$628 mln eco-resorts in Hoa Binh province seek investors
Hoa Binh, neighboring Hanoi, is seeking VND14,590 billion ($628 million) in private investment capital for three eco-resort projects in Kim Boi and Lac Son districts.
The three projects are set to enter operation in the first quarter of 2026, with the approval of the northern province's planning and investment authorities.
A mountainous view of Mai Chau town in Hoa Binh, northern Vietnam. Photo courtesy of the province.
The first, a 189-hectare complex of eco-urban areas with high-class entertainment and cable car services, will span the communes of Kim Boi and Cuoi Ha, Kim Boi district.
With a planned population of about 10,900, the Late Summer project will have investment capital of VND6,656 billion ($286 million).
It will build 1,200 villas covering 350 to 750 square meters each, with three to four storeys, and 700 shophouses of 90 to 120 square meters, with four to five storeys. The construction density is 25-30% for villas, and a maximum 60% for shophouses.
The Doi Thung high-class entertainment, resort and eco-urban project will cover 186 hectares in Quy Hoa commune, Lac Son district.
With a planned population size of about 10,000, the VND5,306 billion ($228 million) project will build about 500 houses spaced from 90 to 120 square meters and 350 detached and semi-detached resort villas with an area of 450 to 500 square meters each.
The Ho Kha high-class hot mineral resort and eco-urban complex, located in Quy Hoa commune, Lac Son district, is set to house around 4,600 people with a scale of 85.2 hectares.
This VND2,628 billion ($113 million) complex will include between 110 and 200 detached villas with an area of 600 to 750 square meters each and about 120 semi-detached resort villas covering 450 to 500 square meters.
Hoa Binh is home to scenic landscapes and ethnic groups. The province hosts the giant Song Da hydro power plant, Kim Boi hot spring, and Hoa Binh reservoir, the largest man-made lake in Vietnam.
- Related News
- Read More
HCMC plans to break ground on 9 metro lines in late 2027
Ho Chi Minh City is aiming to simultaneously break ground on nine urban metro lines by the end of 2027, with a total investment reaching $44 billion.
Infrastructure - Sun, September 21, 2025 | 9:14 pm GMT+7
Philippine central bank tightens rules on large cash transactions
The Philippine central bank (BSP) has tightened regulations on large-value cash transactions to curb money laundering, as the Government investigates alleged corruption in infrastructure projects.
Southeast Asia - Sun, September 21, 2025 | 2:56 pm GMT+7
Coteccons sees robust opportunities as Vietnam’s urbanization, infrastructure development accelerate
Coteccons engineers will take on more projects and new opportunities over the next 10-20 years as urbanization in Vietnam accelerates, Bolat Duisenov, chairman of Vietnam's major builder Coteccons (HoSE: CTD), said on Saturday.
Companies - Sun, September 21, 2025 | 2:53 pm GMT+7
Vingroup to develop renewable energy in Indonesia
Vietnam's leading private conglomerate Vingroup on Friday signed an MoU with PT. Sulsel Andalan Energi, an enterprise based in South Sulawesi, Indonesia, on collaboration in developing renewable energy, focusing on large-scale solar power projects.
Energy - Sun, September 21, 2025 | 9:19 am GMT+7
Construction on $7.7 bln LNG power plant project in northern Vietnam to begin this month
A 4,800 MW LNG-to-power plant, with a total investment of $7.7 billion, is scheduled to commence construction in late September in the northern port city of Hai Phong.
Energy - Sun, September 21, 2025 | 8:00 am GMT+7
Domestic transfers of VND500 mln or more must be reported: Vietnam central bank
Under the newly-issued Circular No. 27, the State Bank of Vietnam (SBV) requires all domestic money transfers of VND500 million ($18,952) or more - the equivalent in foreign currency - to be reported to its anti-money laundering department.
Banking - Sat, September 20, 2025 | 7:43 pm GMT+7
Ciputra Hanoi Badminton marks milestone at Malaysia International Tournament
The general department of sports and physical training under the Ministry of Culture, Sports and Tourism on September 5 issued a decision to send nine members of the national badminton team to participate in the Petronas Malaysia International Series 2025 from September 7-13 in Malaysia.
Companies - Sat, September 20, 2025 | 6:57 pm GMT+7
China’s Goertek pours extra $130 mln into northern Vietnam project
Goertek Technology Vina Company Limited, a subsidiary of Chinese electronics giant Goertek, has secured the eighth revised investment registration certificate for its Goertek Nam Son-Hap Linh project in Bac Ninh province, northern Vietnam.
Companies - Sat, September 20, 2025 | 2:44 pm GMT+7
Vietnam’s leading construction material maker Viglacera overhauls three core businesses
Viglacera (HoSE: VGC), Vietnam's leading construction material producer and industrial real estate developer, unveiled sweeping restructuring plans for its three core businesses, namely sanitary ware, tiles, and real estate, within only a month, from August 22-September 17.
Companies - Sat, September 20, 2025 | 11:38 am GMT+7
Vietnam’s seaport system a vital link in global supply chains
A Vietnam Seaports Association (VPA) congress held on Thursday set priorities for the development of modern and sustainable seaports driven by technology and digital transformation to strengthen competitiveness and contribute to national economic growth.
Companies - Sat, September 20, 2025 | 9:25 am GMT+7
Herbalife Vietnam holds 53% of sector’s H1 revenue
Herbalife, a U.S.-invested dietary supplement company, posted revenue of more than VND4 trillion ($151.61 million) in Vietnam in H1/2025, making up about 53% of the sector’s total, according to the National Competition Commission.
Companies - Sat, September 20, 2025 | 8:48 am GMT+7
First turbine of central Vietnam thermal power plant inaugurated
The first turbine of the Vung Ang II thermal power plant was inaugurated on Thursday at Vung Ang Economic Zone in Ha Tinh province.
Companies - Fri, September 19, 2025 | 8:53 pm GMT+7
Vietnam, Japan firms forge strategic alliance to form cold-chain logistics hub
Toan Phat Logistics Joint Stock Company (TPL) on Thursday signed a strategic alliance with Japan’s Kawanishi Warehouse Co., Ltd and MOL Logistics Co., Ltd - a member of Mitsui O.S.K. Lines - to create the Mekong Logistics Hub, designed to pioneer a closed-loop and comprehensive cold-chain system in Vietnam.
Companies - Fri, September 19, 2025 | 8:46 pm GMT+7
Vietnam’s pilot of crypto trading market a bold step towards global fintech standards: experts
The Vietnamese Government’s resolution on the five-year crypto trading market pilot goes beyond keeping pace with global fintech trends to reflect the country’s pioneering role in setting international governance standards for this area, according to insiders.
Companies - Fri, September 19, 2025 | 8:36 pm GMT+7
Central Vietnam province Ha Tinh okays $644 mln wind power project
Ha Tinh province's authorities have green-lighted the 400MW Ky Anh wind power project with an investment of VND17 trillion ($644.37 million), which is set to go into operation in Q4/2028.
Energy - Fri, September 19, 2025 | 6:27 pm GMT+7
Emerging trends in Vietnam's real estate market
Analysts from Indochina Strategic, the real estate advisory arm of Indochina Capital (ICC), offer an insight into 10 emerging trends shaping Vietnam’s real estate M&A market in 2025.
Real Estate - Fri, September 19, 2025 | 4:58 pm GMT+7
