Famous tourist destination Eo Gio reopens

By Trang Nguyen
Sun, December 18, 2022 | 10:52 am GMT+7

Quy Nhon town officially reopened the famous tourist destination Eo Gio on Friday after FLC Group's tourism development and exploitation rights were scrapped early this year.

Eo Gio is a top tourist attraction in Quy Nhon town, Binh Dinh province, south-central Vietnam. Photo courtesy of Vietnamdailytour.

Eo Gio is a top tourist attraction in Quy Nhon town, Binh Dinh province, south-central Vietnam. Photo courtesy of Vietnamdailytour.

The People's Committee of Nhon Ly commune is now the operator of the scenic site, with entrance fees at VND22,000 ($0.93) per person.

Free entry is available to people with permanent residence in Nhon Ly, public agencies carrying out inspections and surveys of Eo Gio, disabled people, children under one meter tall, and tour guides.

Opening hours are from 5 a.m. to 6 p.m. daily.

Eo Gio means "Strait of the Winds", also known as the "Waist (due to the curved-in mountain) of Winds" in Vietnamese, according to Tripadvisor, an American online travel company.

At the end of 2015, Binh Dinh Provincial People's Committee approved the implementation of an Eo Gio high-class eco-tourism resort project with total investment of VND1.6 trillion ($67.78 million). Since 2017, FLC Group has built a sight-seeing platform, a concrete road running along the rocky mountainside to the coast, and an entrance gate with ticket booths.

However, at the beginning of May 2022, FLC stopped selling tickets to allow tourists to visit the site free of charge.

Like Binh Dinh, many provinces in Vietnam have terminated FLC Group's investment projects over delays after the arrest of its former chairman Trinh Van Quyet for alleged stock market manipulation.

The Binh Dinh Provincial People's Committee has assigned the provincial Economic Zone Management Board to coordinate with relevant agencies to organize a bidding process to select new investors to implement projects in the area in accordance with state regulations.

Comments (0)
  • Read More
Vietnam attracts $9.27 bln in registered FDI from Jan-Apr, Ba Ria-Vung Tau top recipient

Vietnam attracts $9.27 bln in registered FDI from Jan-Apr, Ba Ria-Vung Tau top recipient

Registered foreign direct investment (FDI) in Vietnam reached $9.27 billion in the year to April 22, while disbursed FDI hit $6.28 billion, the highest figure in the last five years.

Economy - Tue, April 30, 2024 | 10:43 am GMT+7

Ninh Thuan grants investment certificates to 7 manufacturing, energy, infrastructure projects

Ninh Thuan grants investment certificates to 7 manufacturing, energy, infrastructure projects

The south-central province of Ninh Thuan has awarded seven investment registration certificates to projects in the fields of manufacturing, energy, and infrastructure, with total registered capital of VND4.88 trillion ($192.54 million).

Industries - Tue, April 30, 2024 | 10:33 am GMT+7

No more delays to HCMC 'super' port construction: experts

No more delays to HCMC 'super' port construction: experts

The construction of the $5.5 billion Can Gio “super” port in Ho Chi Minh City should not be delayed now that MSC, the world's leading shipping company, has proposed to invest in the mega project, said experts.

Infrastructure - Tue, April 30, 2024 | 7:00 am GMT+7

Private lender VPBank targets 114% profit growth in 2024

Private lender VPBank targets 114% profit growth in 2024

Vietnam’s leading private lender VPBank targets to rake in VND23.17 trillion ($914.18 million) in pre-tax profit this year, a year-on-year increase of 114%, according to its 2024 business plan approved by shareholders at the AGM on Monday.

Banking - Mon, April 29, 2024 | 11:13 pm GMT+7

Construction firm Lizen to focus on transport infrastructure, suspend some renewables projects

Construction firm Lizen to focus on transport infrastructure, suspend some renewables projects

With real estate market remaining sluggish and renewable energy policies yet to be finalized, construction firm Lizen has decided to focus on transport infrastructure and electrical engineering.

Companies - Mon, April 29, 2024 | 10:39 pm GMT+7

Speculative groups stand behind Hanoi apartment fever: association

Speculative groups stand behind Hanoi apartment fever: association

The recent apartment fever that has swept in Hanoi shows signs of being impacted by speculative groups who have created virtual supply and demand to push prices up, according to the Vietnam Association of Realtors (VARS).

Real Estate - Mon, April 29, 2024 | 4:07 pm GMT+7

Vietnam industrial production expands 6% in Jan-April

Vietnam industrial production expands 6% in Jan-April

Vietnam's index of industrial production (IIP) remained on an upward trend, rising 6.3% year-on-year in April and 6% in January-April this year.

Economy - Mon, April 29, 2024 | 3:50 pm GMT+7

Industrial real estate still leads Vietnam market: experts

Industrial real estate still leads Vietnam market: experts

Despite difficulties, industrial park real estate still leads the market, attracting sustainable foreign direct investment (FDI) to Vietnam, said experts.

Industrial real estate - Mon, April 29, 2024 | 2:38 pm GMT+7

Hanoi photo exhibition depicts Vietnam’s significant victories in 20th century

Hanoi photo exhibition depicts Vietnam’s significant victories in 20th century

A photo exhibition highlighting Vietnam’s victories that changed the course of world history is being held at the pedestrian space around Hoan Kiem Lake downtown Hanoi.

Travel - Mon, April 29, 2024 | 1:41 pm GMT+7

Hanoi’s top painters exhibit their work dedicated to national flower

Hanoi’s top painters exhibit their work dedicated to national flower

The lotus – Vietnam’s national flower, is being honored at an art exhibition that opened in Hanoi on Sunday.

Travel - Mon, April 29, 2024 | 1:39 pm GMT+7

Thailand carries out cabinet reshuffle

Thailand carries out cabinet reshuffle

The new cabinet of Thai Prime Minister Srettha Thavisin was announced on Sunday.

Southeast Asia - Mon, April 29, 2024 | 1:37 pm GMT+7

Vietnam's M&A activity bounces back in Q1

Vietnam's M&A activity bounces back in Q1

After a rather gloomy 2023, merger & acquisition (M&A) activity in Vietnam recorded a significant recovery in the first quarter of 2024.

Finance - Mon, April 29, 2024 | 10:59 am GMT+7

Nam Cau Kien eco-industrial park - A circular economy pioneer

Nam Cau Kien eco-industrial park - A circular economy pioneer

Enterprises are encouraged to transform to the circular economy model, but they still face obstacles in accessing preferential policies. Procedures to receive credit packages from domestic and foreign organizations are complicated and have criteria that most businesses cannot meet, writes Pham Hong Diep, chairman of industrial real estate developer Shinec JSC.

Industrial real estate - Mon, April 29, 2024 | 9:11 am GMT+7

How tech empowers insurance agents in Vietnam

How tech empowers insurance agents in Vietnam

Vietnam's insurance industry stands at the threshold of a transformative era, one marked by significant potential and rapid digital evolution, writes Tri Nguyen, country manager for Vietnam at Singapore-based insurance firm Igloo.

Consulting - Mon, April 29, 2024 | 7:00 am GMT+7

Hoiana golf tournament raises $473,000 for disadvantaged children in Quang Nam province

Hoiana golf tournament raises $473,000 for disadvantaged children in Quang Nam province

Hoiana Resort & Golf has raised over VND1.2 billion ($473,000) from holding a charity golf tournament to support disadvantaged children in the central province of Quang Nam.

Travel - Sun, April 28, 2024 | 7:14 pm GMT+7

Dragon Capital-linked funds raise holding in retailer Mobile World to 6.25%

Dragon Capital-linked funds raise holding in retailer Mobile World to 6.25%

Six funds related to Dragon Capital, one of major fund management companies in Vietnam, have bought in a combined 4.66 million shares of leading Vietnamese retailer Mobile World Investment Corporation.

Companies - Sun, April 28, 2024 | 4:24 pm GMT+7