Vingroup Group has officially started construction of the Can Gio Coastal Urban Tourism Project, spanning 2,870 hectares, with the vision to become a world-leading ESG urban model.

Located in Long Hoa Commune and Can Thanh Town, Can Gio District, Ho Chi Minh City,  the urban area will accommodate an estimated population of approximately 230,000 people.

Speaking at the ceremony, Vice Chairman of the Ho Chi Minh City (HCMC) People's Committee Duong Ngoc Hai noted that HCMC is entering a new development phase, driven by strategic goals in urban space, economic models, and quality of life.

He emphasized that the development of the coastal ecological urban area is a breakthrough direction  that is consistent with Resolution No. 36-NQ/TW of the Party Central Committee on the sustainable development of Vietnam's marine economy towards 2030, with a vision to 2045.

The project aims to establish a coastal tourism and resort urban area, a smart city, high-tech services, housing, and hotels capable of welcoming 8–9 million tourists annually.

The project includes land reclamation for 1,357 ha, with a site leveling area of 906 ha at an elevation above 2.9 m.

Developed according to the ESG (Environmental–Social–Governance) urban model, the project prioritizes harmony between people, nature, and technology to achieve sustainable development and maximize the advantages of the natural ecosystem.

To further enhance connectivity, Vingroup has proposed the construction of a 48.5 km metro line connecting Nguyen Van Linh Boulevard in District 7 (HCMC) to the Can Gio Coastal Urban Tourism Project, with a total estimated investment of approximately $4 billion.