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Hai Phong gives approval to three firms for pilot real estate developments

Hai Phong News 08/05/2026 23:42

The Hai Phong People’s Committee has approved three enterprises to implement pilot real estate projects under National Assembly Resolution 171.

The implementation of pilot real estate projects is expected to create additional commercial housing supply in Hai Phong City.

The Hai Phong People’s Committee has approved three real estate enterprises to implement pilot projects under National Assembly Resolution No. 171/2024.

The approved companies are Petrol Transport and Supply JSC, Hai Phong Export Goods Trading JSC, and Thanh Dong Real Estate JSC.

The approval is based on the list of land plots proposed for pilot projects, which was passed by the City People’s Council under Resolution No. 15 dated April 20, 2026.

The City People’s Committee assigned the Department of Agriculture and Environment to publicize the list of proposed land plots through mass media channels and guide enterprises in carrying out procedures for project implementation in accordance with regulations.

The Department of Agriculture and Environment is also responsible for reviewing and notifying cases where projects fail to meet the conditions for inclusion in the pilot list, while coordinating with local authorities and relevant units to propose additional eligible land plots for pilot implementation in accordance with National Assembly regulations.

The City People’s Committee requested departments, sectors, local authorities, and related organizations to facilitate the implementation of projects in compliance with legal regulations.

National Assembly Resolution No. 171/2024 allows pilot implementation of commercial housing projects through agreements on land-use rights acquisition or on land already under lawful land-use rights. Based on this resolution, the Hai Phong People’s Council issued Resolution No. 15 approving a list of three pilot land plots located in Ngo Quyen, An Bien, and Chu Van An wards, covering a total area of more than 6.2 hectares with estimated total investment capital of nearly VND 1.287 trillion.

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Hai Phong gives approval to three firms for pilot real estate developments