Northern Vietnam province Hai Duong to have first urban area-golf course complex

By Minh Hue
Fri, May 2, 2025 | 9:59 am GMT+7

Hai Duong province's authorities have granted in-principle approval for the Lien Hong New Urban Area and Golf Course project, with a total investment of VND11 trillion ($423 million).

An aerial view of Hai Duong province. Photo courtesy of Hai Duong's news portal.

An aerial view of Hai Duong province. Photo courtesy of Hai Duong's news portal.

It is the largest-scale project approved by the northern province since the beginning of 2025.

The project is planned to cover 126.02 hectares in Lien Hong commune, Hai Duong town - capital of Hai Duong province, of which 59 hectares will be allocated for an 18-hole golf course.

It is expected to become a new development hub for urban living, tourism, and sports in the western part of the town.

According to the plan, an international open bidding process will be held in Q2/2025 to select an investor with necessary financial capacity and experience.

The provincial People's Committee requires that the investor's equity capital must be no less than VND1.66 trillion ($63.83 million), equivalent to 15% of the total investment, with the remaining capital sourced from credit institutions and others.

The project will be implemented in multiple phases. The first 12 months will focus on investment preparation, compensation, site clearance, and land handover. The following 36 months will be dedicated to the construction of a modern-standard golf course.

Within the next 48 months, the project aims to complete all technical infrastructure, housing units, a commercial center, public works, green parks, and sports facilities.

This project will not only help to bolster high-quality urban development in Hai Duong, but also create a green living environment that integrates leisure and sports.

It aligns with the province’s broader strategic plan to enhance its central urban area and elevate Hai Duong to a first-tier urban area by 2030.

According to the provincial master plan for the 2021-2030 period with a vision to 2050, Hai Duong province plans to develop 10 additional golf courses to meet the growing demand for sports, tourism, and investment. Currently, it has only one operational golf course located in Chi Linh town.

According to a draft resolution of the National Assembly Standing Committee compiled by the Ministry of Home Affairs, 11 provincial/municipal-level administrative units will remain the same, including Hanoi, Hue, Lai Chau, Dien Bien, Son La, Cao Bang, Lang Son, Quang Ninh, Thanh Hoa, Nghe An, and Ha Tinh.

The remaining 52 localities are subject to mergers, including four centrally-run cities - Ho Chi Minh City, Hai Phong, Danang, and Can Tho.

Some merger options are being studied, like mergers of Da Nang and Quang Nam, Bac Giang and Bac Ninh, Hai Phong and Hai Duong, and Lao Cai and Yen Bai.

Comments ( 0)
  • Read More
Samsung Display ultra-thin glass supplier breaks ground on second plant in northern Vietnam

Samsung Display ultra-thin glass supplier breaks ground on second plant in northern Vietnam

South Korea's Dowooinsys Vina, a subsidiary of NP Group, has begun construction of its second manufacturing plant in Thai Nguyen province, expanding production capacity for ultra-thin glass (UTG) used in Samsung Display's foldable smartphone panels.

Investing - Fri, July 10, 2026 | 8:17 am GMT+7

From Phu Quoc to Sa Pa: Why Vietnam’s tourism accelerating in Southeast Asia

From Phu Quoc to Sa Pa: Why Vietnam’s tourism accelerating in Southeast Asia

Leading U.S. business magazine Fortune has described Vietnam as an emerging tourism “hot spot” in Southeast Asia, driven by the strong rise of destinations such as Phu Quoc and Sa Pa.

Travel - Thu, July 9, 2026 | 11:09 pm GMT+7

VietinBank seeks to divest entire stake in Hai Phong Port via public auction

VietinBank seeks to divest entire stake in Hai Phong Port via public auction

VietinBank (HoSE: CTG) plans to divest its entire stake in state-controlled Hai Phong Port (UPCoM: PHP) through a public auction on the Hanoi Stock Exchange (HNX), potentially raising nearly VND278 billion ($10.57 million).

Companies - Thu, July 9, 2026 | 5:10 pm GMT+7

Starlink begins taking orders in Vietnam, first-year service costs $1,190

Starlink begins taking orders in Vietnam, first-year service costs $1,190

Starlink, the satellite internet service operated by Elon Musk’s SpaceX, has released pricing and started accepting orders in Vietnam, with first-year costs estimated at about VND31.4 million ($1,190).

Companies - Thu, July 9, 2026 | 4:09 pm GMT+7

Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing

Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing

Masan High-Tech Materials (UPCoM: MSR), the mining unit of Vietnamese conglomerate Masan Group (HoSE: MSN), has entered into a strategic partnership with South Korea’s GB Innovation (GBI) to process Korean tungsten concentrate into higher-value products in Vietnam, strengthening a non-Chinese tungsten supply chain.

Companies - Thu, July 9, 2026 | 3:51 pm GMT+7

Idemitsu Kosan expands energy ecosystem in Vietnam

Idemitsu Kosan expands energy ecosystem in Vietnam

After more than three decades of operations in Vietnam, Japan’s Idemitsu Kosan is further expanding its energy ecosystem with a biomass pellet plant project in the central province of Gia Lai.

Industries - Thu, July 9, 2026 | 1:43 pm GMT+7

Two banks to list on Ho Chi Minh City bourse, expand charter capital

Two banks to list on Ho Chi Minh City bourse, expand charter capital

Vietnam's private banks Vietbank and BVBank are finalizing the last steps to transfer their trading from the unlisted public company market UPCoM to the Ho Chi Minh Stock Exchange (HoSE), while simultaneously implementing plans to increase their charter capital.

Banking - Thu, July 9, 2026 | 11:51 am GMT+7

Strong Q2 earnings, lower interest rates to bolster Vietnam stocks

Strong Q2 earnings, lower interest rates to bolster Vietnam stocks

Strong second-quarter corporate earnings and declining interest rates are expected to support Vietnam's stock market in the coming months, brokerage firms said, as the market moves beyond a period of limited news flow and enters a more favorable phase driven by improving fundamentals.

Finance - Thu, July 9, 2026 | 8:00 am GMT+7

Wistron raises construction, equipment investment in northern Vietnam province to $178 mln

Wistron raises construction, equipment investment in northern Vietnam province to $178 mln

Taiwanese technology firm Wistron has increased its investment in factory construction and equipment in Ninh Binh province to $178.27 million, adding $24.5 million to expand its facilities at Kim Bang Industrial Park.

Industries - Wed, July 8, 2026 | 7:56 pm GMT+7

Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year

Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year

Vietnam's leading developer Sun Group aims to begin construction of two urban projects worth a combined VND16.4 trillion ($623.78 million) in the central province of Quang Ngai by the end of 2026, while also advancing plans for a new expressway linking the province with the Central Highlands.

Real Estate - Wed, July 8, 2026 | 4:54 pm GMT+7

Vietnam raises airport number target to 36 by 2030 as aviation demand surges

Vietnam raises airport number target to 36 by 2030 as aviation demand surges

Vietnam plans to expand its airport network to 36 airports by 2030, up from the previous target of 30, under a revised national aviation infrastructure plan aimed at catering for rising passenger demand and boosting regional connectivity.

Infrastructure - Wed, July 8, 2026 | 4:45 pm GMT+7

Germany's VFT Bio Fuels UG eyes $3.1 bln green steel complex in southern Vietnam

Germany's VFT Bio Fuels UG eyes $3.1 bln green steel complex in southern Vietnam

Vietnamese industrial park developer IMG Phuoc Dong and Germany’s VFT Bio Fuels UG have signed a memorandum of understanding to study the development of a $3.1 billion green steel complex in the southern province of Tay Ninh.

Industries - Wed, July 8, 2026 | 4:25 pm GMT+7

Vietnam police minister urges Yamato Holdings to study investment in Gia Binh airport

Vietnam police minister urges Yamato Holdings to study investment in Gia Binh airport

Vietnam’s Minister of Public Security Luong Tam Quang has called on Japan’s Yamato Holdings to assess investment opportunities in warehousing and cargo transport systems at Gia Binh International Airport, while exploring potential cooperation and operational models with Vietnamese partners once the facility becomes operational.

Infrastructure - Wed, July 8, 2026 | 3:09 pm GMT+7

Vietnam real estate M&A favors quality, clear legal status assets as FDI priorities evolve

Vietnam real estate M&A favors quality, clear legal status assets as FDI priorities evolve

Vietnam's real estate M&A market continued to attract foreign capital in the first half of 2026 despite persistent global economic uncertainties, but foreign investors are increasingly targeting assets with clear legal status, stable cash flow, and strong operational performance, with data centers emerging as a key growth segment.

Real Estate - Wed, July 8, 2026 | 1:38 pm GMT+7

Central Vietnam hub Danang plans to tokenize nearly $4 bln in infrastructure projects to attract global capital

Central Vietnam hub Danang plans to tokenize nearly $4 bln in infrastructure projects to attract global capital

The Vietnam International Financial Center, located in the central city of Danang (VIFC Danang), plans to tokenize nearly $4 billion worth of infrastructure projects as part of a strategy to attract more global capital.

Economy - Wed, July 8, 2026 | 12:17 pm GMT+7

Computers, smartphones edge higher in price as AI memory boom tests Vietnam's ICT firms

Computers, smartphones edge higher in price as AI memory boom tests Vietnam's ICT firms

Rising memory chip prices driven by artificial intelligence are spreading from semiconductor manufacturers to consumer electronics brands such as Apple, Dell and ASUS, pushing up the prices of computers and smartphones.

Companies - Wed, July 8, 2026 | 8:00 am GMT+7