Inspecting a series of projects of the 'big guys' in the construction and real estate industry

In Hanoi , many projects of the "big guys" in the construction industry are subject to this inspection. Notably, there are 4 projects invested by the Housing and Urban Development Investment Corporation, including: Linh Dam Lake Southwest New Urban Area (49.2 hectares, total capital of 2,147 billion VND); Van Canh Urban Area (69.8 hectares, total capital of 1,367 billion VND); Phap Van - Tu Hiep Urban Area (57.1 hectares); Linh Dam Integrated Service Urban Area (57.1 hectares).

Many projects under the Housing and Urban Development Corporation (HUD) are subject to inspection.

In addition, many projects of other large enterprises were also included in the inspection list, such as: Dang Xa 2 New Urban Area (39 hectares) implemented by Viglacera Corporation; Van Khe New Urban Area Expansion (Usilk City, 9.2 hectares, capital of 291 billion VND) invested by Song Da Thang Long Joint Stock Company; Vicem Operation and Transaction Center Project (investment capital of 2,743 billion VND) of Vietnam Cement Corporation.

Many of these projects are related to the field of real estate investment and business, notably: Quang Minh residential area for sale (21.4 hectares, capital of 389 billion VND) invested by Construction Joint Stock Company No. 2; Sky Lake Golf and Resort project (177 hectares, capital of 352 billion VND) in Chuong My district invested by DK ENC Company Limited; Cienco 5 urban area (67.8 hectares, capital of 296 billion VND); Housing area for low-income people (14.4 hectares, capital of 134.6 billion VND) of VIDEC Group Joint Stock Company.

In addition to Hanoi, many other projects across the country are also subject to inspection. Notable projects include projects in localities such as: North Ha Tinh City Urban Residential Area (Ha Tinh); Apartment and Office for Lease Complex (Khanh Hoa); Residential Area No. 5, Ward 4, Da Lat City (Lam Dong); Phu My Urban Area (Quang Ngai).

The Government Inspectorate also inspected other large-scale projects with signs of waste and loss such as: Phong Dien - Viglacera Industrial Park (Thua Thien Hue); Tan Lap Islet Residential Area (Khanh Hoa, 7.9 hectares, investment capital of VND 2,718 billion) invested by Song Da Thang Long and Song Da Nha Trang Joint Stock Company; Hung Thinh Urban Area (Golden Bay, 78.8 hectares, capital of VND 1,932 billion) invested by Hung Thinh Group; Bac Cuong Commercial Urban Area Project (Lao Cai) invested by Bitexco; Dam Coi and Bac Dam Vac New Urban Area (Phu Tho); Nam Hoi An Resort (Da Nang); Urban Sub-area No. 16 (Lao Cai, 42 hectares, capital of VND 1,378 billion); Song Cong Urban Area (Thai Nguyen, 38.7 hectares, capital of VND 695 billion) invested by Kosy Joint Stock Company.

According to the plan, the inspection will be carried out in all provinces and cities, with the largest scale in recent years. A total of 145 projects implemented by central ministries, branches, corporations, and state-owned corporations and 750 projects in localities are on the inspection list. The objective of the inspection is to clearly identify the causes of obstacles and delays; clarify existing problems in policies and mechanisms, thereby proposing amendments, supplements, and recommendations for handling of legal violations (if any).