Property

The complex will cover approximately 2.46 ha and provide a total of 1,166 apartments.

The 75-ha project carries a total investment of nearly VND447 billion (about $17 million).

The science and technology ministry proposed an additional incentive: a "total land rent exemption for the entire lease term for strategic technology R&D centers, high-tech R&D centers, and strategic technology enterprises."

The projects are expected to strengthen transport connectivity and economic integration across Vietnam's southeastern region.

The projects form part of the city's broader strategy to increase the supply of social housing for low- and middle-income residents.

The two projects spanning over 800ha within the central city's Free Trade Zone.