Hanoi (VNS/VNA) - The People’s Committee of Ho Chi Minh City has officially approved the investment project for land reclamation as p🧜art of the development of the Can Gio Coastal Urban Tourism Area.
The project spans across Long Hoa commune and Can Thạnh town in Can Gio district.
The land reclamation component covers a total area of over 1,357ha and has been designated as a Group A project with a 50-year operational timeline.
The initiative aims to transform the area into a premier coastal urban tourism destination. Plans include luxury resorts, convention and conference centres, smart city zones, high-tech service hubs, residential housing, and hotels. The implementation timeline for the project extends from 2020 to 2031.
The Can Gio Urban Tourism Joint Stock Company is the developer behind the project, with a total investment exceeding 64.425 trillion VND (approximately 2.6 billion USD). Of this amount, 51.54 trillion VND is allocated for construction costs, 132 billion VND for project management, 435 billion VND for consultancy, and the remainder for other associated expenses.
HCM City authorities have mandated that the developer and its consultants bear full legal responsibility for the accuracy of all documents submitted for appraisal. They are also required to incorporate feedback from relevant departments and strictly adhere to all regulatory procedures.
The developer is also mandated to implement environmental protection measures in accordance with the approved environmental impact assessment report. In the event of violations, municipal authorities have instructed relevant regulatory agencies to take appropriate legal action.
On January 24, the city approved the 1:500 detailed zoning plan for the Can Gio Coastal Urban Area, spanning 2,870ha and divided into four zones: A, B, C, and D-E. The project envisions accommodating a population of 228,506 while attracting up to 9 million tourists annually.
The master plan dedicates 838ha for commercial housing, complemented by 102ha earmarked for social housing, which is designed to accommodate around 54,000 residents. Notably, Zone C is set to host an iconic landmꦯark complex, featuring a commercial centre and a striking 108-story skyscraper, poised to become a signature highlight of the development./.
Vice Chairman of the municipal People’s Committee Ho Ky Minh, who is accompanying the Deputy PM, told the Vietnam News Agency (VNA)'s resident correspondents in London that the city received comprehensive recommendations on core principles for building a successful financial centre. The city has also focused on learning investment incentive policies that create an equal competitive environment for both domestic and international businesses.
The city's tourism officials said the tourists’ selection of Vietnam as a destination during Nowruz, the Iranian New Year celebration, demonstrates the country’s growing appeal.
Among the standout experiences is the “From the Tet Offensive to the Glorious Spring Victory” tour, which takes visitors on a historical journey through key landmarks that reflect the city's transformation.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
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.
