Ninh Binh to auction 360 land plots worth over 3 trillion VND

Authorities in Ninh Binh province have announced the auction of 360 residential land plots located in a new residential area east of the provincial Sports Training Center. The total area of the land being auctioned is approximately 5.2 hectares.

The starting prices for the plots range from 44 million to 94.65 million VND per square meter, depending on the location. The total starting price for the entire land area is estimated at over 3 trillion VND. Individual plot sizes vary between 114 and 375 square meters.

The auction, organized by the Ninh Binh Province Asset Auction Service Center, will use a one-round indirect voting method. Registration and dossier submission are scheduled from November 2 to November 16, 2026, with a required deposit of 40 percent of the starting price. The announcement of expected prices is set for November 19, 2026.