Northern Vietnam province opens bid for $2 bln tourism-casino complex project
Quang Ninh, a coastal province in northern Vietnam, is seeking investors for a large-scale tourism and casino complex valued at VND51.5 trillion ($2 billion) in its strategic Van Don Economic Zone.
The proposed project will span more than 244.45 hectares, including 62.08 hectares of protected natural forest, which will be preserved in its existing state.
The remaining 182 hectares will be developed into key functional areas, including a casino, high-end hotels, resorts, villas, and other tourism amenities.

Illustration of the project in Quang Ninh province, northern Vietnam. Photo courtesy of the Van Don Economic Zone Authority.
Designed with a maximum operational term of 70 years, the project is expected to complete construction within nine years.
Once operational, the complex aims to position itself as a premier destination for luxury hospitality and integrated resort real estate. However, casino operations will only proceed subject to legal approval.
Early this year, Deputy Prime Minister Tran Hong Ha granted in-principle approval for the project. The provincial economic zone authority has been tasked with preparing supporting infrastructure plans, including housing and social services, to accommodate the project’s future workforce.
This initiative is part of Quang Ninh’s broader investment strategy. In May, the Quang Ninh People’s Committee approved a list of 259 non-budget investment projects to be promoted between 2025 and 2030, spanning nearly 21,000 hectares.
Among these are eight planned golf course developments totaling 2,200 hectares, with a combined investment of over VND13 trillion ($510 million).
During the first half of 2025, Quang Ninh province, home to the world-renowned Ha Long Bay, welcomed 12.1 million tourist arrivals (up 16% year-on-year), including 2.3 million foreign visitors, according to the local tourism watchdog.
- Read More
The Investor to hold seminar on raising investor awareness toward stock market status upgrade
The Investor and its Vietnamese-language sister Nhadautu.vn will host a seminar titled “Raising investor awareness towards stock market status upgrade” in Hanoi on July 17.
Finance - Tue, July 8, 2025 | 4:02 pm GMT+7
Many uncertainties over exchange rates: Vietnam's central bank
There are many "unknowns" with monetary policy and exchange rates in the coming time, said Pham Chi Quang, director of the State Bank of Vietnam's (SBV) monetary policy department.
Banking - Tue, July 8, 2025 | 3:53 pm GMT+7
World's largest iron ore, nickel producer wants to expand business in Vietnam
Prime Minister Pham Minh Chinh has asked Vale Group, a multinational Brazilian corporation in the fields of metals, mining, and logistics, expand business in Vietnam.
Industries - Tue, July 8, 2025 | 1:52 pm GMT+7
Vietjet appoints new managing director
Vietjet Aviation Joint Stock Company (HOSE: VJC) has appointed Nguyen Thanh Son as its new managing director, succeeding Dinh Viet Phuong.
Companies - Tue, July 8, 2025 | 8:10 am GMT+7
First turbine rotor installed at expanded Hoa Binh hydropower plant in northern Vietnam
The rotor of the first turbine at the expanded Hoa Binh Hydropower Plant project was successfully installed on Sunday in Phu Tho province, formerly Hoa Binh province, northern Vietnam.
Companies - Tue, July 8, 2025 | 8:07 am GMT+7
Singapore heavily penalizes nine financial institutions for money laundering
The Monetary Authority of Singapore (MAS) has fined nine financial institutions SGD27.45 million ($21.55 million) for breaches related to the 2023 money laundering case involving more than SGD3 billion in assets.
Southeast Asia - Tue, July 8, 2025 | 7:58 am GMT+7
Foreign cash flows push VN-Index past 3-year peak
With positive sentiment from both domestic and foreign investors, VN-Index on Monday surpassed the 1,400 mark after more than three years. The last time the benchmark index reached this level was on April 19, 2022.
Finance - Tue, July 8, 2025 | 7:28 am GMT+7
Japan's Granja Fujikura eyes developing large-scale, high-tech agriculture in Vietnam
Granja Fujikura Group wishes to receive favorable conditions in Vietnam to develop large-scale, high-tech agriculture.
Economy - Mon, July 7, 2025 | 11:22 pm GMT+7
Vietnam's Maritime Bank plans 20% stock dividend payout
Vietnam Maritime Commercial Joint Stock Bank (MSB) plans to issue up to 520 million shares as stock dividends, equivalent to 20% of its outstanding shares at the record date.
Banking - Mon, July 7, 2025 | 5:30 pm GMT+7
Vietnam's shipping major Vinaship to pay first cash dividends after 14 years
Vinaship, a major shipping firm in Vietnam, plans to pay cash dividends for the first time in the past 14 years, at a total of approximately VND20.4 billion ($779,670).
Companies - Mon, July 7, 2025 | 4:36 pm GMT+7
Vietnam, Brazil eyes joint coffee exchange
Vietnam and Brazil will sign a food security agreement which includes plans to explore a joint coffee exchange and possibility of building a shared bilateral coffee brand.
Economy - Mon, July 7, 2025 | 4:02 pm GMT+7
Vietnamese property major Hoang Huy’s subsidiary plans new share issuance before HoSE listing
CRV Real Estate Group JSC, a member of Vietnam's major property developer Hoang Huy Group, has approved a plan to issue an additional 16.81 million shares to existing shareholders at a 40:1 ratio and the price of VND26,000 ($1) per share.
Companies - Mon, July 7, 2025 | 2:29 pm GMT+7
Credit to drive Vietnam’s bank industry earnings in 2025: broker
The Vietnamese banking industry’s pre-tax profit could grow 18% in 2025 from the pervious year, driven by strong credit expansion, according to the Hanoi-based Vietcombank Securities (VCBS).
Banking - Mon, July 7, 2025 | 11:57 am GMT+7
Central Vietnam hub Danang lures strategic investors for int’l financial center
More than 10 investors have expressed interest in the development of an international financial center in the central city of Danang.
Economy - Mon, July 7, 2025 | 9:56 am GMT+7
FDI firms most optimistic about Q3 business outlook in Vietnam: survey
Up to 81% of foreign-invested enterprises in Vietnam forecast improved or stable business conditions in Q3/2025 as compared to Q2, according to a survey by the General Statistics Office (GSO) on business trends among manufacturing and processing companies.
Economy - Mon, July 7, 2025 | 8:46 am GMT+7
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