Vincom Retail proposes to invest in a trade and housing center in Van Don

Quang Ninh People’s Committee is considering the proposal of Vincom Retail Joint Stock Company on this company proposed to study the planning and investment of a commercial center and low-rise housing project in Cai Rong town, Van Don district.
Vincom Retail đề xuất đầu tư trung tâm thương mại và nhà ở tại Vân Đồn
Vincom Retail proposes to research and invest in a commercial center and low-rise housing project in Cai Rong town.
Quang Ninh People’s Committee has just issued a written response to Vincom Retail Joint Stock Company ‘s proposal for researching the planning and investment of a commercial center and low-rise housing project in Cai Rong town, Van Don district. Accordingly, the People’s Committee of Quang Ninh province assigned the Management Board of the economic zone to lead and coordinate with relevant departments, the People’s Committee of Van Don district to consider the proposal of Vincom Retail sent on June 25, 2019 for the research proposal.
planning and investing in a commercial center and low-rise housing project in Cai Rong town. At the same time, the Economic Zone Authority is responsible for summarizing and reporting to the provincial People’s Committee for consideration according to the working regulations.
The reporting period is before July 15, 2019. Vincom Retail’s proposal marks the ‘first step’ of the member company of Vingroup into Van Don economic zone. Van Don is currently the investment destination of many big real estate businesses, such as Sun Group with Van Don international airport project, 13km main road in Van Don, resort with Van Don casino; or CEO Group with Sonasea Van Don Harbor City project.

In Cai Rong and Van Don towns, a number of new urban projects have been implemented synchronously in infrastructure such as Vuong Long new urban area next to the position of Vincom Retail which is studying the planning of investment projects and projects.

Thong Nhat new urban area. With the proposal in Van Don, Vincom Retail continues to expand its investment in a trade and housing center in Quang Ninh, which has put into use Vincom shopping center in Ha Long and Mong Cai cities, and is developing develop housing and trade center in Cam Pha city. In 2019, Vincom Retail plans to open 13 new shopping centers, reaching 79 commercial centers and the total retail floor area of ​​approximately 1.7 million m2 nationwide.

Commercial center projects are located between urban areas and complex services.

Vincom Center is located in prime locations, Vincom Mega Mall is located in the megacities, Vincom Plaza is in a 5-star hotel complex or luxury apartments, Vincom + comes with commercial townhouses. Besides focusing on developing the system of Vincom Mega Mall and Vincom Center shopping malls in two big cities, Hanoi and Ho Chi Minh City. HCM City, Vincom Retail is also expanding to the provincial markets through the models of Vincom Plaza and Vincom +.

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