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On the afternoon of October 22, Vu Viet Van, Member of the Provincial Party Standing Committee and Vice Chairman of the Provincial People’s Committee, chaired a meeting to hear the Department of Construction report on the appraisal results for the investment policy approval and the simultaneous designation of the investor for the Van Co High-Rise Social Housing Project in Nong Trang Ward. The meeting was attended by leaders of relevant departments, agencies, local authorities and representatives of businesses.

Vice Chairman of the Provincial People’s Committee Vu Viet Van gives directions on the Van Co High-Rise Social Housing Project.
The Van Co High-Rise Social Housing Project has been proposed for investment by Viettel Construction Joint Stock Corporation. The project covers approximately 4,347.6 square meters of land, with an estimated total investment of VND 394.32 billion.
The project comprises a 15-story social housing building with two basement levels and one rooftop level, providing approximately 269 apartments to accommodate around 968 people. It also includes synchronized technical infrastructure and an outdoor smart parking facility.
The project is expected to be implemented from the fourth quarter of 2026 to the fourth quarter of 2028. It is located in Nong Trang Ward, on a land plot managed by the Phu Tho Land Fund Development Center and transferred from the former office of the Regional Vinh Phu State Reserve Department.

Leaders of the Department of Construction report on key issues at the meeting.
The Department of Construction has appraised the project dossier and consolidated opinions from relevant agencies and units regarding planning, land use, the investor’s financial capacity, technical infrastructure, environmental protection and other project implementation requirements. Based on the appraisal results, Viettel Construction Joint Stock Corporation was assessed as meeting the conditions for designation as the project investor in accordance with regulations.
The project aims to increase the supply of social housing to meet the housing needs of low-income earners, industrial workers, employees and other eligible beneficiaries of social housing support policies. It will also contribute to achieving the province’s social housing development targets for the 2026–2030 period.
Based on the appraisal results, the Department of Construction proposed that the Provincial People’s Committee consider approving the investment policy and simultaneously designating Viettel Construction Joint Stock Corporation as the investor for the Van Co High-Rise Social Housing Project.

Leaders of the Department of Finance speak at the meeting.
Concluding the meeting, Vice Chairman of the Provincial People’s Committee Vu Viet Van requested that relevant departments, agencies and units continue reviewing and completing all necessary conditions to ensure the project is implemented in accordance with regulations. The Phu Tho Land Fund Development Center was assigned to take the lead, in coordination with relevant agencies, in reviewing and proposing measures for handling assets on the land in accordance with regulations. The Department of Construction was instructed to fully incorporate the opinions raised at the meeting, review and finalize the project dossier, and submit it to the Provincial People’s Committee for consideration.

Overview of the meeting.
The Vice Chairman also emphasized that, during the finalization of the project dossier, the current status of the transport network connecting the project with surrounding areas must be clearly assessed and described. Appropriate plans for investing in, renovating or upgrading transport infrastructure should be studied and proposed where necessary to ensure effective connectivity and meet residents’ travel needs.
In addition, careful calculations must be made regarding electricity supply, water supply and drainage to ensure that the project’s technical infrastructure is properly integrated with the existing infrastructure in the surrounding area and can meet long-term operational needs once the project comes into service.
Le Hoang
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