Vinhomes Joint Stock Company plans to invest in an Urban Area project in Vinh city.

Accordingly, on February 23, 2024, the People's Committee of Nghe An province issued Document No. 1334/UBND-CN to relevant departments, branches and Vinh City People's Committee to consider the proposal to study and propose the project implementation of Vinhomes Joint Stock Company on investment in project implementation.Urban area in Vinh city.

Specifically, the Provincial People's Committee assigned the Department of Construction to preside over and coordinate with relevant agencies based on the construction planning in the area and other relevant conditions to introduce suitable locations for businesses to research and propose projects in accordance with the provisions of law. Complete and report the results to the Provincial People's Committee before March 20, 2024.

Previously, on January 23, 2024, Vinhomes Joint Stock Company sent Document No. 032/CV-VN-PTDA to the Provincial Party Committee and People's Committee of Nghe An province, expressing its desire to develop a large-scale, classy urban area, contributing to the development of Vinh city in particular and Nghe An province in general.

Based on researchVinh city master planto 2030 and vision to 2050 approved by the Prime Minister in Decision No. 52/QD-TTg dated January 14, 2025, Vinhomes Joint Stock Company proposed to the Provincial Party Committee and People's Committee of Nghe An province to study and propose the above project. The project has an area of ​​200 - 300 hectares selected at Hung Dung ward, Hung Loc commune and Hung Hoa commune, Vinh city.

It is known that,Vingroup Corporationis the investor implementing a number of projects in Nghe An such as Cua Hoi Amusement Park Project; Project to renovate Area B - Quang Trung Apartment in Quang Trung Ward, Vinh City and Vinpearl Hotel, Entertainment and Resort Villa Complex Project in Cua Hoi./.