Quang Ninh rejects Ha Long Bay destruction allegations
Quang Ninh authorities rejected Tuesday allegations that a Ha Long Bay area has been impacted by urban development following an image posted on Facebook that caused public outcry.
In recent days, social networks have spread an image featuring an islet at the center of an urban project. Netizens commented that the sea there had been encroached on to build an urban area and the project was damaging Ha Long Bay, a UNESCO-recognised world natural heritage site.
In response to the allegations, a representative of the Quang Ninh People’s Committee stated Tuesday: "A suspicion sparked from the image spread on social networks that Ha Long Bay is being leveled to serve division of plots for sale is not true".
In fact, that image was taken at the Ao Tien area in Van Don district, which belongs to Van Don Economic Zone, not part of Ha Long Bay, the rep said.
According to the Van Don EZ Management Board in Quang Ninh province, this area is being constructed as scheduled and in accordance with planning approved by the Prime Minister.
The Ao Tien area was formerly a marshy and fallow area. In recent years, Quang Ninh province has called for investment in infrastructure in this area to serve the development of Van Don Economic Zone.
The Ao Tien new urban area project was assigned to investors for construction by the people's committee in 2004. To date, the project has been basically completed and granted a certificate of land use right.
In this urban area, the committee called for investment in two five-star hotel and tourism complex projects in accordance with approved planning. The first is the Crystal Holidays Harbor Van Don resort complex with an area of 2.6 hectares, housing five buildings of 28 to 33 floors, and a total investment of VND3,612 billion ($154.3 million).
The second is the Ao Tien-Cat Linh Van Don luxury hotel and apartment complex that covers an area of 2.3 hectares, including five blocks of 26 to 34 floors, and with a total investment of VND3,910 billion ($167 million).
Currently, these two projects are being accelerated by investors.
In addition, there is a high-class Ao Tien-Van Don port project, which received the people's committee’s investment decision in 2020. The port covers 29.21 hectares, and has a maximum capacity of about 4.2 million passengers per year. The goal is to be able to serve cruise ships of up to 300 seats.
Currently, work on this project has been basically completed. After the project's inauguration, expected in the third quarter of 2022, Van Don Economic Zone will have a synchronous transport system in terms of roadways, airways and seaways, thus meeting the demand of transporting tourists to the islands in Van Don and Co To districts, Bai Tu Long Bay and Ha Long Bay; and replacing the degraded Cai Rong port.
According to the board, projects that have attracted investment in the Ao Tien area over the past are identified as the driving force and highlights in the Van Don EZ, contributing to the development of the zone into a multi-industry, multi-field marine economic zone, an entertainment center, and the gateway for international trade.
Previously, some newspapers had run articles featuring Quang Ninh’s withdrawal of more than 2.3 million square meters of land and water surface that had been assigned to HDMON Van Don Co., Ltd. in Van Don district, but used a photo of the Ao Tien urban area project nearby.
This image was later re-posted on social media, sparking public concerns. Many people said the sea there had been encroached on to build an urban area and this project was damaging Ha Long Bay.
- Read More
Vietnam’s GDP growth outpaces regional peers, 6.5% in 2025: Oxford Economics
Vietnam’s GDP growth can reach 6.5% in 2025, continuing to outperform regional peers in the ASEAN-6 group, Oxford Economics said in a Monday report.
Economy - Tue, December 17, 2024 | 10:35 am GMT+7
PYN Elite becomes major shareholder in Vietnam's Mercedes-Benz distributor Haxaco
Finland-based PYN Elite Fund has increased its ownership in Haxaco, a distributor of Mercedes-Benz, to 6.1 million units, or a 5.7% stake, becoming a major shareholder.
Companies - Tue, December 17, 2024 | 8:17 am GMT+7
Malaysia accelerates transition towards high-income country status
The Malaysian government needs to focus on innovation during its drafting of the 13th Malaysia Plan (13 MP) for 2026-2030 in an effort to achieve its high-income country goal.
Southeast Asia - Mon, December 16, 2024 | 10:30 pm GMT+7
Malaysia welcomes ex-Thai PM Thaksin to be its informal adviser on ASEAN
Malaysian Prime Minister Anwar Ibrahim has appointed former Thai PM Thaksin Shinawatra as an informal adviser to assist with the country’s ASEAN chairmanship in 2025.
Southeast Asia - Mon, December 16, 2024 | 10:28 pm GMT+7
Footwear giant Taekwang to spend $19.7 mln on Lunar New Year bonus in Vietnam
South Korean-invested Taekwang Vina JSC, a supplier of Nike in the southern province of Dong Nai, will spend over VND500 billion ($19.7 million) on Lunar New Year (Tet) bonus for its nearly 36,000 employees.
Companies - Mon, December 16, 2024 | 9:56 pm GMT+7
Hong Kong's Sunwah Group eyes investment in southern Vietnam
Multi-sector group Sunwah is keen on surveying several Binh Duong-based industrial parks and foreign-invested enterprises in the areas of high-tech industries, health care, education, and real estate to explore investment opportunities.
Industries - Mon, December 16, 2024 | 8:25 pm GMT+7
Taiwan’s Wistron aims to run $24.5 mln Vietnam plant next month
Taiwan-headquartered Wistron, a top electronics provider and a supplier to Apple, plans to officially start operating its $24.5 million investment in the northern province of Ha Nam next month.
Industries - Mon, December 16, 2024 | 4:41 pm GMT+7
Hanoi plans $420 mln horse racecourse
The Hanoi People's Committee has approved a detailed plan for the Soc Son Urban Area (Zone III), featuring parks, schools, hospitals, high-quality housing, and a $420 million horse racecourse.
Real Estate - Mon, December 16, 2024 | 4:35 pm GMT+7
Vietnam’s cement giant Vicem logs over $55 mln loss in 2024
Vietnam National Cement Corporation (Vicem) has suffered losses for the second consecutive year, with an estimated consolidated figure of VND1.4 trillion ($55.15 million) for 2024, according to a draft annual report by the Ministry of Construction.
Companies - Mon, December 16, 2024 | 4:18 pm GMT+7
Leading broker VPS launches new brand identity
VPS Securities JSC (VPS), a leading broker in Vietnam, officially unveiled its new brand identity on Monday.
Companies - Mon, December 16, 2024 | 3:12 pm GMT+7
VSIP Can Tho in southern Vietnam completes 96% of site clearance, 100 hectares leased
Vinh Thanh Industrial Park (IP), also known as VSIP Can Tho, in Vietnam’s Mekong Delta city of Can Tho, has completed 95.98% of the site clearance.
Industrial real estate - Mon, December 16, 2024 | 12:32 pm GMT+7
Masan Consumer promotes Vietnamese cuisine to international friends
Masan Consumer, the consumer goods arm of Masan Group, recently showcased its products at the 2024 International Food Festival in Hanoi, helping promote the unique cuisine of Vietnam to visitors from across the globe.
Companies - Mon, December 16, 2024 | 11:08 am GMT+7
Dairy giant Vinamilk to spend over $41 mln on interim dividend payment
Vinamilk, the largest dairy firm in Vietnam, plans to spend VND1.045 trillion ($41.3 million) to pay interim cash dividends to shareholders for the second phase of 2024 at a rate of 5%, according to the company.
Companies - Mon, December 16, 2024 | 10:43 am GMT+7
Universal Scientific Industrial to expand Vietnam investment to $290 mln
Mainland China-based Universal Scientific Industrial (USI), an electronics supplier under Taiwan-based ASE Technology Holding, will increase its investment in Vietnam to $290 million.
Industries - Mon, December 16, 2024 | 10:33 am GMT+7
Vietnam property market in the hands of large developers: Savills
Throughout this year, the Vietnamese real estate market has only truly been active for large, well-established developers, according to Savills Vietnam.
Real Estate - Mon, December 16, 2024 | 8:17 am GMT+7
Top 50 signals the recovery of Vietnam's economy
Vietnam's Top 50 Best-performing Companies of 2024 have solid fundamentals, strong management, and substantial room for growth, says Nguyen Thanh Thao, CEO of Thien Viet Securities Joint Stock Company (TVS).
Companies - Mon, December 16, 2024 | 8:00 am GMT+7