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[BUSINESS] · Vietnam · 3 sources

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Vietnam urban development: New housing projects in Can Tho and Hanoi

In Can Tho, the City People's Council has approved a pilot list of land areas for development, including the Thanh Hung commercial housing project in Co Do district. Proposed by Ngan Phu Investment Co., Ltd., the project covers nearly 20 hectares with an estimated investment of 1,500 billion VND. The project involves converting rice cultivation land and is expected to be implemented over 60 months.

In Hanoi, the Department of Construction has proposed utilizing approximately 22,249 apartments across 64 social housing projects to serve resettlement purposes. The proposal suggests using up to 80% of apartments from each project, prioritizing locations within 5km, 10km, and 15km of cleared sites. The city is currently monitoring 187 social housing projects involving roughly 168,892 apartments.

Additionally, a large-scale urban reconstruction project in Vinh Hung is undergoing public consultation. Spanning approximately 447 hectares, the plan aims to relocate about 7,250 households—roughly 25% of the local population—to resettlement areas within the ward. The project seeks to improve social infrastructure and green spaces, with implementation expected between late 2026 and 2030.

Entities

Can Tho · Department of Construction · Hanoi · Ngan Phu Investment Co., Ltd. · Vinh Hung