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Vingroup Simultaneously Launches and Inaugurates 11 Key Projects in Vietnam
Among these activities, the groundbreaking ceremony of Vingroup’s Olympic Sports Urban Area Investment and Construction Project in Hanoi served as the central broadcast location for the live-televised program marking the commencement, inauguration, and technical opening of projects and works celebrating the 14th National Congress of the Communist Party of Vietnam. The event was honored by the presence of Prime Minister Pham Minh Chinh, Secretary of Hanoi Party Committee Nguyen Duy Ngoc, along with leaders of the Party and State, leaders of central ministries and agencies, and the leadership of Hanoi.
Speaking at the event, Prime Minister Pham Minh Chinh emphasized that the projects and works commenced, inaugurated, and technically opened on this occasion are large-scale developments with complex technical requirements, playing a particularly important role in socio-economic development, with several record-setting features. First, they represent the largest total investment ever, amounting to 3.4 quadrillion VND. Second, they feature the highest level of private sector participation, with nearly 2.8 quadrillion VND, accounting for 82% of total investment. Third, they include the single largest investment project to date, the Olympic Sports Urban Area, with total capital of 925 trillion VND.
“These are critical foundations for a synchronized and modern infrastructure system that meets the country’s development needs in the new era. They are key links in the effort to build a peaceful, stable, deeply integrated, prosperous, civilized, thriving, and happy Vietnam, steadfastly advancing towards socialism,” the Prime Minister said.
The Olympic Sports Urban Area investment and construction project covers more than 9,171 hectares, with total investment of approximately VND 925 trillion. This marks the largest urban area in Vietnam, spanning 11 communes. Located at the southern gateway of Hanoi, the Olympic Sports Urban Area sits at the intersection of Ring Road 3.5, Ring Road 4, National Highway 1A, the Phap Van – Cau Gie expressway, and especially adjacent to Ngoc Hoi Station, opening significant potential for sports urban development integrated with modern public transport.
The project is planned into four zones with the goal of creating a sports city and service city associated with a world-class sports complex, enhancing Hanoi’s position on the continental and global sports and cultural map and creating sustainable development momentum for decades.
The heart of the sports complex is a national-level facility, the Trong Dong Stadium, developed on an area of 73.3 hectares with a capacity of up to 135,000 seats. It is designed as a FIFA-standard stadium with the world’s largest seating capacity and the largest fully retractable roof. Beyond its record-breaking scale, Trong Dong Stadium is also one of the most distinctive stadiums globally, featuring design elements inspired by Vietnamese culture, richly incorporating Dong Son bronze drum motifs, creating a structure that is both modern and symbolic of Vietnamese spirit.
Notably, the stadium is positioned as a green and smart facility, integrating AI with the ability to replace the pitch surface within 6-10 hours; smart seats connected via 5G; real-time security and crowd management; water collection and recycling systems saving 70% of clean water; heat and UV resistance; and natural ventilation to reduce air conditioning energy consumption and noise. The stadium also includes a dedicated VVIP area meeting standards for hosting international heads of state at major events.
The Trong Dong Stadium is expected to be completed in August 2028.
In urban development, alongside Hanoi, in Quang Ninh Province, Vingroup and Vinhomes have broken ground on the Ha Long Xanh integrated urban project in Ha An Ward, Quang Ninh Province. Located adjacent to Ha Long Bay, a UNESCO World Heritage site, with a total scale of more than 4,100 hectares, among the largest in Vietnam, Ha Long Xanh is planned as a “globally-connected wonder city by the heritage bay.” The project is connected domestically and internationally by the Hanoi – Hai Phong – Ha Long – Van Don – Mong Cai expressway, a network of airports and international seaports, and especially the Hanoi – Quang Ninh high-speed railway currently registered for investment by VinSpeed High-Speed Railway Investment and Development Joint Stock Company. The Ha Long Xanh integrated urban area is expected to bring its first components into operation from 2028.
Following the Ha Long Xanh coastal mega city, a consortium of investors including Vinhomes Joint Stock Company, Cam Ranh Investment Joint Stock Company, and VinES Energy Solutions Joint Stock Company has broken ground on the Cam Ranh Bay Coastal Urban Area project. Covering more than 1,254 hectares, the project is planned to maximally preserve the pristine beauty of one of the world’s most beautiful bays, positioning Cam Ranh as an ideal place of residence for elite communities both domestically and internationally, while elevating Khanh Hoa’s standing in the South Central Coast region.
The next urban project launched is the Song Tri Ward Urban Area in Ha Tinh, covering 84.12 hectares. With an integrated system of schools, medical centers, parks, and commercial and entertainment facilities, the Song Tri Ward Urban Area is one of the largest urban projects in the locality, contributing to improved quality of life for residents.
In the social housing segment, Vingroup continues to affirm its pioneering role by breaking ground on the Social Housing Project in Pho Hien Ward, Hung Yen Province, covering 31.1 hectares with 25 apartment buildings. Beyond meeting essential housing needs for workers, the project provides an integrated and superior all in one amenities system including schools, medical facilities, parks, and parking areas. The project is expected to be handed over in 2027.
On the same day, in Nghe An, Vincom Plaza Vinh is officially inaugurated, marking the presence of the 90th Vincom shopping center nationwide and standing as one of the most modern shopping centers in the North Central region. Located on Quang Trung Street, with a total floor area of more than 25,000 square meters forming the podium of a 37-story five-star hotel tower, a new symbol of the city, Vincom Plaza Vinh is not only a leading shopping, dining, and entertainment destination for local residents and visitors, but also the first of its kind in Nghe An to offer a fresh cultural experience space.
In the infrastructure sector, Vingroup officially broke ground on the Tuan Chau Public Park project in Tuan Chau Ward and Viet Hung Ward, Quang Ninh Province. This is a mega ecological, cultural, and sports park with a scale of more than 626 hectares, the largest in the country. The park is planned into four themed zones: Festival Park with a family connection theme; Sports Arena Park with a sports theme; Discovery Park with physical challenge activities; and Tranquil Forest Park with wellness and public forest themes. Each park’s design optimally leverages Ha Long’s mountain, forest, and green bay characteristics to deliver diverse experiences that combine sports activities, family and friend connections, nature exploration, energy renewal, and a balanced lifestyle within a modern urban rhythm.
The Tuan Chau Public Park is expected to come into operation in 2028, marking an important step in Vingroup’s strategy to create green, experience-rich spaces that deliver sustainable health and mental value for residents and visitors, while promoting tourism development in Northern Vietnam.
At the same time, at the Vinhomes Green Paradise Can Gio mega urban area in Ho Chi Minh City, the groundbreaking ceremony for the Ben Thanh – Can Gio railway project also took place. This is the first high-speed railway project in Vietnam. The line has a length of 54 km, a maximum speed of 350 km/h, with its starting point at Ben Thanh and its terminus at Vinhomes Green Paradise Can Gio. Once operational, expected in the fourth quarter of 2028, the line will open a new era for national railway infrastructure, driving development in commerce, tourism, real estate, and especially the marine economy for Ho Chi Minh City and the entire Southeast region.
In the green energy sector, VinEnergo Energy Joint Stock Company launched two large-scale projects including the Eco Wind Ky Anh Wind Power Plant and the Ky Anh Wind Power Plant. The Eco Wind Ky Anh Wind Power Plant has a capacity of 498 MW with expected annual output of 1,322.4 GWh. The Ky Anh Wind Power Plant has a capacity of 400 MW and is expected to supply approximately 1,053.3 GWh per year. Both plants will build substations and double-circuit 500 kV transmission lines to connect to the Ha Tinh – Vung Ang 500 kV line, contributing to national electricity output.
With total output of more than 2,375 GWh of renewable electricity per year and commercial operation expected in the fourth quarter of 2028, the two wind power plants mark a strategic step in clean energy transition and the realization of Vietnam’s Net Zero goal by 2050.
Also in Vung Ang, Vingroup officially launched the VinMetal steel manufacturing plant, marking a milestone in heavy industry. With phase one capacity of 5-6 million tons per year and total capacity across three phases reaching 20 million tons per year, VinMetal aims to become a leading high-technology steel complex in the region, producing hot-rolled steel, steel plates, special alloy steel, rail steel, and structural steel meeting international standards, which are strategic materials for Vietnam’s industrial development. The plant strictly complies with environmental regulations and is developed using an integrated BF-BOF large-scale steelmaking process.
The plant is expected to begin operation in 2027, enabling Vingroup to secure its own steel supply for real estate, infrastructure, and industrial manufacturing projects within the Vingroup ecosystem, while targeting exports. The plant will also create livelihoods for thousands of workers, positioning Ha Tinh as a new metallurgical center of the country.
With the simultaneous commencement and inauguration of 11 projects, Vingroup not only creates growth momentum, contributes to transforming urban landscapes, and accelerates national industrialization and modernization, affirming the service spirit and visionary capacity of the private enterprise sector, but also joins the Government in realizing the goal of placing Vietnam among the world’s top 30 economies by 2030.
Hashtag: #Vingroup
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Media OutReach
GIA Acquires 30% Shareholding in Diamond Provenance Blockchain Platform Tracr
Investment by leading industry institute supports Tracr’s evolution to becoming an independent, industry-wide platform for natural diamond provenance
LAS VEGAS, US – Media OutReach Newswire – 9 June 2026 – De Beers Group and GIA (Gemological Institute of America) today announced the signing of a definitive agreement for GIA to acquire a 30 per cent shareholding in Tracr, the De Beers Group-backed company behind the development of the pioneering diamond provenance blockchain-driven platform.
The agreement marks a significant milestone in Tracr’s evolution towards independence and reflects GIA’s confidence in the platform’s role as an industry-wide infrastructure to advance natural diamond provenance and traceability at scale.
GIA’s investment – which builds on a 2023 initiative to include diamond provenance information registered on Tracr’s platform on eligible GIA diamond grading reports – represents a significant step in this transition, reinforcing Tracr’s long-term credibility across the diamond value chain.
Al Cook, CEO of De Beers Group, said: “Consumers deserve to know where their diamonds come from and they should feel more confident in their understanding of each diamond’s source. At De Beers we have been providing provenance data on diamonds through Tracr for several years and we believe that delivering provenance should become an industry standard. Following our promise to open Tracr up to broad ownership, we are proud to be partnering with GIA as Tracr evolves into an independent, industry-wide platform. We will work alongside GIA to advance provenance transparency for the entire diamond sector.”
Pritesh Patel, President and CEO of GIA, said: “At GIA, our mission has always been rooted in trust, integrity, and consumer confidence. Our collaboration with Tracr over the past several years reinforced our belief that combining source-based blockchain provenance with GIA’s independent grading and identification expertise can help unlock a new level of transparency for the diamond industry. As Tracr continues to scale globally, we see a tremendous opportunity to deliver meaningful, verifiable provenance information from the source to the consumer. We are proud to deepen our commitment through this investment and help shape the next evolution of transparency, traceability, and trust across our industry.”
Jillian Wolk, CEO of Tracr, said: “The start of Tracr’s evolution into an independent platform, as a result of GIA’s investment, creates a strong foundation for the future. I am excited to continue scaling the platform and bringing more producers on board, which will support Tracr in enabling the individual journey of every registered diamond to come to life. Each stone carries its own narrative, defined by its source and the craftsmanship that has shaped it, and as Tracr continues to grow we have a fantastic opportunity to help reveal those unique stories.”
Today, more than five million rough diamonds have been registered on Tracr at source, representing around two-thirds of De Beers’rough diamond production by value. Since January 2025, single country of origin for De Beers diamonds has been available on Tracr, with all newly sourced De Beers rough diamonds of one carat and above being registered on the platform.
Hashtag: #NaturalDiamonds #Diamonds #DeBeersGroup #GIA #Tracr
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About De Beers Group
Established in 1888, De Beers Group is the world’s leading diamond company with expertise in the exploration, mining, marketing and retailing of diamonds. Together with its joint venture partners, De Beers Group employs more than 20,000 people across the diamond pipeline and is the world’s largest diamond producer by value, with diamond mining operations in Botswana, Canada, Namibia and South Africa. Innovation sits at the heart of De Beers Group’s strategy as it develops a portfolio of offers that span the diamond value chain, including its jewellery houses, De Beers Jewellers and Forevermark, and other pioneering solutions such as diamond sourcing and traceability initiatives Tracr and GemFair. De Beers Group also provides leading services and technology to the diamond industry in the form of education and laboratory services via De Beers Institute of Diamonds and a wide range of diamond sorting, detection and classification technology systems via De Beers Group Ignite. De Beers Group is committed to ‘
Building Forever,’ a holistic and integrated approach for creating a better future – where safety, human rights and ethical integrity continue to be paramount; where communities thrive and the environment is protected; and where there are equal opportunities for all. De Beers Group is a member of the Anglo-American plc group. For further information, visit
www.debeersgroup.com.
About GIA
An independent nonprofit organization, GIA (Gemological Institute of America), established in 1931, is recognized as the world’s foremost authority in gemology. GIA invented the famous 4Cs of Color, Clarity, Cut and Carat Weight and, in 1953, created the International Diamond Grading System™ which is recognized around the world as the standard for diamond quality.
Through research, education, gemological laboratory services and instrument development, the Institute is dedicated to ensuring the public trust in gems and jewelry by upholding the highest standards of integrity, academics, science and professionalism.
Media OutReach
Smart Design Global 2026 Awards Presentation Ceremony Proudly Unveils 52 Original Award-Winning Designs International Tour Highlights Hong Kong’s Creative Design Power
Set to Appear at Bangkok Mega Show and Paris Maison&Objet
HONG KONG SAR –
About The Hong Kong Exporters’ Association
Founded in 1955, The Hong Kong Exporters’ Association (The HKEA) is a non-profit making trade association registered under the Hong Kong Companies Ordinance as a company limited by guarantee. The HKEA is committed to creating new business opportunities and enhancing market value for Hong Kong exporters, aiming to position Hong Kong as a premier trading hub. The HKEA focuses on serving the industry and taking export trade as its core value, helping members expand their business by closely liaising with the government, initiating different projects, and organising seminars, business gatherings, business delegation trips and exhibitions. The HKEA also disseminate the latest local and international trade information and provides online product display and search services for additional publicity, to further promote Hong Kong’s export trade and enhance market competitiveness.
The HKEA website:
About Cultural and Creative Industries Development Agency
The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.
CCIDA’s website: www.ccidahk.gov.hk
Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.
Media OutReach
Disney Garden of Wonder blooms to life again at Singapore’s Gardens by the Bay with all-new character topiaries
SINGAPORE – Media OutReach Newswire – 8 June 2026 – Disney magic blooms anew at Singapore’s premier horticultural destination Gardens by the Bay as the second edition of Disney Garden of Wonder, opens today. Featuring 23 vibrant topiaries inspired by beloved Disney and Pixar characters, the enchanting showcase transforms Floral Fantasy into a world of floral artistry and imagination through 14 March 2027.
Organised in collaboration with Disney and supported by the Singapore Tourism Board, Disney Garden of Wonder is inspired by Disney and Pixar stories that have charmed generations of fans around the world, inviting people of all ages to re-discover their favourite stories of courage, kindness, friendship and love through the beauty of plants. Following the success of its debut at Gardens by the Bay in 2024, the enthralling floral showcase returns in an even more special second edition.

Visitors can look forward to five themed areas:
- Frozen, in which topiary versions of Anna, Elsa and Olaf preside over an enchanting snowy landscape, brought to life through themed lighting that imagines a frost-kissed world of wonder. Inspired by Elsa’s Ice Palace, visitors can step on a floor where magical snowflakes dance and respond to movement.
- Disney princesses, where Rapunzel appears alongside her best friend Pascal the chameleon; Belle is with the Beast and their enchanted companions; and Jasmine is accompanied by her loyal tiger Rajah.
- Hundred Acre Wood, where Winnie the Pooh, Eeyore, Piglet and Tigger gather in a cheerful party scene. Tigger bounces up and down while Piglet twirls, and visitors can picture themselves joining everyone at the table!
- Toy Story 5, where Woody, Jessie and Buzz Lightyear appear as topiaries in a playful setting inspired by Bonnie’s Room, alongside displays of new characters Lilypad and Smarty Pants.
- Go Local, a Singaporean-themed zone where Disney characters are reimagined in familiar local settings. Chip ‘n Dale perch atop a giant ice cream sandwich; Minnie Mouse and Daisy Duck share the spicy rice noodle dish laksa; and Mickey Mouse makes the traditional beverage teh tarik with Donald Duck.
Outside Floral Fantasy, a 4m-tall Sorcerer’s Apprentice Mickey marks the entrance and welcomes visitors to Gardens by the Bay.
The hand-assembled topiaries are crafted from more than 40 species of preserved and dried floral materials, which took more than 16,000 man hours.
Each material was selected for its colour, texture and form, helping to reflect each character’s features. Plenty of flowers are used for the Disney princesses for example, while Rapunzel’s hair is crafted from Stipa, a perennial grass that has fluffy or oat-like flowerheads.
The surrounding landscapes also use plant palettes that reflect the mood of each zone — sunflowers and marigolds reflect the honey-toned meadow setting of Winnie the Pooh, while lilies and roses bring out the romantic and jewel-toned settings of Disney Princess stories. Hydrangeas and dusty miller evoke the icy blues, whites and silvers of Frozen.
Throughout the duration of Garden of Wonder, visitors can enjoy select weekend Meet and Greet sessions with Mickey Mouse and Minnie Mouse in outfits inspired by Singapore’s national flower, the Vanda Miss Joaquim. Donald Duck and Daisy Duck will also join the experience on select weekends, dressed for a sunny getaway on our tropical island. Meet and Greet dates are available at www.gardensbythebay.com.sg/disneygardenofwonder.
Visitors can round off their experience with shopping at the gift shop, which carries items launching exclusively at Disney Garden of Wonder.
Hashtag: #DisneyGardenofWonder #FloralFantasy #GardensbytheBay
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Gardens by the Bay
An integral part of Singapore’s “City in Nature” vision, Gardens by the Bay is a national garden and premier horticultural attraction that showcases the best of garden and floral artistry for all to enjoy. Spanning 101 hectares in the heart of Singapore’s downtown Marina Bay, it comprises three waterfront gardens – Bay South, Bay East, and Bay Central. Bay South, the largest at 54 hectares, officially opened on 29 June 2012.
Guided by the vision to be a world of gardens for all to own, enjoy and cherish, the Gardens’ extensive plant collection, ever-changing floral displays, and myriad of engaging programmes have captured the imagination of many, while its Gift of Gardens community initiative, with Mr Tharman Shanmugaratnam, President of the Republic of Singapore as Patron, reaches out to people from all walks of life.
Since opening, Gardens by the Bay has welcomed more than 115 million visitors and garnered numerous international accolades including the third Top Attraction in the World in Tripadvisor Travelers’ Choice Awards Best of the Best 2026, Outstanding Achievement in Sustainability at the Singapore Tourism Awards 2024, Best Theme Attraction at TTG Travel Awards 2022 and 2023, and Best Attraction Experience at the Singapore Tourism Awards 2019. The Gardens continues to refresh and refine its offerings, to be a place that everyone can enjoy – a garden where wonder blooms.
For more information, visit
www.gardensbythebay.com.sg.
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