MARKET SNAPSHOTS WEEK 11/2025
Long An officially welcomes Prodezi Eco-Industrial Park
The groundbreaking ceremony for the technical infrastructure of the Prodezi Eco-Industrial Park (Prodezi EIP) in Luong Hoa Commune, Ben Luc District took place on March 12, 2025, marking an important milestone for the socio-economic development of Long An. This is the province's pioneering eco-industrial park, with the mission of sustainable development, linking industry and environmental protection, creating a premise for green economic development in the region. Prodezi EIP has a scale of 400 hectares, adjacent to the 100-hectare LA Home eco-urban area, is an industrial park with a pioneering ecological development orientation in Long An province and has a large scale in the Mekong Delta region. The expected completion time of Phase 1 subdivision and handover to investors is in the third quarter of 2025. Prodezi EIP is built on four sustainable pillars: using renewable energy, reusing and recycling water, developing green certified buildings, and nurturing healthy biodiversity. With these four pillars, Prodezi EIP is not only a well-planned eco-industrial park, but also a sustainable development model following global trends.
Panorama of the area where the 17,000 billion VND urban area will be built, located between 3 billion USD mega projects of Ecopark and Vinhomes
Centerville, also known as Modus Urban Area, covers an area of 49.9 hectares, located in Long Hung Commune, Van Giang District, Hung Yen Province. This is one of the areas that has attracted many large real estate projects in the North in recent years. The Centerville project with a total investment of 17,000 billion VND has just started construction and has attracted attention as it is located between three mega-urban areas: Vinhomes Ocean Park 2 (1.6 billion USD), Ocean Park 3 (1.4 billion USD) and Ecopark (10 billion USD). The project is planned with many types of housing, from 3 39-storey towers, social housing to villas and townhouses, started by Bach Giang Development Investment - Construction Joint Stock Company (DCI) on February 26, 2025 and is expected to be completed in 2029. In addition, the project is near major routes such as Hanoi - Hai Phong Expressway, Ring Road 3 and Ring Road 4 under construction, helping to strengthen connectivity with the West of Hanoi.
Ho Chi Minh City International Financial Center to be Built in Thu Thiem New Urban Area
In total, the project will use 11 plots of land with an area of 9.2 hectares in Functional Area No. 1 in Thu Duc City. The site was reported to the local Department of Telecommunications on March 11 to plan the development of telecommunications and digital infrastructure for the center. Thu Thiem New Urban Area was approved in 1996 with an area of 930 hectares located on the east bank of the Saigon River, opposite District 1. When completed, the area will have a population of 200,000. The area will be divided into the central core area, the northern residential area, the residential area along Mai Chi Tho Avenue, the eastern residential area and the southern area. The construction of the financial center here will help reduce costs and transaction times for businesses.
Mekong Capital Invests in TNH Hospital Group
Mekong Capital announced on March 10 that it has acquired its stake through Mekong Enterprise Fund IV and become a shareholder of TNH Hospital Group, one of the leading private hospital systems in Vietnam, with the goal of providing high-quality healthcare services at affordable costs. Headquartered in Thai Nguyen city - the economic and medical center of the Northern midlands and mountainous region, after more than 10 years of development, TNH has significantly expanded into a modern hospital system in many locations, including 700 licensed beds, more than 800 staff, including more than 600 doctors, nurses, midwives, technicians, highly qualified at three facilities.
Coteccons subsidiary invests in 11,000 billion VND project in Long An
Thanh Phu residential and commercial service area in Ben Luc district invested by the Covestcons - BEHS consortium has a total capital of nearly 11,000 billion VND. The People's Committee of Ben Luc district has just issued a decision approving the BEHS-Covestcons consortium as the investor of the Thanh Phu residential and commercial service area. This is also the only enterprise registered to implement the project. According to the planning, Thanh Phu residential area has a scale of more than 85 hectares. The population is about 4,800 people. According to statistics, Thanh Phu commune has about 339 households affected by the project. The project includes many types of products such as land for villas, townhouses, and resettlement. Of which, the area of townhouses is about 9.4 hectares, divided into nearly 700 lots with a maximum height of 5 floors. The land area for the villa is about 8.3 hectares, including 318 villas with a maximum height of 4 floors. The project is also planned to have schools, cultural and sports centers, playgrounds, parking lots, etc. within the premises. The investor plans to complete site clearance and resettlement this year and put the project into operation by the end of 2029.
Sun Group Ha Nam to hand over first apartment building
After 7 months of construction, many items at the Sun Urban City project, Phu Ly, Ha Nam have clearly taken shape on the construction site. According to the investor, the Sun Urban City urban area's product list sold out 80% of the second batch of products after only 2 hours of opening for sale. Construction contractors mobilized nearly 3,000 workers to work three shifts to keep up with the progress, and even during Tet, many workers proactively stayed at the construction site to work. Sun Urban City Ha Nam exceeded many progress milestones. For example, the first high-rise building was topped out after just over 4 months of construction. It is expected that in September, the remaining 7 high-rise apartment buildings and the basement of the entire low-rise subdivision will be completed. According to the investor, by the end of 2025, Sun Urban City will basically complete all low-rise real estate products after more than a year of construction. The low-rise buildings along the Vua Le Canal, which will be the commercial center and welcome visitors to the festival area, are also nearing completion. It is expected that in June, the high-rise apartment complex A1 will be handed over to its first owners.