March 30, 2026 | 06:00

$45 mln residential complex breaks ground in downtown Hue city

Nguyễn Thuấn

Once completed, the complex is expected to accommodate a population of around 1,800 residents.

$45 mln residential complex breaks ground in downtown Hue city
Project rendering of the complex.

A groundbreaking ceremony for the Vlasta Premier - Phu Hoi housing project officially took place on March 29 in Thuan Hoa Ward, Hue City, central Vietnam.

Situated at the intersection of Tran Cao Van and Nguyen Tri Phuong streets, the project occupies a prime central location in the heart of the ancient capital of Vietnam.

The development is positioned at a strategic crossroads between Hue’s two distinct urban spaces: the historic heritage district north of the Huong River and the modern urban area to the south.

This location offers significant connectivity and is expected to drive commercial and service growth, especially given its proximity to the central pedestrian zone, which is ideal for cultural and tourism activities.

According to the developer, the project spans more than 17,213 sq.m with a total investment of approximately VND1.192 trillion (over $45 million). The master plan includes two apartment towers and seven rows of townhouses, set to deliver 482 apartments and 55 townhouses to the market. Once completed, the complex is expected to accommodate a population of around 1,800 residents.

Speaking at the groundbreaking ceremony, Vice Chairman of the Hue City People’s Committee, Phan Quy Phuong, emphasized that the project will do more than just increase the local housing supply. He highlighted that Vlasta Premier - Phu Hoi will serve as an architectural landmark, enhancing the quality of urban spaces and contributing significantly to the economic development of the local area.Gửi lên

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The original article is written and published on VnEconomy in Vietnamese, then translated into English by Askonomy – an AI platform developed by Vietnam Economic Times/VnEconomy – and published on En-VnEconomy. To read the full article, please use the Google Translate tool below to translate the content into your preferred language.
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