Vietnam property players
Ecopark review: services, fees, pros and cons
Is Ecopark a reliable developer for foreign buyers?
Ecopark at a glance
Property developer- Developer
- Ecopark Group (formerly Vihajico — Việt Hưng Phú Thị Investment and Development JSC)
- Head office
- Sales and administrative offices in Hanoi; development site in Văn Giang district, Hưng Yên province
- Adjacent to Hanoi's Gia Lâm district, across the Red River
- Ownership
- Privately held
- Not listed on the Hanoi or Ho Chi Minh City stock exchange
- Scale
- ≈500 hectares, developed in phases since 2009
- Zones include Aqua Bay, Sky Oasis, Sol Forest, Rừng Cọ (Palm Garden) and Swan Park, each launched separately
- Property types
- Villas, shophouses, and low- to high-rise apartment towers, sold both off-plan and on the resale market
- Foreign-buyer terms
- Standard 50-year renewable-once certificate, 30% foreign quota per building
- Housing Law 2023 — no project-specific variation from national rules
- On-site amenities
- In-house international schools, a hospital and retail, including the Ecopark Grand World leisure and retail district (open since 2023)
- Sales language
- Vietnamese-led sales process; English-language marketing materials available
- Confirm English-speaking staff for a specific viewing in advance
Editorial rating: Ecopark
- Foreigner accessibility
- 3.5 / 5
- English support
- 3.0 / 5
- Track record
- 4.5 / 5
- Fees & transparency
- 4.0 / 5
- Documentation & process
- 3.5 / 5
Open to foreign buyers under Vietnam's standard national rules, but Ecopark markets primarily to the domestic and diaspora market rather than running a dedicated overseas buyer programme, unlike some larger rivals.
English-language marketing materials exist, but on-site sales and after-sales support are led in Vietnamese; confirm English-speaking staff availability before booking a viewing or a signing appointment.
One of Vietnam's earliest large-scale eco-townships, with continuous multi-phase delivery since 2009 and an active resale market in its established zones — a genuine signal that earlier phases were completed and titled.
Fees follow the same national statutory schedule as any Hanoi-area project, with no evidence of project-specific mark-ups beyond standard registration and maintenance charges published elsewhere on this site.
Title issuance is well established in older, fully built zones; newer phases are still mid-construction, so always confirm a specific building's paperwork timeline before signing a reservation.
+ Strengths and points to verify
- +One of Vietnam's earliest large-scale, master-planned eco-townships, with continuous multi-phase delivery since 2009.
- +Established zones such as Rừng Cọ and Aqua Bay have a genuine resale market with real transaction history.
- +Low-density design built around lakes, parks and tree-lined boulevards — a distinct product from Hanoi's high-rise inner-city stock.
- +In-house schools, retail and healthcare, plus the Ecopark Grand World leisure district since 2023, reduce daily reliance on central Hanoi.
- +Foreign-ownership terms follow the same national rules as any Hanoi project — no extra restriction beyond the standard 30% quota.
- +≈500-hectare scale gives buyers a real choice of zone, build vintage and unit type, not a single tower.
−
- −Sits administratively in Văn Giang district, Hưng Yên province — not within Hanoi's city limits, despite functioning as a satellite of the capital.
- −Commute to central Hanoi runs roughly 30–45 minutes via Red River bridge crossings, with no dedicated express link.
- −Privately held with no stock listing or public credit rating, unlike Vinhomes (HOSE: VHM) — less independently verifiable financial disclosure.
- −Multi-decade phased build-out means some zones remain active construction sites next to occupied streets — always confirm a specific building's handover status.
- −No independently audited environmental or energy-performance data behind the 'eco' positioning; treat it as a design choice, not a certification.
- −English-language, overseas-facing sales infrastructure is less developed than at larger groups such as Vinhomes.
✓ Who Ecopark suits — and who should look elsewhere
- ✓Families who value green space, international schooling and low-density living over a five-minute commute
- ✓Long-stay expats and retirees who don't need daily access to Hanoi's Old Quarter or CBD
- ✓Buyers seeking more square metres per euro than central Hanoi typically offers
- ✓Investors comfortable targeting Ecopark's own resident, school and retail demand rather than downtown rental liquidity
- ⚠Buyers who need a walk-to-office address in Hoàn Kiếm, Ba Đình or Tây Hồ
- ⚠Short-term flippers prioritising the fastest possible resale in a downtown market
- ⚠Anyone unwilling to budget 30–45 minutes each way for a Hanoi commute
- ⚠Buyers who prioritise a stock-listed developer with public financial disclosure
Frequently asked questions
Is Ecopark environmentally friendly?
Ecopark markets itself as a low-density "garden city" built around lakes, canals and heavy tree planting rather than dense tower blocks — a genuine design difference from most Hanoi developments. No independently audited environmental or energy-performance data is publicly available, however, and a car-dependent commute back into Hanoi carries its own footprint. Treat the green positioning as a design choice, not a certified rating.
Can foreigners buy an apartment at Ecopark?
Yes. Apartments in Ecopark's approved commercial-housing projects follow Vietnam's standard 30% foreign-ownership quota per building and a 50-year certificate, renewable once, under the Housing Law 2023. See our guide to foreign-ownership rules for the full picture, including villas and shophouses. Confirm a specific zone's current quota before reserving.
Is Ecopark a reliable developer?
By delivery track record, yes: Ecopark has built out continuously since 2009 across several named zones, and its earliest phases now have a functioning resale market — a meaningful signal that units were actually completed and titled. It is privately held with no stock-exchange listing, though, so financial disclosure is less transparent than at a listed peer like Vinhomes.
Is Ecopark part of Hanoi?
No — Ecopark sits in Văn Giang district, Hưng Yên province, just across the Red River from Hanoi's Gia Lâm district, not within Hanoi's own city limits. This has no bearing on your ownership rights as a foreign buyer, which are set by national law rather than by province.
Does Ecopark offer financing for foreign buyers?
Not directly — Ecopark is a developer, not a lender, and Vietnamese banks generally do not extend mortgages to non-resident foreign buyers. Most international purchasers fund an Ecopark unit through direct international transfer rather than local financing; budget transfer costs and exchange-rate timing alongside the purchase price.
What fees should I budget for beyond the purchase price?
The same national schedule applies as at any Hanoi-area project: a 0.5% registration fee and, on new-build apartment towers, a one-off 2% maintenance fund contribution, both set by statute rather than by Ecopark. Fees are billed in Vietnamese đồng (VND), so most international buyers budget in euros (€) and convert at the time of each payment — confirm your all-in figure against the buying process before signing.
Where can I see photos and current listings at Ecopark?
Our Ecopark buyer's guide has curated photos of the township's parks and streets alongside live listings by zone; use it alongside this review to compare Ecopark against alternative developers before shortlisting a unit.
Our verdict on Ecopark
3.7 / 5Ecopark earns its reputation the hard way: through fifteen years of continuous, multi-phase delivery rather than a single flagship launch. For a foreign buyer weighing a low-density, garden-township lifestyle against a downtown Hanoi address, that track record — visible in the working resale market of its earliest zones, Rừng Cọ and Aqua Bay — is the strongest argument in its favour. Foreign-ownership terms are exactly what they would be anywhere else in Vietnam, so there is no project-specific legal upside or downside to weigh; the decision is really about lifestyle and location, not legal risk.
The honest caveats: Ecopark sits in Hưng Yên province, not Hanoi proper, so the 30–45-minute river crossing is a permanent feature of ownership, not a launch-phase inconvenience that will disappear once construction finishes. It is also privately held, with none of the public financial disclosure that comes with a listed peer such as Vinhomes — see our developer comparison if independent financial scrutiny matters to you. English-language, overseas-facing sales support is noticeably less built out than at the larger groups, too, so budget extra time for translation and clarification during the reservation and contract stages.
Our overall editorial score is 3.7 out of 5: a genuinely reliable, long-running developer for buyers who want space and greenery over a five-minute commute, but not the first name we'd suggest to a buyer whose priority is a downtown address or a listed developer's transparency. Newer zones still under construction deserve more scrutiny than the established ones. Run your own due diligence on the specific zone and building before committing a deposit.
Considering a property at Ecopark?
Our Hanoi desk has helped foreign buyers evaluate Ecopark alongside Vinhomes, Sun Group and other major developers. Tell us your budget and timeline and we'll give you an independent second opinion — no obligation, and we don't work for Ecopark.