The Hạ Long Xanh urban complex (Vinhomes Global Gate Hạ Long), a project of Vingroup and Vinhomes, currently employs more than 12,000 workers, mainly construction workers, engineers and technicians, and plans to recruit about 50,000 workers and engineers in later stages. According to Quảng Ninh's statistics office, it used about 12,155 workers in Q2 2026 and spends roughly 10 billion VND on fuel and oil each day. Wages range from 14–26 million VND a month for workers, 15–22 million VND for drivers and over 40 million VND for construction team leaders, with free accommodation and meals and vocational training for unskilled staff. Total investment has been adjusted up to about 456,639 billion VND (nearly 18 billion USD), with groundbreaking on December 19, 2025 and some facilities expected to open from 2028. The project covers over 6,200 hectares along the Hanoi–Haiphong–Quảng Ninh expressway corridor.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Siêu dự án của tỷ phú Phạm Nhật Vượng tại Quảng Ninh cần 50.000 lao động, lương công nhân tới 26 triệu đồng/tháng
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Related tickers and likely impact
VIC
▲ Likely positiveVinGroup
Relevance: low
| Market | Vietnam stocks |
|---|---|
| Exchange | HOSE |
| Sector | Real Estate |
| Industry | Real Estate Holding & Development |
| Market cap | 1,826,329 bn VND |
| P/E | 85.7 |
| P/B | 10.68 |
| Close on 10/23/2026 | 236.50 |
| Change that session | +1.55% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
Related news
- Vingroup's biggest-ever project, worth $18 billion: over 12,000 workers, VND 10 billion spent on fuel and oil daily
Vingroup's Ha Long Xanh urban complex (Vinhomes Global Gate Ha Long) in Quang Ninh broke ground on December 19, 2025, with total investment of about VND 456,639 billion (nearly $18 billion), the largest project in the company's history. The construction site employed about 12,799 workers in the first quarter of 2026 and 12,155 in the second quarter, with fuel and oil costs averaging around VND 10 billion per day. The project is recruiting more than 6,000 additional workers, including over 4,000 dump truck drivers, and expects to need about 50,000 workers and engineers over the long term. Some first phases target commercial operation from 2028 across more than 6,200 hectares along the Hanoi-Hai Phong-Quang Ninh expressway corridor. Vingroup is also building a 350 km/h high-speed rail line from Hanoi to Ha Long, which the article describes as a source of value synergy for the project.
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