$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.
- Read More
AI to reshape Malaysia’s economic landscape: expert
Artificial intelligence (AI) is set to significantly reshape Malaysia’s economic landscape, presenting not only challenges but also groundbreaking opportunities for growth, job creation, and innovation, according to an expert.
Southeast Asia - Sun, April 27, 2025 | 5:35 pm GMT+7
Vietnam's retail giant Mobile World to keep growing even if market stagnates: chairman
Mobile World Investment Corporation (MWG), a leading retailer in Vietnam, will continue to grow even if the market stagnates or retreats, said chairman Nguyen Duc Tai.
Companies - Sun, April 27, 2025 | 5:24 pm GMT+7
Japanese PM Ishiba arrives in Hanoi, beginning three-day visit
Japanese Prime Minister Ishiba Shigeru and his spouse, together with a high-level Japanese delegation, arrived in Vietnam on Sunday for a three-day official visit from April 27 to 29.
Southeast Asia - Sun, April 27, 2025 | 3:58 pm GMT+7
Thailand plans to inject $15 bln into economy
Thailand's Ministry of Finance aims to inject over THB500 billion ($15 billion) into the economy to boost the country's GDP growth by over 1.8%, focusing on stimulating consumption, investment, and providing soft loans.
Southeast Asia - Sun, April 27, 2025 | 1:54 pm GMT+7
New southern Vietnam plant to bring 'sustainable, long-term benefits' to Nam Kim Steel: chairman
Vietnamese steel major Nam Kim's 1 million-ton Phu My plant in the southern province of Ba Ria-Vung Tau is expected to create sustainable and long-term benefits for the company, said CEO Vo Hoang Vu.
Companies - Sun, April 27, 2025 | 1:42 pm GMT+7
Techcombank eyes market cap of $20 bln by end-2025: chairman
Techcombank, one of Vietnam’s major private lenders, aims to expand its market capitalization to $20 billion by the end of 2025, said chairman Ho Hung Anh.
Banking - Sun, April 27, 2025 | 10:40 am GMT+7
Vietnam’s private lender Sacombank to trim payroll, acquire securities broker
Sacombank, a mid-sized private lender in Vietnam, plans to downsize its headcount in 2025-2026 as part of its push toward digital transactions.
Banking - Sun, April 27, 2025 | 10:18 am GMT+7
Vietnam property giant Nam Long eyes 35% profit hike for 2025 on strong housing demand
Nam Long Investment Corporation, a major real estate developer in southern Vietnam, aims to achieve a net profit of VND701 billion ($27 million) in 2025, up 35% year-on-year, driven by strong local housing demand.
Companies - Sun, April 27, 2025 | 8:17 am GMT+7
SK may adjust ownership at Vietnam-based pharmacy major Imexpharm
South Korean chaebol SK Group may adjust its stake at Vietnam-based pharmaceutical company Imexpharm as part of a comprehensive portfolio review across the group, including all of SK’s global assets.
Companies - Sat, April 26, 2025 | 7:00 pm GMT+7
Vietnam's PVOIL owns 423 petrol stations with EV chargers following partnership with VinFast
PVOIL, a subsidiary of state-owned giant Petrovietnam, had 423 petrol stations with electric vehicle (EV) chargers nationwide as of March 2025, through its partnership with EV maker VinFast.
Companies - Sat, April 26, 2025 | 2:53 pm GMT+7
Indonesia expects 5% economic growth despite IMF forecast revision
Indonesian Finance Minister Sri Mulyani Indrawati has expressed confidence that the country’s economy will grow by up to 5% in 2025, despite the International Monetary Fund (IMF) having revised down the national growth forecast to 4.7%.
Southeast Asia - Sat, April 26, 2025 | 10:58 am GMT+7
Vietnam's dairy giant Vinamilk to be safe and sound amid US tariff storm: CEO
Vietnam’s largest dairy maker Vinamilk will not be significantly affected by U.S. reciprocal tariffs and global trade competition as its largest share lies in the domestic market, said CEO Mai Kieu Lien.
Companies - Sat, April 26, 2025 | 10:51 am GMT+7
Vietnam's EV startup VinFast posts 192% surge in 2024 deliveries, eyes double figure in 2025
Vietnamese electric vehicle (EV) manufacturer VinFast recorded robust revenue growth in its unaudited Q4 and 2024 financial statements, driven by strong vehicle deliveries despite global market uncertainties.
Companies - Sat, April 26, 2025 | 8:28 am GMT+7
Vietnam’s first rice husk-fueled biomass power plant inaugurated
A biomass power plant using rice husk and woodchips as fuel was inaugurated on Friday in Vietnam's Mekong Delta province of Hau Giang.
Southeast Asia - Fri, April 25, 2025 | 11:13 pm GMT+7
Bestway International launches $300 mln plant in southern Vietnam
Chinese group Bestway International has launched a $300 million investment project in Vietnam's southern city of Can Tho, signaling a significant boost in large-scale foreign investment for the Mekong Delta region.
Southeast Asia - Fri, April 25, 2025 | 11:10 pm GMT+7
Indonesia accelerates tariff talks with US
Indonesian Coordinating Minister for Economic Affairs Airlangga Hartarto has met with U.S. Secretary of the Treasury Scott Bessent to promote tariff talks with the U.S.
Southeast Asia - Fri, April 25, 2025 | 11:06 pm GMT+7