Honda Vietnam rejects information Honda Mobilityland plans 600-ha tourism, entertainment, sports complex in southern Vietnam

By Thu Huong, Thai Ha
Sat, November 29, 2025 | 10:23 am GMT+7

Honda Vietnam on Friday rejected the information that Honda Mobilityland Corporation, a subsidiary of Japan’s Honda Motor Co., plans to build an international circuit in Tay Ninh province, towards developing a 600-hectare tourism, entertainment, and sports complex there.

"Honda Vietnam has verified this information with Honda Mobilityland, and the information is not true. Honda Mobilityland currently does not have any plans for such a project in Vietnam," the company stated on its fanpage.

The rebuttal comes as a surprise to local media as a release from Tay Ninh's authorities shows that Honda Mobilityland has such an intention. An existing article posted on Tay Ninh Online, a newspaper under the provincial Party Committee, has the same content.

Suzuka Circuit, managed by Honda Mobilityland, is home to many international races such as F1 and MotoGP. Photo courtesy of Formula 1.

Suzuka Circuit, managed by Honda Mobilityland, is home to many international races such as F1 and MotoGP. Photo courtesy of Formula 1.

According to the Tay Ninh administration's release, company representatives pitched the project to provincial leaders at their meeting in Tokyo on November 18. The Tay Ninh delegation was in Japan for a labor, investment and trade promotion program.

The complex is designed to host year-round events, including car and motorcycle racing, drifting, e-sports, music festivals, and technology exhibitions.

The project set stringent targets for emissions reduction, adherence to international safety standards, job creation, domestic and international visitor numbers, and boosting Tay Ninh’s profile in global media.

Honda Mobility expects the project to position Tay Ninh as a new regional entertainment and sports destination, modeled on its Suzuka Circuit and Mobility Resort Motegi in Japan, the release said.

Suzuka Circuit in Mie prefecture draws over 1.6 million visitors annually, and Mobility Resort Motegi in Tochigi prefecture attracts around 1 million visitors each year, generating more than ¥768 billion ($4.9 billion) in economic impact for Japan.

Both venues host numerous prestigious international races, including Formula 1 and MotoGP, and serve as the core of the Mobilityland model, featuring amusement parks, hotels, driver training centers, and technology exhibition spaces.

Deputy Chairman of the Tay Ninh People’s Committee Pham Tan Hoa lauded Honda Mobilityland’s proposal, noting that Tay Ninh offers favorable transport conditions for large-scale projects.

Key routes such as Ring Roads 3 and 4, the Ho Chi Minh City-Moc Bai Expressway, and regional connections within a 20 km radius make travel, transportation, and the attraction of international visitors more convenient, he added.

He said the project will be developed on infrastructure directly connected to HCMC and international border gates. At the same time, it can make use of local identity, integrating culture, cuisine, and famous landscapes such as Ba Den Mountain and Dong Thap Muoi region to create a unique tourism ecosystem combining sports, entertainment, and unique cultural experiences.

Provincial leaders introduced several potential partners and land plots for Honda Mobilityland to explore for project development.

The provincial People's Committee leaders hope that the parties will soon discuss related planning and investment models to realize the project. They commit to creating all favorable conditions in terms of policies and clean land funds, bringing long-term value to the parties.

Vice Chairman of Tay Ninh Provincial People's Committee Pham Tan Hoa (right) presents a souvenir to a Honda Mobility Group representative. Photo courtesy of Tay Ninh's news portal.

Vice Chairman of Tay Ninh Provincial People's Committee Pham Tan Hoa (right) presents a souvenir to a Honda Mobility Group representative. Photo courtesy of Tay Ninh's news portal.

Following the Tay Ninh delegation’s visit to Japan, the corporation will conduct on-site surveys to finalize the investment plan, paving the way for early project implementation, according to the release.

Tay Ninh and Long An provinces were merged in July to form the new Tay Ninh which borders Dong Nai, Dong Thap, HCMC, and Cambodia.

The new Tay Ninh province has four international border gates - Moc Bai, Xa Mat, Tan Nam, and Binh Hiep - along with four national border gates - Ka Tum, Chang Riec, Phuoc Tan, and My Quy Tay - and 13 auxiliary ones.

In the first nine months of 2025, Tay Ninh’s gross regional domestic product (GRDP) expanded by about 9.52%, the highest in the southeastern region and among the fastest-growing provinces nationwide.

Comments (0)
  • Read More
Coca-Cola Beverages Vietnam loses lawsuit against local tax authority

Coca-Cola Beverages Vietnam loses lawsuit against local tax authority

The Ho Chi Minh City People's Court on Thursday dismissed a lawsuit filed by Coca-Cola Beverages Vietnam against the Ministry of Finance's Department of Taxation, thereby upholding the department's decision to collect back taxes and impose a fine of over VND821 billion ($31.14 million) in total.

Finance - Sat, November 29, 2025 | 2:27 pm GMT+7

Honda Vietnam rejects information Honda Mobilityland plans 600-ha tourism, entertainment, sports complex in southern Vietnam

Honda Vietnam rejects information Honda Mobilityland plans 600-ha tourism, entertainment, sports complex in southern Vietnam

Honda Vietnam on Friday rejected the information that Honda Mobilityland Corporation, a subsidiary of Japan’s Honda Motor Co., plans to build an international circuit in Tay Ninh province, towards developing a 600-hectare tourism, entertainment, and sports complex there.

Industries - Sat, November 29, 2025 | 10:23 am GMT+7

Vietnam's largest tungsten mine has updated planning okayed

Vietnam's largest tungsten mine has updated planning okayed

Vietnam’s Nui Phao mine, one of the world’s largest tungsten deposits outside China, has had its updated planning approved under a decision signed by Deputy Prime Minister Tran Hong Ha.

Economy - Sat, November 29, 2025 | 9:34 am GMT+7

Foreign-backed Arque Degi to build $322 mln floating tourism-urban projects in central Vietnam

Foreign-backed Arque Degi to build $322 mln floating tourism-urban projects in central Vietnam

Authorities in Gia Lai province have granted an investment certificate to Arque Degi JSC to develop three floating tourism-urban projects worth a combined VND8.5 trillion ($322.42 million) in the De Gi lagoon area.

Real Estate - Sat, November 29, 2025 | 8:00 am GMT+7

Indonesia eyes trilateral data-center tie-up with Singapore, Malaysia

Indonesia eyes trilateral data-center tie-up with Singapore, Malaysia

Indonesia is in talks with Singapore and Malaysia to develop a cross-border data-center network linked to its Green Super Grid.

Southeast Asia - Fri, November 28, 2025 | 9:57 pm GMT+7

Malaysia’s export growth expected to slow in 2026

Malaysia’s export growth expected to slow in 2026

Despite Malaysia’s trade growth in October 2025 surpassing expectations, with both exports and imports reaching record levels, economists warned that the country’s export expansion may slow in 2026.

Southeast Asia - Fri, November 28, 2025 | 9:53 pm GMT+7

Singapore promotes methanol use for bunkering

Singapore promotes methanol use for bunkering

The Maritime and Port Authority of Singapore (MPA) will issue licences to supply methanol as marine fuel in the Port of Singapore from January 1, 2026, following the Call for Applications launched in March 2025.

Southeast Asia - Fri, November 28, 2025 | 9:46 pm GMT+7

Vietnam's tour operator Vietravel announces full exit from Vietravel Airlines

Vietnam's tour operator Vietravel announces full exit from Vietravel Airlines

Vietravel, one of Vietnam’s largest tour operators, will divest its entire stake in Vietravel Airlines by year-end, drawing a close to its turbulent venture into aviation during five years.

Travel - Fri, November 28, 2025 | 9:22 pm GMT+7

VinSpeed, Thaco vie for investment role in North-South high-speed railway

VinSpeed, Thaco vie for investment role in North-South high-speed railway

Several major Vietnamese companies, including Vingroup subsidiary VinSpeed and automaker Thaco, are vying for a role in Vietnam’s gigantic North-South high-speed railway project.

Infrastructure - Fri, November 28, 2025 | 5:14 pm GMT+7

Finnish fund PYN Elite raises VN-Index forecast to 3,200 points

Finnish fund PYN Elite raises VN-Index forecast to 3,200 points

PYN Elite (Finland), one of the largest foreign funds in the Vietnamese stock market, has revised up its forecast for the benchmark VN-Index to 3,200 points, much higher than the 1,690.99 recorded on Friday.

Finance - Fri, November 28, 2025 | 4:49 pm GMT+7

Mind the gap

Mind the gap

Without stronger digital and physical networks, global productivity will falter at precisely the moment the world needs new engines of growth, writes Benjamin Hung, president, International, Standard Chartered.

Consulting - Fri, November 28, 2025 | 3:49 pm GMT+7

Alliance claiming $100 bln investment for trans-Vietnam high-speed railway 'uncontactable'

Alliance claiming $100 bln investment for trans-Vietnam high-speed railway 'uncontactable'

An alliance between Mekolor, a relatively unknown Vietnamese company, and American entity Great USA, which claimed it could mobilize $100 billion for the North-South high-speed railway project, could not be contacted, said standing Deputy Prime Minister Nguyen Hoa Binh.

Infrastructure - Fri, November 28, 2025 | 3:19 pm GMT+7

Mitsui eyes new opportunites in Vietnam's energy sector, projects related to carbon emission reduction

Mitsui eyes new opportunites in Vietnam's energy sector, projects related to carbon emission reduction

Mitsui & Co., Ltd. plans to expand its investment in Vietnam in the energy sector and projects related to carbon emission reduction, president and CEO Kenichi Hori told Prime Minister Pham Minh Chinh at a Thursday meeting in Hanoi.

Industries - Fri, November 28, 2025 | 2:39 pm GMT+7

Russian heavyweight Zarubezhneft seeks to build energy center in Vietnam

Russian heavyweight Zarubezhneft seeks to build energy center in Vietnam

Zarubezhneft, a wholly state-owned oil & gas group of Russia, wants to develop an energy center in Vietnam, as it seeks to expand into other fields including energy and minerals.

Energy - Fri, November 28, 2025 | 1:08 pm GMT+7

Carlsberg Vietnam accelerates its path toward net-zero emission in production by 2028 with stronger renewable-energy commitments

Carlsberg Vietnam accelerates its path toward net-zero emission in production by 2028 with stronger renewable-energy commitments

As Vietnam advances toward its 2050 net-zero vision, businesses are expected to play a decisive role in enabling the country’s green transition. At the Green Economy Forum 2025, Carlsberg Vietnam shared how a long-standing FDI enterprise is reshaping its operations and energy strategy to align with Vietnam’s sustainability goals.

Companies - Fri, November 28, 2025 | 11:52 am GMT+7

PV Power says profit may fall in 2026 despite higher output due to extreme weather

PV Power says profit may fall in 2026 despite higher output due to extreme weather

PV Power (HoSE: POW), a subsidiary of state-owned energy giant Petrovietnam, expects electricity output to rise next year, but says profit may decline from this year’s strong results due to increasingly erratic weather conditions.

Companies - Fri, November 28, 2025 | 9:00 am GMT+7