Sun Group to commence construction on 5 landmark projects worth $5.7 bln

Sun Group is scheduled to start construction of five large-scale projects across Vietnam’s three regions on Friday, with a total investment of nearly $5.7 billion.

This will part of a nationwide program of groundbreaking ceremonies, inaugurations, and technical openings for 234 key projects held to mark the 14th National Congress of the Communist Party of Vietnam.

Phu Quoc to become Vietnam’s first destination with an urban LRT system

Phase 1 of the Phu Quoc Light Rail Transit (LRT) project, with total investment capital of approximately $342 million, is a strategic transport infrastructure development.

It will play an important role in the orientation to develop Phu Quoc into an international tourism, service and events hub. The project will also make the island the first locality in Vietnam to operate an urban LRT system.

TThe LRT line is nearly 18 kilometres long, designed for operating speeds of 70-100 km/h and a transport capacity of 4,500 passengers per hour. The route includes 0.78 km of elevated track, 14.81 km at ground level, and 2 km underground.

It will directly connect Phu Quoc International Airport with the APEC Boulevard and lead straight to the APEC Convention Centre, ensuring fast and convenient connectivity for international-scale events while meeting smart transport and operational safety standards.

Phu Quoc will become Vietnam’s first destination to feature an urban LRT system.

Phu Quoc will become Vietnam’s first destination to feature an urban LRT system.

The line will feature six stations, including five ground-level stations and one underground station at the APEC Convention Centre. Once completed in the second quarter of 2027, the project is expected to help ease traffic pressure, promote a shift toward green public transport, and enhance Phu Quoc’s image as a modern and smart destination approaching regional and international standards.

$2 billion casino-integrated tourism complex to take shape in Van Don

The high-end integrated tourism and services complex with casino in the Van Don Economic Zone, Quang Ninh province covers a total area of 244.45 hectares, with total investment capital of up to $2 billion.

The project aims to develop a premium integrated resort and entertainment complex with gaming (under a pilot scheme allowing Vietnamese participation), featuring key activities including casino operations, tourism services, hotels, resorts, condotels and commercial townhouses, shopping centres, office buildings, conference and exhibition facilities, sports complexes, entertainment venues, and high-quality healthcare and wellness services.

Integrated tourism and service complex with a casino in Van Don Economic Zone, Quang Ninh province, northern Vietnam.

Integrated tourism and service complex with a casino in Van Don Economic Zone, Quang Ninh province, northern Vietnam.

Beyond its casino component, the project integrates tourism, resort and service activities to form a closed ecosystem targeting international visitors as well as Vietnam’s growing middle- and upper-income segments.

The complex is also expected to host large-scale international art performances and vibrant day-and-night entertainment activities, with the ambition of positioning Van Don as a destination with appeal comparable to Macau (China) or Las Vegas (the United States).

Gia Binh Airport-Hanoi road, a new lifeline for the capital

The investment project to build the road connecting Gia Binh Airport with Hanoi is a strategic transport infrastructure project aligned with the orientation for spatial development of the Capital Region and the Bac Ninh-Hanoi area.

The route will pass through Hanoi and Bac Ninh province, with a cross-section width of up to 120 meters. The total length within Hanoi is approximately 13.55 kilometres, including newly built sections and expanded sections overlapping existing routes, along with connecting branches linking to the approach roads of Tu Lien Bridge. The total investment for the project is approximately $1.25 billion.

Illustration of the project to build a road connecting Gia Binh International Airport in Bac Ninh province with the capital city of Hanoi, northern Vietnam.

Illustration of the project to build a road connecting Gia Binh International Airport in Bac Ninh province with the capital city of Hanoi, northern Vietnam.

Once completed, the route will create the shortest and most modern connection from Gia Binh Airport to central Hanoi, contributing to completing the capital’s external transport network. It will help ease pressure on Noi Bai International Airport, and open up new socio-economic development space for the capital’s gateway area.

To Lich River park redevelopment to reshape Hanoi’s urban landscape

The project to renovate, upgrade and redevelop parks along both banks of the To Lich River has total investment of approximately $177 million. It is an important infrastructure and landscape project contributing to restructuring the urban space, creating a symbolic green landscape axis and improving the living quality in central Hanoi.

Illustration of the project to renovate, upgrade and redevelop parks along both banks of the To Lich River in Hanoi.

Illustration of the project to renovate, upgrade and redevelop parks along both banks of the To Lich River in Hanoi.

The project will comprehensively upgrade road surfaces, pavements, squares, pedestrian walkways, cycling paths, parking areas, playgrounds and sports facilities, forming a continuous system of public spaces that are safe and aesthetically pleasing.

In parallel, architectural highlights such as artistic pedestrian bridges, boat piers, observation decks, exhibition spaces, and café and restaurant services will be developed.

The project will also add layers of shade trees, aquatic plants and green areas, contributing to environmental improvement, erosion control and the restoration of the To Lich River ecosystem.

An Tay project cluster emerges as Ho Chi Minh City’s largest urban-port development

Located in Tay Nam and Phu An wards, the An Tay cluster of four projects covers a total area of 724 hectares, with total investment capital of approximately $1.95 billion. The development is oriented toward forming a modern urban-port centre, contributing to expanding development space for Ho Chi Minh City.

Illustration of the 724-hectare An Tay “port city” project cluster officially launched in HCMC, southern Vietnam.

Illustration of the 724-hectare An Tay “port city” project cluster officially launched in HCMC, southern Vietnam.

The project cluster occupies a strategic location connecting major transport corridors, including Ring Road 4, the DT.744 provincial route, a future urban railway line and the Saigon River waterway.

This network is expected to strengthen connectivity between Ho Chi Minh City and neighboring localities such as former Binh Duong, Dong Nai and Long An, while creating conditions for the development of regional logistics and river-based tourism.

High-rise architectural highlights integrated with a green and sustainable urban space at the An Tay “port city” project in HCMC.

High-rise architectural highlights integrated with a green and sustainable urban space at the An Tay “port city” project in HCMC.

Each urban area within the cluster is designed with its own distinct characteristics. Bac An Tay is positioned as a modern architectural focal point with landmark high-rise buildings; Dong An Tay is oriented toward an ecological urban area with a high proportion of green space and diversified housing; and Tay An Tay leverages riverside advantages with large-scale landscape parks.

Notably, An Tay General Port is expected to serve as the economic driver of the entire cluster, connecting key inland waterway routes and contributing to strengthening regional economic linkages and enhancing the area’s position on the Southern logistics map.

By simultaneously launching a series of large-scale and strategically important projects, Sun Group continues to reaffirm its position as one of Vietnam’s leading developers, while standing as a clear example of the role played by the private sector in national construction and development.

Thai Ha