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Vinh Thai Urban Development Corporation established in 2007 with main founding shareholder is a subsidiary of VinaLand, managed by VinaCapital fund management company, with mandate to invest in My Gia township, a modern community. Starting charter capital 596 billion VND at establishment, it is a commitment for the development of this township in the west of Nha Trang city, one of key projects of Khanh Hoa province and Nha Trang city in orient of the city development to the west and relocate administrative center to this area.