decision to December 30, 2070. In addition to the land allocation decision, Hung Yen province also leased 888,278.5m2 of land to Vinhomes Joint Stock Company in Long Hung and Nghia Tru communes, Van Giang district to implement the Dream City ecological urban area project.


8. Quang Ninh ‘cancels’ the planning of 7 projects


Vietnam Real Estate: Quang Ninh 'cancels' the planning of 7 projects


Quang Ninh agreed to the proposal of the Management Board of Van Don Economic Zone on the withdrawal and cancellation of the policy of research and planning for 7 projects approved by the Provincial People’s Committee.


These 7 projects are all in Van Don district, including projects of Voice of Vietnam (VOV) in Ha Long commune; High-tech medicine – pharmaceutical industrial park in Van Don district; High-class commercial complex of welcome gate peninsula, Cai Rong town.


Besides, there are projects of the port area and urban area north of Cai Bau island; Urban area in Minh Chau commune; Golf course, eco-tourism area in Minh Chau island – Quan Lan; High-tech complex, free trade and smart urban area Van Don.


Quang Ninh Provincial People’s Committee said that the reason for the recall was because the guidelines for studying and planning the above projects had expired and exceeded the prescribed time, and were not consistent with the adjustment of the general planning of the economic zone. Van Don until 2040 has been approved by the Prime Minister in Decision No. 266 dated February 14, 2020, and the zoning plans, master plans and land use plans of Van Don district have been approved by competent authorities.


Currently, Sen Vang Real Estate Company is implementing project development consulting services for Real Estate Investors, please contact hotline 0948484859 for advice and support.


The last information ended the Vietnam Real Estate Movement Program in July 2021. Thank you for your attention. Goodbye and see you again in the next programs on the “Kenh dau tu Sen Vang” Channel.