The Hai Phong Department of Construction recently announced that Vinhomes’ new urban project covering 240 ha is eligible for investment capital mobilization for commercial housing construction. The project has a total investment of 23.218 trillion VND and is located in Duong Kinh District and Kien Thuy District, adjacent to Highway 5B. Vinhomes plans to raise 13.500 trillion VND, with Vietcombank committing to lend 7.920 trillion VND. The project is planned to allocate 69.4 ha for housing, including 5.000 adjacent houses and 1.300 villas, with the completion scheduled for the second half of 2029. Trial operation is expected to start in 2026.
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