A visit to Vietnam’s richest commune
Hai Minh in Hai Hau district in the northern province of Nam Dinh is a rural commune, but also home to villas and mansions worth hundreds of thousands of USD. It is known as one of the richest rural communes in Vietnam.
Let’s pay a visit to this special commune.
This mansion was built within nine years, at a cost of more than VND40 billion (approximately $2 million).
In addition to woodworks, Hai Minh is also well-known for bamboo, rattan handicraft for export and ornamental plants.
The land price in the commune has tripled since 2015, from VND10 million/m2 to over VND30 million/m2 at present. Photo: Dan Viet
Veteran Pham Huu Duong is busy all day in the garden to look after 8ha of crops that are bringing high profits to his family as well as creating jobs for dozens of locals.
Four Vietnamese entrepreneurs have been named in the list of the world’s richest people in 2020 by Forbes magazine.