40 Investment and Construction expands with significant real estate project

On October 7, 2025, 40 Investment and Construction Joint Stock Company announced its board of directors approved a construction outsourcing contract for the Phu Thinh Urban Area project in Dien Ban Dong ward, Da Nang city. The contract designates Vietnam Thinh Investment Construction Co., Ltd. as the partner.

The total value of the contract is VND 44,692,981,000. The resolution outlines that the board of directors, general director, relevant departments, and individuals are responsible for implementing the decision, which takes effect from the signing date.

The approval is based on several legal frameworks, including the Enterprise Law, Securities Law, Decree No. 155/2020/NĐ-CP, and the company's organizational and operational charter.