Vingroup Simultaneously Launches and Inaugurates 11 Key Projects in Vietnam

HANOI, VIETNAM - Media OutReach Newswire – 19 December 2025 - In celebration of the 14th National Congress of the Communist Party of Vietnam, Vingroup simultaneously commences 11 projects, including: the Olympic Sports Urban Area in Hanoi featuring the Trong Dong (Bronze Drum) Stadium; the Ha Long Xanh and Cam Ranh mega urban complexes; a social housing project in Hung Yen; the Song Tri Ward Urban Area in Ha Tinh; Vincom Plaza Vinh in Nghe An; the Tuan Chau Public Park in Quang Ninh; the Ben Thanh - Can Gio high-speed railway; two wind power plants; and the VinMetal steel manufacturing plant in Vung Ang. These are foundational projects in urban development, infrastructure, green energy, and heavy industry, contributing strong momentum for future growth.

Prime Minister Pham Minh Chinh, Hanoi Party Secretary Nguyen Duy Ngoc, leaders of central ministries and agencies, local leaders, and Mr. Pham Nhat Vuong, Chairman of Vingroup, press the button to commence the Olympic Sports Urban Area project.

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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Over five years, nearly 9,000 teachers and students have participated in the Fair to drive youth engagement in innovation and technology

HONG KONG SAR - Media OutReach Newswire - 4 June 2026 - Organised by the Hong Kong Innovation Foundation ('HKIF'), the Fifth Hong Kong Science Fair ('Science Fair') will take place from 27 to 28 June 2026 at the Hong Kong Convention and Exhibition Centre. The event will showcase around 120 shortlisted teams from primary and secondary schools across Hong Kong, presenting creative inventions that integrate artificial intelligence with a diverse range of technology applications. With Sino Group as Principal Patron, the Innovation, Technology and Industry Bureau of the HKSAR Government (ITIB) as the Supporting Bureau, and the Hong Kong Council for Testing and Certification (HKCTC) as Strategic Partner, HKIF is also honoured to have, for the first time, invited the Foundation for the Development of Science and Technology in China as an Advisory Organisation. Representatives from the Foundation will attend the award ceremony to witness the announcement of this year's winning teams. Consistently a major draw for the community, the Science Fair is now open for online registration with free admission, and the public is warmly invited to attend in person.

Since its launch in 2021, the Science Fair has attracted participation from over 400 local schools, engaging nearly 9,000 students and teachers from Primary 4 to Secondary 6. To date, more than 2,200 creative invention submissions have been received, and the event has established itself as a key platform for youth I&T exchange.

Following Hong Kong's first astronaut, Dr Lai Ka-ying, into space, the local innovation and technology ecosystem has attracted even greater attention. This year's Science Fair has specially incorporated aerospace engineering elements, enabling the public to learn about the daily work and challenges of payload specialists, gain insight into the reality of aerospace research and development, and spark greater interest among young people in space exploration. Dr Lai launched aboard the Shenzhou-23 manned spacecraft and is expected to remain in space for approximately six months to conduct space science experiments and maintenance tasks. Visitors can express their support and encouragement by creating message cards for her. In addition, UBTECH Robotics, a globally leading enterprise in embodied AI robotics, will participate in the exhibition, showcasing multiple humanoid robots and offering visitors the opportunity to experience the appeal of embodied intelligence up close.

Professor Sun Dong, JP, Secretary for Innovation, Technology and Industry of the HKSAR Government, stated: 'The Hong Kong SAR Government is fully committed to developing Hong Kong into an international innovation and technology (I&T) centre, with talent being a key driver of this growth. Now in its fifth edition, the Hong Kong Science Fair – organised by the Hong Kong Innovation Foundation – has become an annual flagship I&T education event. It offers students a valuable platform to turn their innovative ideas into practice, deepen their interest and confidence in I&T, and help bring I&T into schools and the wider community, thereby fostering a more innovation-friendly atmosphere. I look forward to seeing more young people unleash their potential through this platform, pursue careers in I&T, and contribute to the high-quality development of Hong Kong and our nation.'

Mr Daryl Ng, SBS, JP, Chairman of the Hong Kong Innovation Foundation and Chairman of Sino Group, said 'Innovation and technology are key to Hong Kong's long-term sustainable development and are integral to the country's 15^th Five-Year Plan. It is vital for Hong Kong to strengthen its I&T capabilities and actively contribute to national development, as underscored by the historic moment when Dr Lai Ka-ying became Hong Kong's first astronaut. We are encouraged to see growing recognition of I&T opening up new opportunities for young people aspiring to pursue scientific research. As the Hong Kong Science Fair enters its fifth edition, its growth has been made possible by the support of the HKSAR Government, industry partners, tertiary institutions, research organisations, and our panels of judges. This year, we are grateful for the guidance and support of the Foundation for the Development of Science and Technology in China. Moving forward, the Science Fair will remain committed to nurturing talent from an early age, bringing together all sectors to promote I&T and inspire more young people to pursue careers in science and technology.'

Professor Anderson Shum, MH, Chairman of Judging Panel, Hong Kong Science Fair, President of The Hong Kong Young Academy of Sciences, said, 'The Science Fair adopts the format of "integrating competition with exhibition," enabling students to translate their learning into tangible and verifiable outcomes. This plays an important role in nurturing Hong Kong's youth I&T ecosystem. I am delighted to have served as a judge for this major event over the years, witnessing students progressively enhance their presentation skills, build confidence, and broaden their horizons through exchanges with experts, participation in workshops and showcasing their work to the public. The standard of participating projects continues to improve each year, with increasing integration of artificial intelligence and diverse technological applications across different fields. Scientific research is a journey that demands passion and perseverance, and the growth of young scientists often begins with curiosity during their primary and secondary school years. Through these exchanges, we hope to leverage the role-model influence of young scientists, inspiring more students to pursue I&T as their lifelong career. I look forward to seeing our younger generation continue to grow and excel in scientific research and innovation, and officially join the community of scientists in the near future to jointly drive Hong Kong's I&T development.'

Mr Michael Tam, Chief Brand Officer of UBTECH, said, 'Humanoid robots are among the most promising real-world embodiments of artificial intelligence, reflecting a future in which intelligent systems are deeply integrated with the physical world. As a global pioneer in humanoid robotics, UBTECH has remained at the forefront of innovation for more than 14 years, with a long-standing commitment to I&T education. The company is dedicated to translating advanced technologies into practical, accessible educational resources. Through collaboration with like-minded partners such as the Hong Kong Innovation Foundation, we aim to inspire greater interest and engagement among both teachers and students in humanoid robotics and artificial intelligence. We are committed to supporting the development of Hong Kong's I&T education ecosystem, helping to nurture future-ready talent and build a strong, sustainable foundation for long-term growth.'

Since its launch in 2021, the Science Fair has attracted participation from over 400 local schools, engaging nearly 9,000 Primary 4 to Secondary 6 students and their teachers. To date, more than 2,200 creative invention submissions have been received and total attendance has exceeded 120,000 visitors. The Science Fair has gradually established itself as a key platform for youth innovation and technology ('I&T') exchange and one of Hong Kong's most representative I&T education initiatives. This year's response has been enthusiastic, with over 500 project submissions received. Following preliminary judging, around 120 shortlisted teams took part in a series of workshops and mentorship sessions, and will present their projects at the exhibition in late June to compete for top awards. Gold award-winning teams from each category will have the opportunity to participate in the International Exhibition of Inventions Geneva in Switzerland, fostering idea exchange with global I&T talents.

The Hong Kong Science Fair draws tens of thousands of visitors each year. During the exhibition period, the venue will be transformed into a catalyst for city-wide I&T inspiration. In addition to student showcases, five interactive zones will offer hands-on experiences, including DIY bubble bath bomb workshops, freezer-free slushie making, themed games celebrating the Science Fair's fifth anniversary, and modified remote-controlled cars made from upcycled household appliances, allowing visitors of all ages to explore science and innovation through engaging and enjoyable activities.

• Bulu Bulu Bubble Factory: Blending science with sensory experiences, visitors can mix and mould from scratch to create a delightful 'bathroom blind box'.
• Shake Shake Ice Factory: Applying the principle of freezing point depression, participants will see how temperature can be rapidly lowered using only salt, ice and water to create personalised slushies — all without a freezer.
• Scan2Play: Scan the QR Code on your phone to join the themed game celebrating the Hong Kong Science Fair's Fifth Anniversary.
• Racing Homey Kart 2.0: Showcasing the spirit of upcycling and upgrades, visitors can transform old, small household appliances into remote-controlled racing cars and compete on a dedicated track.
• UBTECH Robotics Base: Featuring a wide range of robots, this zone provides a comprehensive showcase of the integration of artificial intelligence with mechanical engineering.

To celebrate the Science Fair's fifth edition, various special experiences will be introduced. The venue will feature a hidden Science Fair character treasure hunt and check-in activity, through which visitors can redeem curated gifts upon completion. Limited-edition souvenirs, including the 'HKSF-5 Metal Standee Collection' and the 'Special Edition Robo K' blind boxes, will also be available in limited quantities. All proceeds from the HKSF Bazaar, with no deduction, will go directly to charity to support local community technology initiatives.

The Fifth Hong Kong Science Fair Details:

• Date: 27 to 28 June 2026 (Saturday and Sunday)
• Time: 10:00 am to 6:00 pm
• Venue: Hong Kong Convention and Exhibition Centre, Hall 3FG
• Admission: Free of Charge (Pre-registration online is required)
• Registration Website: https://reghksciencefair.org.hk/public

Photos download: https://shorturl.at/mgawb

Hashtag: #HKIF #ScienceFair

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