Author: Vo Hoang Danh

On the morning of January 13, 2026, CENTRAL Construction JSC, in collaboration with the Investor – Dai Quang Minh Real Estate Investment JSC, officially held the Groundbreaking Ceremony of the SARENE Residence & Commercial Complex at Sala Thu Thiem New Urban Area, Ho Chi Minh City.

The ceremony marked a significant milestone, officially restarting and opening a new development phase of the Sala Urban Area—a flagship project of Dai Quang Minh, THACO Group, located in Thu Thiem, the emerging financial and administrative center of Ho Chi Minh City.

The event also reaffirmed the strong comeback of Dai Quang Minh at the 257-hectare Sala Urban Area, following more than a decade of completing and consolidating the legal and regulatory framework.

The ceremony was attended by representatives of local authorities, leadership of involved parties, consultants, subcontractors, and suppliers, demonstrating strong alignment and commitment among stakeholders.

PROJECT INFORMATION:

Project Name:	SARENE Residence & Commercial Complex
Location:	Sala Thu Thiem New Urban Area, Ho Chi Minh City
Investor:	Dai Quang Minh Real Estate Investment JSC
Scale:	4 towers, 2 basements, 3 podiums, 26 floors
Architectural Consultant:	Ong & Ong Pte. Ltd.
Supervision Consultant:	Artelia Vietnam Co., Ltd.
CFA:	150,431m2
Land Area:	16,319.60 m2

The SARENE Residence & Commercial Complex is envisioned as a next-generation real estate product, benefiting from outstanding advantages in riverfront landscape, ecological environment, and a large-scale riverside park system, along with a well-integrated transportation network. With dedicated investment from the Investor, the project is expected to deliver a distinctive high-end residential product, worthy of its prime location within the Sala Urban Area.

The podium is planned as a multi-functional Shop Apartment complex, integrating residential and commercial uses, surrounding the apartment towers with a well-balanced construction density. Community spaces are meticulously designed to ensure harmony, connectivity, and modern architectural aesthetics. Notably, the project enjoys direct connectivity to Metro Line No. 2 and major expressways, significantly reducing travel time between Ho Chi Minh City, Long Thanh International Airport, and Tan Son Nhat International Airport, thereby enhancing long-term value and development potential.

Dai Quang Minh – a strong market return after more than a decade

Dai Quang Minh is one of the most prominent real estate and infrastructure developers within the THACO Group ecosystem. Over the years, the company has not only implemented THACO’s key real estate projects but has also represented joint ventures and played a coordinating role in numerous large-scale, city-shaping urban and infrastructure developments.

Its most notable project is the 257-hectare Sala Urban Area, one of the pioneering model urban developments in Thu Thiem, contributing significantly to the modern urban identity of Ho Chi Minh City’s eastern zone. In addition, Dai Quang Minh has invested in and delivered a series of key infrastructure works in Thu Thiem, including four main arterial roads, Thu Thiem 2 Bridge, Mai Chi Tho Boulevard, and the central lake ring road. These projects not only hold commercial value but also play a strategic role in regional connectivity and urban development.

On behalf of An Khanh Ward, Mr. Nguyen Thanh Trung, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of An Khanh Ward, stated: “With the close attention and guidance of Ho Chi Minh City authorities, along with continuous efforts to address legal and planning challenges, the Sala Urban Area has now fulfilled all necessary conditions to resume investment activities in accordance with approved orientations. In recent times, the An Khanh Ward People’s Committee has actively supported and will continue to accompany the Investor, promptly resolving arising issues to ensure a stable, transparent, and effective investment environment, harmonizing the interests of the State, businesses, and the local community.”

Speaking at the ceremony, Mr. Nguyen Hoang Tue, President of Dai Quang Minh Real Estate Investment JSC, shared: “We sincerely thank the leadership of An Khanh Ward, our partners, banks, contractors, and consultants for their continued support and companionship throughout the project implementation process. With a spirit of responsibility, dedication, and professionalism, we are committed to delivering the project on schedule, ensuring quality, safety, and progress, and continuing to contribute positively to the sustainable development of Thu Thiem New Urban Area and Ho Chi Minh City.”

CENTRAL is honored and proud to be selected by Dai Quang Minh, a member of THACO Group, as the Main Contractor for the SARENE Residence & Commercial Complex. This is the largest-scale project and the very first to be implemented immediately upon the official relaunch of the Sala Urban Area, marking an important milestone that opens a new development phase for Sala Thu Thiem.

Immediately after the ceremony, CENTRAL’s PMB commenced deployment of construction activities. Given the SARENE Residence & Commercial Complex’s large scale and high technical requirements, it demands maximum focus and rigorous execution. To honor the trust placed by the Investor, CENTRAL’s PMB is fully committed to delivering excellence, continuously improving performance, and striving to become a long-term, strategic construction partner of THACO Group, ready to accompany the Investor across all future developments.

On the morning of January 8, 2026, CENTRAL Construction Joint Stock Company, in coordination with the Van Phuc Group, officially held the groundbreaking ceremony for the Diamond Sky High-End Apartment and Commercial Center Project at Van Phuc City Urban Area, Ho Chi Minh City.

The ceremony was attended by leaders of the involved parties, along with representatives from consulting firms, subcontractors, and suppliers.

PROJECT INFORMATION:

Project name:	Diamond Sky High-End Apartment & Commercial Center
Location:	Van Phuc City Urban Area, Ho Chi Minh City
Investor:	Van Phuc Group
Supervision Consultant:	Core Asia Project Management Co., Ltd.
Scale:	02 towers with 02 basements, 18–20 floors
CFA:	50,982 m²
Land area:	17,600 m²

Diamond Sky – A Landmark Residential in a Prime Urban

Located within Van Phuc City, a riverside urban complex along the Saigon River, Diamond Sky benefits from a 3.4-kilometer riverfront park, strategic connectivity along National Highway 13, and proximity to the future Metro Line 3B. As Van Phuc Group’s first high-rise residential project in Ho Chi Minh City, Diamond Sky is developed on nearly two hectares of land with low construction density and a clear orientation toward green urban development.

Amid increasing inner-city land scarcity and rising market demand for legally transparent, high-quality housing, Diamond Sky is expected to meet premium residential needs while offering strategic investment opportunities, contributing to shaping the future of the high-end apartment segment in Ho Chi Minh City.

Speaking at the ceremony, Mr. Pham Danh, Chairman of Van Phuc Group, stated: “For more than 30 years, Van Phuc Group has remained steadfast in its mission to develop well-planned, high-quality, and civilized living spaces. To realize our long-term vision of making Van Phuc City one of the most livable urban areas in Ho Chi Minh City, we have entrusted CENTRAL as our strategic partner for the Diamond Sky project. We are confident that with its professionalism, strong capabilities, and high sense of responsibility, CENTRAL will deliver the project on schedule and to the highest quality standards.”

In response, Mr. Tran Quang Tuan, Chairman & CEO of CENTRAL Construction, affirmed: “CENTRAL is committed to executing the Diamond Sky project in a scientific and tightly controlled manner, strictly adhering to the overall schedule agreed with the Investor. We will ensure superior construction quality while placing the highest priority on occupational safety and environmental protection throughout the entire construction process. CENTRAL will work closely with the Investor, project management unit, supervision consultant, and partners to manage risks and optimize efficiency, turning the project’s vision and commitments to customers into reality.”

Immediately following the groundbreaking ceremony, the two parties officially signed the construction cooperation agreement, marking the formal commencement of the Diamond Sky High-End Apartment & Commercial Center project. This is Van Phuc Group’s declaration for its comprehensive development strategy and further reinforces Van Phuc City’s position as a landmark urban development in Ho Chi Minh City. At the same time, it will represent a new milestone affirming CENTRAL’s construction capability and credibility, particularly in the high-end real estate segment in the city and its role as a leading General Contractor and MEPF in Vietnam.

With extensive experience in delivering high-rise and luxury residential projects nationwide and in international markets, supported by a highly qualified engineering team and a professional management system, CENTRAL is committed to completing and handing over the Diamond Sky project in full compliance with the Investor’s expectations for quality, schedule, safety, and environmental standards.

Some other images from the ceremony:

Recently, the CENTRAL’s PMB across the country honorly welcomed a delegation of experts from Israel for site inspections. The visit marked a significant step in strengthening international cooperation while laying the groundwork for workforce training and knowledge transfer in preparation for CENTRAL’s upcoming projects in Israel.

The delegation included Mr. Hendel Ziv, Deputy CEO CENTRAL Israel, responsible for training, workforce development, and skills assessment, aimed at preparing Vietnamese CENTRAL’s engineers and workers for deployment in Israel; Mr. Druker Eran, Project Manager and representative of INTROL (Israel), who visited Vietnam to conduct site inspections, evaluate construction methodologies, site logistics, and project execution as a basis for future collaboration in Israel; and Mr. Tony Tran (Tran Trung Hieu), Project Manager in Israel.

During the visit, the CENTRAL Israel delegation worked directly with the PMB, exchanging insights on construction methods, site logistics, implementation progress, and engaging with on-site workers to encourage and assess operational practices.

The delegation’s first stop was Midori The Nest High-End Apartment Project in Binh Duong New City. The project team presented an overview of construction solutions, progress, manpower deployment, and current site conditions, followed by a tour of the PMB’s office and Basement B2 construction area. Mr. Druker Eran highly commended the site’s organization and management, particularly the structural progress averaging eight days per floor. With several hundred workers per tower (H5 and H7), both sides exchanged and analyzed the effectiveness of aluminum formwork systems applied in Vietnam compared to those used in Israel.

At the Estuary Project in Da Nang, the delegation expressed strong appreciation for the professional working style of the project team, where structural works achieved an impressive five days per floor, while finishing works averaged six days per floor, exceeding the investor’s expectations. INTROL’s representative stated that the project would continue to be monitored, with a follow-up visit planned upon completion for a comprehensive evaluation of the execution model.

During the visit to FPT Plaza 4 project, Mr. Hendel Ziv held direct discussions with workers assigned to the international market. The session focused on vocational training programs, work discipline, professional conduct, and safety standards to prepare Vietnamese workers to meet the stringent requirements of the Israeli market.

At the Legend City project, the delegation showed particular interest in CENTRAL’s top-down construction method and expressed admiration for the project’s systematic and efficient execution. Mr. Druker Eran noted that in Israel, construction typically involves fewer workers due to the use of prefabricated steel components and modular formwork manufactured off-site, leading to valuable technical exchanges between the two parties.

Concluding the program, Mr. Tran Trung Hieu, representing the PMB and International Business Division, extended appreciation to project managers for facilitating on-site training opportunities for international workforce teams. He also emphasized the importance of professional conduct, strict compliance with site management directives, occupational safety, and discipline throughout construction activities.

The visit by the Israeli expert delegation represents a significant milestone in strengthening cooperation among CENTRAL Vietnam, CENTRAL Israel, and INTROL. Beyond enhancing mutual understanding of construction capabilities and project management practices, the engagement establishes a solid foundation for workforce training, experience transfer, and the future implementation of large-scale projects in Israel.

On the morning of December 19, in responding to the policy of the Government and the Organizing Committee of the 11th National Patriotic Emulation Congress, 234 key projects nationwide simultaneously launch the groundbreaking and inauguration. With a total investment exceeding VND 3.4 quadrillion ($129 billion), The launching ceremony was held at 12 in-person venues and 67 online venues, reflecting the spirited atmosphere of competition as the country enters a new development phase.

Joining this historic milestone, CENTRAL Construction Joint Stock Company, in proud collaboration with local authorities and the investment consortium, officially commenced two major projects, reaffirming its capability and responsibility in strengthening national infrastructure and social welfare.

1. Dinh Khao Bridge Project (Vinh Long Province)

Dinh Khao Bridge is a Grade I transport infrastructure project crossing the Co Chien River, designed to enhance regional connectivity between Vinh Long and the Mekong Delta. CENTRAL participates as a strategic member of the Investment Consortium under the Public-Private Partnership (PPP) model.

The Investment Consortium includes:

• Vietnam Infrastructure Development and Investment Corporation (IDIC 620)

• CENTRAL Construction JSC

• Tuan Hien Co., Ltd.

• Bac Trung Nam Infrastructure Construction JSC

With a total investment of nearly VND 3 trillion and a length of 4.3 km, with four lanes, designed for a speed of 80 km/h. Once completed, it will replace the old ferry system, facilitating trade, reducing logistics costs, and fostering socio-economic growth for the entire region.

Speaking at the event, Mr. Tran Tri Quang – The Deputy Secretary of the Provincial Party Committee and Chairman of the Vinh Long Provincial People’s Committee, emphasized:

“Dinh Khao Bridge is a Grade I, Group A transport infrastructure project implemented under the Public-Private Partnership (PPP) model. It holds strategic significance in perfecting the inter-regional transport network, reducing travel time, and fostering socio-economic growth for Vinh Long Province and the Mekong Delta. Upon completion, the project will serve as a growth engine to attract investment and promote logistics, high-tech agriculture, and eco-tourism, delivering value not only for the present but also for future generations.

The provincial leadership highly appreciates the sense of responsibility and commitment demonstrated by the Investment Consortium in adhering to technical standards and ensuring progress, quality, occupational safety, and environmental protection. We firmly believe that, with the close coordination of authorities at all levels and the consensus of the local community, Dinh Khao Bridge will soon be completed as a flagship work, transforming the landscape of transport infrastructure and driving the locality’s long-term prosperity.”

Mr. Tran Quang Tuan – Chairman of CENTRAL, representing the consortium, stated:

“The Dinh Khao Bridge project, implemented by the Investment Consortium, goes beyond mere investment and construction; it embodies a long-term partnership and a steadfast commitment to contributing to the sustainable infrastructure of Vinh Long Province and the Mekong Delta at large. Furthermore, this serves as a testament to the Consortium’s corporate social responsibility toward the nation’s overall development process.”

The Investment Consortium pledges to mobilize maximum resources, including personnel, finance, equipment, and advanced technology. We are committed to organizing construction in a scientific and synchronized manner, prioritizing quality management, occupational safety, and environmental protection. Simultaneously, we will maintain close coordination with local authorities, functional agencies, and the community to ensure the project is completed on schedule, meets the highest quality standards, and delivers enduring socio-economic efficiency.

2. Tien Duong 1 Social Housing (Tien Duong, Hanoi)

PROJECT INFORMATION:

Commercial Name:	Tien Duong Park City
Investor:	VIHOCE Tien Duong Investment JSC
Total Investment:	10,000 billion VND
Scale:	45 hectares (80% Social Housing, 20% Commercial Housing). Including: – 18 social housing towers (9–18 floors); – 03 commercial apartment towers (18 floors); – 99 commercial townhouses; – 02 commercial-service blocks and 01 shopping center; – A comprehensive ecosystem including green parks, public squares, schools, sports complexes, and diverse public amenities.

Tien Duong Park City is a modern, synchronized urban area providing over 3,500 apartments (including 3,103 social housing units) for approximately 12,500 residents, especially workers, young families, and beneficiaries of social housing policies according to the provisions of the law.

The Tien Duong 1 Social Housing Project holds profound significance. Through the investment consortium model, CENTRAL not only assumes the role of Design & Build (D&B) General Contractor but also directly participates as a strategic shareholder, partnering with industry leaders and prestigious organizations, Viglacera and Hoang Thanh.

Speaking at the ceremony, representatives of the Hanoi leadership highly commended the proactive, serious, and expedited spirit of the investment consortium in project implementation. They reaffirmed that Tien Duong Park City carries not only economic value but also deep-seated social significance, directly contributing to the Government’s national strategy of developing one million social housing units.

Representing the Investment Consortium, CENTRAL’s representative shared: “We would like to express our profound appreciation and gratitude to the State management agencies, the Hanoi authorities, and local government for the invaluable guidance and support. We pledge to maintain close-knit coordination, while respecting and upholding a spirit of collaboration that leverages the unique strengths of each consortium member. Together, we are committed to our shared goal: completing the project on schedule, ensuring the highest standards of quality and safety, and delivering maximum social impact.”

By joining the investment consortium alongside industry giants, CENTRAL reaffirms its strategic expansion and partnership with leading market players. This decision stems from a pragmatic analysis of the current housing demand in Vietnam, specifically targeting the affordable housing segment. By addressing the actual financial capacity of the majority of citizens, CENTRAL aims to deliver tangible and enduring values for the community.

On the same day, the Board of Directors of CENTRAL was honored to attend the Groundbreaking Ceremony for the Ben Thanh – Can Giờ High-Speed Railway Project (HCMC), one of the nation’s most strategic transport infrastructure works. In this project, CENTRAL serves as a key contractor responsible for critical construction segments, including the production and installation of girders, as well as the construction of piles, foundations, and piers for the main sections of the line. Participation in this project is a clear testament to CENTRAL’s large-scale infrastructure capability and its extensive field experience in modern transportation sectors.

AFFIRMING CORPORATE VISION AND RESPONSIBILITY

The fact that CENTRAL, in coordination with local authorities and consortium members, simultaneously broke ground on these projects at the same time the nation celebrated the groundbreaking and inauguration of 234 key works carries profound significance. It demonstrates a spirit of alignment with the development policies of the Party and State, as well as the responsibility of the enterprise as the country enters a new development cycle.

Beyond investment and construction activities, the projects implemented by CENTRAL embody a long-term commitment to creating sustainable infrastructure, fostering regional connectivity, and making tangible contributions to the socio-economic prosperity of each locality and the country as a whole./.

Media link:

• CafeF: https://cafef.vn/lien-danh-central-khoi-cong-2-du-an-chao-mung-dai-hoi-dang-lan-thu-xiv-188251220131203147.chn
• Zing: https://znews.vn/central-dong-loat-khoi-cong-2-du-an-trong-diem-post1612977.html
• Bao Moi https://baomoi.com/central-dong-loat-khoi-cong-2-du-an-trong-diem-c54060452.epi
• Xay Dung: https://batdongsan.baoxaydung.vn/cong-ty-cp-xay-dung-central-phoi-hop-khoi-cong-hai-du-an-trong-diem-chao-mung-dai-hoi-dang-192251220101758615.htm
• Tin Tuc: https://baotintuc.vn/doanh-nghiep-doanh-nhan/central-chinh-quyen-dia-phuong-va-lien-danh-dau-tu-dong-loat-khoi-cong-2-du-an-trong-diem-20251219154952321.htm