On November 15, 2025, the groundbreaking ceremony for Cara Water Park officially took place, marking the beginning of a transformative journey to create an iconic entertainment hub at the heart of CaraWorld Cam Ranh.
Land valuation based on market principles does not imply unfettered price fluctuations. Instead, it necessitates state-led regulation throughout the development process to ensure balanced and controlled adjustments.
Minister of Construction Trần Hồng Minh stated that the current permitting process for managing construction order has caused significant hardship for citizens and businesses, deeming it an "utterly unreasonable" requirement.