PRESS RELEASE: GROUNDBREAKING CEREMONY OF truc tiep bong da keo nha cai TIEN DUONG 1 SOCIAL HOUSING PROJECT (Commercial name: Tien Duong Park City)
On December 19, 2025, in a solemn atmosphere, concurrently across truc tiep bong da keo nha cai country, groundbreaking ceremonies, inaugurations, and technical traffic openings were held for 234 projects and works to celebrate truc tiep bong da keo nha cai 14th National Congress of truc tiep bong da keo nha cai Communist Party of Vietnam. On this occasion, truc tiep bong da keo nha cai Hanoi People’s Committee, in coordination with Vihoce Tien Duong Joint Stock Company, organized truc tiep bong da keo nha cai groundbreaking ceremony for truc tiep bong da keo nha cai Investment and Construction Project of truc tiep bong da keo nha cai Tien Duong 1 Social Housing Area (commercial name: Tien Duong Park City) in Le Phap Hamlet – Phuc Thinh Commune.
Tien Duong Park City is an investment project developed under truc tiep bong da keo nha cai model of an independent (concentrated) social housing – urban area, and is truc tiep bong da keo nha cai first large-scale project of its kind in truc tiep bong da keo nha cai Capital of Hanoi. This is one of truc tiep bong da keo nha cai works and projects with significant social meaning that were selected by truc tiep bong da keo nha cai Government and truc tiep bong da keo nha cai City of Hanoi to hold a groundbreaking ceremony in celebration of truc tiep bong da keo nha cai 14th National Congress of truc tiep bong da keo nha cai Communist Party of Vietnam. truc tiep bong da keo nha cai Tien Duong Park City investment project is formed with a full system of social infrastructure and technical infrastructure meeting truc tiep bong da keo nha cai standards of an urban area, and will provide approximately 3,103 modern-standard social housing apartments to address housing needs for about 12,400 people who are beneficiaries of truc tiep bong da keo nha cai State’s priority housing policies; at truc tiep bong da keo nha cai same time, it makes a practical contribution to truc tiep bong da keo nha cai program of developing 1 million social housing units as directed by truc tiep bong da keo nha cai Prime Minister.
Strategic location at truc tiep bong da keo nha cai dynamic northern development center of truc tiep bong da keo nha cai Capital
truc tiep bong da keo nha cai Tien Duong Park City social housing area is located at truc tiep bong da keo nha cai center of truc tiep bong da keo nha cai northern development region of Hanoi – an area that is rapidly transforming into a new growth pole for commerce, culture, and truc tiep bong da keo nha cai economy of truc tiep bong da keo nha cai Capital.
Situated on truc tiep bong da keo nha cai Vo Nguyen Giap axis within truc tiep bong da keo nha cai Nhat Tan – Noi Bai urban corridor, truc tiep bong da keo nha cai project possesses outstanding connectivity advantages: approximately 8 minutes to reach central Hanoi, about 15 minutes to Noi Bai Airport, along with convenient connections via Nhat Tan, Dong Tru, and Tu Lien bridges.
truc tiep bong da keo nha cai surrounding area of truc tiep bong da keo nha cai project is invested with synchronized infrastructure including national highways, ring roads, Metro lines No. 2, 4, and 10, alongside a network of service – education – healthcare centers such as Dong Anh General Hospital, school systems, commercial centers, and regional-scale entertainment facilities.
truc tiep bong da keo nha cai project also benefits from momentum generated by major planning schemes of truc tiep bong da keo nha cai northern area of truc tiep bong da keo nha cai City, including new urban subdivisions, administrative centers, and industrial – high-tech zones.
Thanks to its strategic triangular linkage coordinates: Central Hanoi – International Airport – Industrial and High-Tech Zones, Tien Duong Park City becomes an ideal choice for modern urban residents.
Large-scale project with a synchronized amenities system
According to truc tiep bong da keo nha cai Decision approving truc tiep bong da keo nha cai investment policy, truc tiep bong da keo nha cai project covers an area of 45 hectares with total housing demand for more than 12,465 residents. Upon completion, it will provide approximately 3,530 apartments, including 3,103 social housing units, 427 commercial apartment units, and 99 low-rise terraced houses.
truc tiep bong da keo nha cai project features a fully planned internal amenities system, including schools at all levels, commercial and service centers, green parks, sports areas, community activity zones, parking areas, and many other public spaces.
In addition, residents will benefit from a rich chain of external amenities such as Kim Quy Park, commercial centers, hospitals, education systems, and truc tiep bong da keo nha cai administrative – social infrastructure of truc tiep bong da keo nha cai northern part of truc tiep bong da keo nha cai City. With its large scale and modern, synchronized urban structure, Tien Duong Park City will be one of truc tiep bong da keo nha cai leading large-scale social housing projects in Hanoi at present.
Solid legal basis and a well-prepared development journey
truc tiep bong da keo nha cai project is implemented on a complete and stringent legal foundation, having been approved by truc tiep bong da keo nha cai City of Hanoi with a detailed 1/500 planning in 2018; truc tiep bong da keo nha cai investment policy was approved in 2024; and by September 2025, truc tiep bong da keo nha cai investor consortium consisting of Viglacera Corporation – JSC, Hoang Thanh Infrastructure Investment and Development Joint Stock Company, and Central Construction Joint Stock Company was officially selected.
On December 1, 2025, truc tiep bong da keo nha cai City People’s Committee assigned Vihoce Joint Stock Company – an enterprise established by truc tiep bong da keo nha cai Consortium – as truc tiep bong da keo nha cai direct investor to implement truc tiep bong da keo nha cai project.
truc tiep bong da keo nha cai project is implemented from 2024 to 2030, with an operating term of 50 years from truc tiep bong da keo nha cai time truc tiep bong da keo nha cai investor is allocated or leased land, ensuring full compliance with legal procedures and regulations and receiving close coordination from departments, sectors, and local authorities.
Green materials & outstanding urban amenities
As with all projects invested in by Viglacera, truc tiep bong da keo nha cai Tien Duong Park City Social Housing Project uses Viglacera’s ecosystem of green building materials in construction, including energy-saving glass, autoclaved aerated concrete, ALC panels with reinforced steel cores, high-quality tiles, and water-saving sanitary ware. These materials offer good thermal and sound insulation, save energy, enhance building durability, and reduce emissions during construction.
In addition to green materials, truc tiep bong da keo nha cai application of other environmentally friendly solutions will help truc tiep bong da keo nha cai project move toward green urban standards, creating a safe, modern, and efficient living space for residents.
Within truc tiep bong da keo nha cai overall urban structure, this area is sufficiently distanced from truc tiep bong da keo nha cai bustling city center. Tien Duong Park City is fully located within a peaceful spatial zone, helping residents regenerate energy after stressful working days. With truc tiep bong da keo nha cai goal of creating an “ideal living space,” truc tiep bong da keo nha cai project offers a complete living experience thanks to a synchronized, international-standard amenities system, including themed green parks, food streets, commercial centers, plazas, sports and entertainment areas, cinemas, etc.
Commitments of truc tiep bong da keo nha cai investor
Vihoce Tien Duong Joint Stock Company was established by truc tiep bong da keo nha cai Consortium comprising Viglacera Corporation – JSC, Hoang Thanh Infrastructure Investment and Development Joint Stock Company, and Central Construction Joint Stock Company. These are units with extensive experience in urban infrastructure and social housing development.
As truc tiep bong da keo nha cai direct investor, truc tiep bong da keo nha cai Company commits to implementing truc tiep bong da keo nha cai project on schedule, complying with legal regulations, ensuring construction quality and labor safety, and transparently executing project management processes.
truc tiep bong da keo nha cai investor’s development philosophy emphasizes construction quality, long-term sustainability, and social effectiveness, together with truc tiep bong da keo nha cai application of advanced construction technologies and digital transformation throughout truc tiep bong da keo nha cai project’s implementation and operation phases.
truc tiep bong da keo nha cai total capital contribution of truc tiep bong da keo nha cai three investors in truc tiep bong da keo nha cai Consortium is VND 1,500 billion, of which Viglacera holds 55% (VND 825 billion), Hoang Thanh 30% (VND 450 billion), and Central 15% (VND 225 billion). truc tiep bong da keo nha cai investor’s contributed capital accounts for 16.1% of truc tiep bong da keo nha cai project’s estimated total investment; truc tiep bong da keo nha cai remaining portion is mobilized capital of approximately VND 7,807.422 billion, accounting for 83.9%.
As truc tiep bong da keo nha cai leading entity in truc tiep bong da keo nha cai Consortium, Viglacera Corporation – JSC is a core enterprise in truc tiep bong da keo nha cai construction industry and a reputable investor, particularly pioneering in truc tiep bong da keo nha cai development of social housing. Viglacera aims for sustainable development, linking social responsibility with business operations. In its long-term development strategy, Viglacera plans to invest in 50,000 social housing units, making an important contribution to truc tiep bong da keo nha cai Ministry of Construction’s target of 1 million units by 2030. All projects are synchronously planned, ensuring modern technical infrastructure and a full system of amenities, creating civilized and high-quality living spaces.
Many projects implemented by Viglacera have been honored as green architecture projects, becoming exemplary models in social housing development, not only improving community living quality but also contributing to promoting sustainable urbanization.
A representative project in Hanoi’s social housing development strategy
With its strategic location, large scale, synchronized amenities, and sustainable development orientation, truc tiep bong da keo nha cai Tien Duong Park City Social Housing Area is expected to become a representative project in truc tiep bong da keo nha cai Capital’s social housing development program. truc tiep bong da keo nha cai project not only increases housing supply for low-income earners, workers, and laborers, but also contributes to building a civilized and stable residential community associated with truc tiep bong da keo nha cai future development of truc tiep bong da keo nha cai northern urban area of Hanoi.
Today’s groundbreaking ceremony opens a journey to create a green, humane, and sustainable urban area, in line with truc tiep bong da keo nha cai City’s long-term development goals.
Contact: Vihoce Tien Duong Joint Stock CompanyAddress: 14th Floor, Viglacera Building, No. 1 Thang Long Boulevard, Dai Mo Ward, HanoiEmail: vihocetienduong@gmail.comTel: 02432077018
