The Department of Anti-corruption – Government Inspector has simply despatched a written request to the People’s Committee of Ba Ria – Vung Tau province to supply data on the venture of Indochina Real Estate Investment Joint Stock Company.

Perspective of La Vida Residences Vung Tau venture (Photo: Internet)
Recently, the People’s Committee of Ba Ria – Vung Tau province has assigned the Department of Construction to chair and coordinate with the Department of Natural Resources and Environment, the People’s Committee of Vung Tau metropolis and related businesses to evaluate and supply paperwork on the request of the Anti-corruption Department and advise the Provincial People’s Committee in accordance with the legislation. The venture was accredited by the People’s Committee of Ba Ria – Vung Tau province for Indochina Real Estate Investment Joint Stock Company as an investor. The deliberate space of the venture is about 25.6ha, together with 3.1ha of public land, with a complete funding capital of greater than 1,650 billion VND.
According to analysis, La Vida Residneces venture is developed on an space of greater than 25.57 hectares, with a complete funding capital of greater than 1,650 billion VND, together with many forms of actual property comparable to: industrial homes – workplaces; Townhouses, backyard homes, villas, service-commercial residences.
The venture has 4 implementation phases. In which, section 1 has a scale of about 7.1 hectares, anticipated to be accomplished within the fourth quarter of 2020 with an funding price of about 498.2 billion VND. Phases 2 and three are anticipated to be accomplished within the second half of 2021. Phase 4 is anticipated to be accomplished within the second quarter of 2022.
In addition to the above venture, Indochina Real Estate can also be the investor of the finished Golden King venture at 15 Nguyen Luong Bang, District 7, Ho Chi Minh City and the Golden Queen villa venture with an space of 4.5 ha in Chau Pha commune, Phu My city, Ba Ria – Vung Tau province.
According to the search knowledge of Vietnam traveler/ViGuide.vn, Dong Duong Real Estate Investment Joint Stock Company was established in February 2010, registered head workplace tackle on Vo Thi Sau Street, Ward 2, City. Vung Tau. The consultant and General Director of the corporate is Ms. Pham Thi Thanh Hang (SN 1971). Before that, the CEO place of Indochina Real Estate was held by Ms. Hang’s husband, Mr. Tran Quy Duong (SN 1968).
It is understood that businessman Pham Thi Thanh Hang – Tran Quy Duong had beforehand constructed kind of fame in Ho Chi Minh City. Ho Chi Minh City with AA Freight Forwarding Co., Ltd. specializes within the discipline of forwarding in Vietnam. In addition, the ecosystem of the Tran couple is kind of various with a variety of companies comparable to Chanh Duc Da Lat Joint Stock Company, Cuu Long Investment Joint Stock Company, An Trung Investment Joint Stock Company, An Lac Investment Joint Stock Company, and Development Joint Stock Company. AA infrastructure.
Pham Thi Thanh Hang’s substitute of Mr. Tran Quy Duong on the helm of Indochina Real Estate in 2016 most definitely stems from one other incident, associated to the case fraudulently appropriating property and violating rules on land administration occurred on the venture of Trade Center and High-class Housing (Metropolitan, Ward 11, Vung Tau City) invested by An Khang Real Estate Company.
Previously, in early 2014, the Ministry of Public Security prosecuted 4 leaders of An Khang Company for fraud, together with Mr. Tran Quy Duong as a founding shareholder and a member of the Board of Directors. Next, the authorities continued to prosecute a collection of metropolis leaders. In Vung Tau, together with Mr. Phan Hoa Binh (Deputy Head of the Organizing Committee of the Ba Ria – Vung Tau Provincial Party Committee, former Chairman of the People’s Committee of Vung Tau City), about deliberately violating rules on financial administration, inflicting penalties. severe.
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