CNT Group — developer of the Southwest Long Van Bridge Urban Area, Quy Nhon

CNT Group has been listed on HOSE (ticker CNT) since 2008. It grew out of construction materials supply and moved into real estate development in 2021. On 28 October 2026, the company broke ground on the Urban Area Southwest of Long Van Bridge, about 9.03 ha at the gateway to Quy Nhon, Gia Lai Province, with capital of over 1,100 billion VND. If you are interested in townhouses or villas in Quy Nhon, this is a developer worth researching.

About CNT Group

• Legal entity: CNT Group Joint Stock Company, ticker CNT on HOSE.
• History: its predecessor was the Transport Materials Supply Enterprise (1981); it was equitised in 2003 as Construction and Materials Trading Joint Stock Company, and renamed CNT Group in 2022.
• Head office: Ho Tung Mau Street, Ho Chi Minh City. The legal representative is Mr Pham Quoc Khanh, Chairman of the Board of Directors (2025 information).
• Capital: owners' contributed capital of 654.8 billion VND as of 30 September 2025.
• Business lines: construction materials supply — it has supplied materials for the Tri An and Thac Mo hydropower plants and the Thu Thiem Tunnel — and real estate development: urban areas, townhouses, villas, apartments.

From 2013 to 2017, the company developed projects in Ho Chi Minh City such as the C&T Plaza complex (former District 2, 1.5 ha) and the C&T An Phuc apartments (former District 8, 1.4 ha). In the Mekong Delta, CNT Group has the Ha Tien New Urban Area of about 98 ha and the Rach Gia sea-reclamation urban area. In 2025, the company's real estate revenue fell sharply as it had few products left to sell.

CNT Group projects under development

Urban Area Southwest of Long Van Bridge — Quy Nhon, Gia Lai

• Location: along National Highway 1D (Tay Son Street), at the gateway to Quy Nhon, Quy Nhon Bac Ward, Gia Lai Province (former Tran Quang Dieu Ward, Quy Nhon City).
• Scale: about 9.03 ha, total capital of over 1,100 billion VND; more than 200 townhouses, shophouses and villas, a shopping centre and two social housing blocks.
• Legal status: investment policy approved on 22 June 2024; CNT Group won the land use right auction on 28 August 2025 at over 238.2 billion VND. Blue Bay Quy Nhon Co., Ltd. is the investment cooperation partner.
• Status: construction started on 28 October 2026; prices, commercial name and launch date have not been announced.

See progress and information on the Urban Area Southwest of Long Van Bridge

Commercial apartment project on Huynh Tan Phat Street — Quy Nhon

A site of about 1,556 m² in former Dong Da Ward, Quy Nhon City, won at auction by CNT Group in September 2024; it is planned for about 181 apartments, 2 basements and 18 storeys above ground. At the end of 2024, the project was transferred to Blue Bay Quy Nhon Co., Ltd. — an associate company in which CNT Group has held 38% since August 2025.

How HPR can help

CNT Group's projects in Quy Nhon are not yet on sale, and HPR does not distribute any of this developer's projects. While waiting for official information, HPR can help you compare projects on sale in Quy Nhon, check the project's legal status with you — especially the land use term of townhouses on auctioned land — and calculate your home purchase cash flow based on your budget.

Following CNT Group's projects in Quy Nhon? Leave your phone number — an HPR consultant will help you compare projects, check the legal status and work out your cash flow based on your budget.