Binh Thuan province plans massive national tourism area
The coastal province of Binh Thuan in central Vietnam has just approved a long-term plan to build the “Mui Ne National Tourist Area” covering 14,760 hectares.

A corner of Mui Ne in Binh Thuan province, south-central Vietnam. Photo courtesy of Vinwonders.
The plan to build the area (until 2040 with vision extended to 2050) was approved by Binh Thuan People’s Council, the province’s legislative arm, on Saturday.
Accordingly, the tourism area will expand to the north and west, covering 6,625 hectares of Phan Thiet Town (comprising the wards of Mui Ne, Ham Tien, Phu Hai, and Thien Nghiep communes); 7,165 hectares of Bac Binh district (Hoa Thang and Hong Phong communes); and 970 hectares of Tuy Phong district (Phan Ri Cua town).
This national tourist area will comprise three subdivisions: the Phu Hai-Ham Tien coastal tourism-urban area; Nam Hong Phong coastal tourism area and Mui Ne tourism-urban area; and Hoa Thang urban center area.
It will develop all types of marine tourism including entertainment, sports, resorts and healthcare, as well as agriculture eco-tourism and trade.
The province will prioritize infrastructure investment including the upgrading of some roads connecting localities with the Mui Ne-Phan Ri coastal road, the road to Phan Thiet airport, the Phan Thanh-Hoa Thang road, and the Hong Thai-Hong Thang road.
It will also invest in several marinas - one in Tuy Phong district, three in Bac Binh district, and four in Phan Thiet town. A dike system will be built to protect beaches in tourist areas by preventing erosion and reducing the impacts of climate change.
Mui Ne had shot into the national and international tourism limelight in 1995 as a spot to watch the total solar eclipse from.
The province expects the Mui Ne national tourist area to welcome 14 million visitors by 2030, including 2.5 million international visitors; 25 million visitors by 2040 (six million international visitors); and 35 million by 2050 (11 million international visitors).
The provincial People's Committee will complete project documents and send them to the Ministry of Construction for appraisal and submission to Prime Minister Pham Minh Chinh for approval.
The beach town of Mui Ne along the central coast was the only Vietnamese representative to make the list of the world's six cheapest destinations for an autumn holiday by Dutch-based online travel agency Booking.com in October this year.
- Read More
Listed Vietnamese companies almost not involved in 'transshipping': Dragon Capital
Only about 1.5% of the total revenue of Vietnamese companies listed on the Ho Chi Minh Stock Exchange (HoSE) comes from exports to the U.S., meaning "transshipping" is almost irrelevant, says Dragon Capital, a leading foreign-run asset management firm in Vietnam.
Economy - Sun, July 6, 2025 | 1:39 pm GMT+7
Indonesia maintains lowest debt ratio among G20 members
Indonesia’s external debt-to-GDP ratio stood at 30.6% in the first quarter of 2025, the lowest among the Group of Twenty (G20) comprising major developed and emerging economies, according to data from the Bank of Indonesia.
Southeast Asia - Sun, July 6, 2025 | 11:27 am GMT+7
Thailand's digital GDP expected to grow 6.2% this year
The Digital Economy and Society (DES) Ministry of Thailand expects digital GDP this year to expand by 6.2% year-on-year, despite the potential impact of the U.S.'s reciprocal tariffs.
Southeast Asia - Sun, July 6, 2025 | 10:44 am GMT+7
Healthcare M&As surge in Vietnam on foreign capital inflows
Despite a global downturn in healthcare M&A activity, Vietnam’s market has witnessed major deals in the first half of 2025.
Finance - Sun, July 6, 2025 | 10:40 am GMT+7
Vietnam’s cement giant Vicem posts profit after 2 years of losses
After two consecutive years of losses, Vietnam Cement Industry Corporation (Vicem) has reported a consolidated after-tax profit of over VND34 billion ($1.3 million) in the first half of 2025.
Companies - Sun, July 6, 2025 | 8:00 am GMT+7
Indonesia, Saudi Arabia sign $10 bln deal on green projects
Indonesia’s sovereign wealth fund (SWF) Danantara has signed an MoU with ACWA Power, a Saudi Arabian leading green energy corporation, to explore investments in renewable energy projects with total funding estimated at up to $10 billion.
Southeast Asia - Sat, July 5, 2025 | 11:26 pm GMT+7
Thailand yet to reach tariff deal with US: official
Thailand has yet to conclude negotiations with the U.S. on reciprocal tariffs but has gained “valuable insights” that will guide the development of a revised proposal, Thai Deputy Prime Minister Pichai Chunhavajira said on Friday.
Southeast Asia - Sat, July 5, 2025 | 11:24 pm GMT+7
Soilbuild International starts work on $60 mln ready-built industrial facility project in northern Vietnam
Singapore-based real estate developer Soilbuild International has broken ground on a $60 million ready-built industrial facility in Vietnam’s northern province of Hung Yen.
Industrial real estate - Sat, July 5, 2025 | 11:20 pm GMT+7
Phu Quoc casino owner issues $91.67 mln bonds in capital restructuring
Phu Quoc Tourism Development and Investment JSC, owner of the Corona casino on Vietnam’s resort island of Phu Quoc, has completed the issuance of VND2.4 trillion ($91.67 million) in five-year bonds as part of its capital restructuring plan.
Companies - Sat, July 5, 2025 | 5:54 pm GMT+7
SK Group pushes for potential investment in $2.2 bln LNG-fired power plant in central Vietnam
A delegation from South Korean chaebol SK Group has held a second round of talks with Nghe An province authorities to explore investment opportunities for a $2.2 billion LNG-fuelled power plant project.
Energy - Sat, July 5, 2025 | 1:47 pm GMT+7
Vietnam GDP grows 7.52% in H1, 15-year record high
Vietnam's economic growth rate reached 7.52% in the first six months of the year, a record high in the period 2011-2025, the General Statistics Office reported on Saturday.
Economy - Sat, July 5, 2025 | 10:46 am GMT+7
Vietnam needs two-pronged policy approach to mitigate impact of rising oil prices: RMIT experts
A surge in global oil prices poses a significant threat to Vietnam’s economy and to cushion these impacts, the country needs a two-pronged policy approach, write Dr Vu Hong Nhung and Dr Phan Thanh Chung, lecturers at the economics and finance department, Business School, RMIT University Vietnam.
Consulting - Sat, July 5, 2025 | 8:54 am GMT+7
Vietnam's registered FDI tops $21 bln in H1, highest in 16 years
Registered foreign direct investment (FDI) in Vietnam hit over $21.51 billion in the first half of the year, up 32.6% and a record high since 2009, while disbursed capital reached $11.72 billion, up 8.1%.
Economy - Fri, July 4, 2025 | 8:50 pm GMT+7
Gemadept’s southern Vietnam port receives mega container ships
Within just over two years of trial operations (from March 2023 to May 2025), Gemalink Port of Vietnamese logistics giant Gemadept in Ba Ria-Vung Tau has safely received 70 container vessels of over 200,000 DWT (up to 232,494.5 DWT) under partially loaded conditions.
Companies - Fri, July 4, 2025 | 4:54 pm GMT+7
Agro-forestry-fisheries exports near $34 bln in H1
Vietnam’s agro-forestry-fisheries exports hit $33.84 billion in the first half of 2025, marking a 15.5% increase year-on-year.
Economy - Fri, July 4, 2025 | 3:36 pm GMT+7
Malaysia’s data center operators struggle due to power cost hike
Malaysia’s data center sector is projected to grow at a 22% CAGR from 2023 to 2029 due to cost competitiveness, skilled workforce, and a robust digital ecosystem, according to a report by global investment bank ARC Group.
Southeast Asia - Fri, July 4, 2025 | 3:23 pm GMT+7
- Opinion
-
Vietnam embraces new wave of investments: HSBC exec
-
US agreement on 20% tariff for goods imported from Vietnam 'a success': expert
-
Chinese e-commerce giant Temu's Vietnam entry: unfair competition or market economy norm?
-
Vietnam's economy: positive changes but concerns persist
-
Slow administrative procedures hinder Korean investments in Vietnam: KoCham chair
-
Abundant real estate opportunities surround HCMC