An artist’s rendering of the proposed integrated resort in Van Don, Quang Ninh Province.
The project will be located in Van Yen commune, Van Don District, Quang Ninh Province (as defined by the approved construction planning for the high-class complex of tourism, service, and entertainment facilities in Van Don Economic Zone, in accordance with Vietnam’s construction laws).
With a minimum investment capital of US$2 billion, the project will have a maximum duration of 70 years from the date of the investor receiving the investment registration certificate.
The project aims to develop a premium integrated resort with entertainment and MICE facilities, attracting international visitors with a range of offerings: casino operations; real estate, tourism services, hotels, resorts, and villas; a commercial complex with offices, conference, and exhibition spaces; and high-quality sports, entertainment, and wellness facilities.
Casino operations and the pilot program allowing Vietnamese to gamble will only commence when all legal requirements for casino businesses and relevant laws are met.
Spanning an area of 244.45 hectares, the land use plan and functional zones for the development area (182.37 hectares) include: land for the casino, resorts, hotels, commercial tourism services, villas, commercial services, tourism services, public areas, parks, green spaces, sports facilities, schools, water bodies, beaches, parking lots, forests, technical infrastructure hubs, transportation networks, and other technical infrastructure. The land use plan adheres to the approved construction planning for the high-class complex in Van Don Economic Zone, as per construction laws.
The natural forest area of 62.08 hectares (including 38.29 hectares of protective forest and 23.79 hectares of production forest) interspersed within the project site will remain untouched and be managed in accordance with forestry laws and relevant regulations. This area is excluded from the land allocated or leased to the investor for the project.
The project must be completed within nine years from the date of land allocation or lease to the investor. The People’s Committee of Quang Ninh Province will determine the method for selecting the investor, ensuring compliance with investment, land, bidding, and other relevant laws. The investor must possess the requisite capacity and meet all conditions stipulated by applicable laws.
“UK-Vietnam Bilateral Trade and Investment: Prime Minister Calls for Six Breakthroughs to Surpass the $10 Billion Milestone.”
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On the morning of June 28, at the Government Headquarters, Prime Minister Pham Minh Chinh hosted a dialogue with British businesses operating, investing, and trading in Vietnam. The Prime Minister called on the United Kingdom and British businesses to join Vietnam in achieving six breakthroughs, with the aim of raising bilateral trade turnover and British investment in Vietnam to over $10 billion in the coming years.
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“Q2 Earnings Call: Projected Profit Doubles That of Last Year”
The 2025 Annual General Meeting of Thac Mo Hydro Power Joint Stock Company (HOSE: TMP) held on the afternoon of June 27th, approved several key performance indicators and plans for the year. In addition, Chairman of the Board of Directors, Huynh Van Khanh, revealed an impressive estimated result for the second quarter, attributing the success to favorable weather conditions in the Southeast region.
The Highway to Progress: Vietnam’s Parliament Approves $5.2 Billion Ring Road Project for Ho Chi Minh City
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