Vietnam-based developer Sun Group has unveiled five large-scale projects across the country, located in three regions, with a total investment of nearly US$5.7 billion.
Phu Quoc LRT system
Phase I of the Phu Quoc light rail transit (LRT) project has a total investment of approximately US$342 million. It plays an important role in transforming Phu Quoc into an international tourism, service and events hub. According to Sun Group, the project will also make Phu Quoc the first locality in Vietnam to operate an urban LRT system.
The LRT line is nearly 18 km long, designed for operating speeds of 70–100 km/hr and a transport capacity of 4,500 passengers per hour. The route includes 0.78 km of elevated track, 14.81 km at ground level and 2 km underground, directly connecting Phu Quoc International Airport with the APEC Boulevard and leading straight to the APEC Convention Centre.
There will be six stations, featuring five ground-level stations and one underground station at the APEC Convention Centre. Scheduled for completion in the second quarter of 2027, the project is expected to help ease traffic pressure, promote a shift towards green public transport, and enhance Phu Quoc’s image as a modern and smart destination approaching regional and international standards.
Casino tourism complex in Van Don
Covering a total area of 244.45 ha in the Van Don Economic Zone, with a total investment of up to US$2 billion, this project aims to develop a premium integrated resort and entertainment complex with gaming (under a pilot scheme allowing Vietnamese participation). Key activities involve casino operations, tourism services, hotels, resorts, condotels and commercial townhouses, shopping centres, office buildings, conference and exhibition facilities, sports complexes, entertainment venues, and high-quality healthcare and wellness services.
Beyond its casino component, the project integrates tourism, resort and service activities to form a closed ecosystem targeting international visitors as well as Vietnam’s growing middle- and upper-income segments. The complex is also expected to host large-scale international art performances and vibrant day-and-night entertainment activities, with the ambition of positioning Van Don as a destination with appeal comparable to Macau or Las Vegas.
Gia Binh Airport–Hanoi road
Once completed, this new road will create the shortest and most modern connection from Gia Binh Airport to central Hanoi, said Sun Group. It will help ease pressure on the Noi Bai International Airport and open up new socio-economic development space for the capital’s gateway area. The total investment for this project is approximately US$1.25 billion.
The route will pass through Hanoi and Bac Ninh province, with a cross-section width of up to 120 m. The total length within Hanoi is about 13.55 km, including newly built sections and expanded sections overlapping existing routes, along with connecting branches linking to the approach roads of Tu Lien Bridge.
To Lich River park redevelopment
The project to renovate, upgrade and redevelop parks along both banks of the To Lich River in Hanoi has a total investment of around US$177 million. It will upgrade road surfaces, pavements, squares, pedestrian walkways, cycling paths, parking areas, playgrounds and sports facilities, forming a continuous system of public spaces that are safe and aesthetically pleasing.
At the same time, architectural highlights such as artistic pedestrian bridges, boat piers, observation decks, exhibition spaces, and café and restaurant services will be developed. The project will also add layers of shade trees, aquatic plants and green areas, contributing to environmental improvement, erosion control and the restoration of the To Lich River ecosystem.
An Tay project cluster
Located in Tay Nam and Phu An wards of Ho Chi Minh City, the An Tay cluster of four projects aims to establish a modern urban-port centre. It covers a total area of 724 ha, with a total investment of approximately US$1.95 billion.
The project cluster occupies a strategic location connecting major transport corridors, including Ring Road 4, the DT.744 Provincial route, a future urban railway line and the Saigon River waterway. This network is expected to strengthen connectivity between Ho Chi Minh City and neighbouring localities such as former Binh Duong, Dong Nai and Long An, while creating conditions for the development of regional logistics and river-based tourism.
Each urban area within the cluster features its own distinct characteristics. Bac An Tay is positioned as a modern architectural focal point with landmark high-rise buildings; Dong An Tay is oriented towards an ecological urban area with a high proportion of green space and diversified housing; Tay An Tay leverages riverside advantages with large-scale landscape parks.
Notably, An Tay General Port is designed to serve as the economic driver of the entire cluster, connecting key inland waterway routes and contributing to strengthening regional economic linkages and enhancing the area’s position on the Southern logistics map.
All images: Sun Group
