The People's Committee of southern central Binh Thuan province is calling on local and foreign investment for four tourism projects with total capital of 384 million USD.
The People's Committee of southern central Binh Thuan province is calling on local and foreign investment for four tourism projects with total capital of 384 million USD.
Le Tien Phuong, the committee's chairman, spoke about the projects at an investment promotion conference held in the province recently, attracting more than 300 enterprises and representatives of associations.
The projects include Ham Tien-Mui Ne Luxury Tourism, Commerce, and Service Complex covering nearly 200 ha with estimated capital of 200 million USD and the 86-ha Hon Rom-Mui Ne Luxury Area with estimated capital of 92 million USD.
The other two projects are the 330-ha Ham Thuan Da Mi Tourist Site with estimated capital of 42 million USD and the 310-ha Bung Thi Hot Spring Tourist Site worth 50 million USD.
The Hoang Quan Group plans to invest the first project of Ham Tien-Mui Ne.
Truong Anh Tuan, the group's chairman and CEO, said that more resorts might be built in the project.
The province has had 1,156 local and foreign investment projects with total capital of 7 billion USD including 104 foreign ones worth 1.7 billion USD from 24 countries and territories.
The province is seeking investment in its industries, especially export processing companies using local materials.
It has 100 mineral mines including coal, gold, tin and titanium. The latter has a total of 500 million of tonnes in reserves.
Nguyen Duc Hoa, head of the provincial Department of Planning and Investment, said the province had offered preferential income tariffs and land hiring fees for investors in localities such as Phu Quy Island, several districts and industrial parks.
The province will also provide loans to enterprises to train human resources, transfer technology and develop markets, he added.
At the conference, the committee signed an investment agreement for projects including the Vietnam-Cambodia United Friends Tourism Area, Hoa Thang Wind Power Plant No 1 and Solar Power Plant.
One enterprise said it wanted to build a plant to produce adobe bricks by using coal residue from Vinh Tan Thermoelectricity Plan No 2. Another 12 investors also plan to build similar plants.
Phuong told the enterprises to consult Electricity of Vietnam (EVN), which is in control of coal residues. If EVN agrees, the province will create favourable conditions for these plants as they can reduce pollution caused by coal mining.
He said the province would continue to improve the investment environment, especially inter-regional roads.
Phan Thiet Airport is expected to open soon, he added.-VNA
An international workshop focusing on promoting connections in tourism development among Vietnam’s localities with provinces in southern Laos and northeast Cambodia will take place in Binh Thuan.
A ship with a middle-speed engine able to carry 250 passengers and 50 tonnes of goods went into operation in central Binh Thuan province on September 8.
Binh Thuan’s Tourism Association worked with an international delegation of travel agencies and reporters on September 13 in a bid to promote the central province’s popular services and products.
Seven additional investment projects will be carried out in the central province of Binh Thuan, as agreed between local authorities and investors at a promotion conference held on September 12.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Deputy PM Tran Hong Ha urged countries to work together to remove supply chain bottlenecks, expand market access, strengthen cooperation in smart customs procedures, mutually recognise technical standards, and eliminate unnecessary protectionist barriers to boost trade and investment.
The event has gathered over 400 exhibitors from 16 countries and territories, with more than 980 booths showcasing a wide range of products and technologies in automotive components, electronics, repair and maintenance, bodywork, accessories, and customisation.
The latest order follows Vietjet’s commitment for 20 additional A330neo aircraft last month, bringing the airline’s total widebody aircraft on order to 40.
Minister of Finance Nguyen Van Thang acknowledged the target represents an important milestone for socio-economic development as well as a demonstration of the country’s aspiration for robust economic growth.
A view of Mui Ne beach in Binh Thuan (Photo: VNA)
