NAM VINH YEN NEW URBAN AREA PROJECT: 346 PLOTS ELIGIBLE FOR TRANSFER

On April 15^th, 2025, the People's Committee of Vinh Phuc Province issued Official Letter No. 2852/UBND-CN3, confirming that 346 plots in Phase 1 of the Nam Vinh Yen New Urban Area Project have met all technical infrastructure requirements for transfer to individuals for residential construction.

Among the 346 eligible plots, 7 are located in Sub-area 1 and 339 in Sub-area 2, with a total marketable land area of 51,419 m². Based on current pricing, DIC Group anticipates approximately 853 billion VND in revenue from this transfer round. This marks a significant milestone in boosting the company’s 2025 revenue growth and improving cash flow.

Developed by DIC Group, Phase 1 of the Nam Vinh Yen New Urban Area spans 190 hectares with a total investment of 20,281 billion VND. Designed as a modern, fully integrated urban model, the project not only enhances living standards for local residents but also expands investment opportunities in the northern real estate market.

Overview of the Nam Vinh Yen New Urban Area Project

According to the Q1/2025 report by the Vietnam Association of Realtors (VARS), the real estate market shows clear recovery signs, with total supply increasing by 33% year-on-year. In this context, projects with transparent legal status and complete infrastructure—like Nam Vinh Yen—continue to be highly regarded for their liquidity and medium-to-long-term appreciation potential.

With an expected 853 billion VND revenue from the 346 transfer-ready plots, Phase 1 of Nam Vinh Yen is poised to become a key contributor to DIC Group’s 2025 financial performance, reinforcing its position in the market.

Media and Communication Department