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.
The Ao Tien Van Don urban project in Van Don district, Quang Ninh province, northern Vietnam. Photo courtesy of Vietnamnet newspaper.
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
Vinhomes raises $76 mln in latest bond issue amid debt restructuring push
Vinhomes, the housing subsidiary of Vietnam’s conglomerate Vingroup (HoSE: VIC), has raised an additional VND2 trillion ($75.9 million) through a domestic bond issuance, extending a recent fundraising streak as the property developer ramps up debt restructuring efforts and secures fresh capital.
Companies - Tue, May 26, 2026 | 3:16 pm GMT+7
Phat Dat Real Estate shares hit ceiling after tie-up with Lotte on mega project in HCMC
Shares of Phat Dat Real Estate Development Corporation (HoSE: PDR) rose to the daily limit on Tuesday after the company announced a cooperation agreement with Lotte Properties HCM to pursue the VND50 trillion ($1.9 billion) Thu Thiem Eco Smart City project in Ho Chi Minh City.
Companies - Tue, May 26, 2026 | 2:03 pm GMT+7
VinFast appoints son of billionaire Pham Nhat Vuong as chairman
Pham Nhat Quan Anh, the son of billionaire Pham Nhat Vuong, officially assumed the role of VinFast chairman from last Saturday.
Companies - Tue, May 26, 2026 | 12:13 pm GMT+7
VinEnergo Holding launched with over $3 bln capital, signaling possible new energy investment alliance
Vietnamese billionaire Pham Nhat Vuong has established VinEnergo Holding with charter capital of over VND79.76 trillion ($3.03 billion), in a move that could signal the emergence of a new capital alliance in Vietnam’s rapidly expanding energy sector.
Companies - Tue, May 26, 2026 | 11:33 am GMT+7
Hai Phong Thermal Power CEO arrested over alleged document forgery
Hai Phong Thermal Power JSC said its CEO, Duong Son Ba, has been arrested by the Ministry of Public Security's investigative agency for alleged forgery of documents belonging to organizations.
Companies - Tue, May 26, 2026 | 8:00 am GMT+7
Sun PhuQuoc Airways launches Singapore route, connecting two of Asia's 'paradise' islands
Sun PhuQuoc Airways has officially announced the launch of its scheduled flights from Vietnam's largest island Phu Quoc to Singapore.
Travel - Mon, May 25, 2026 | 5:32 pm GMT+7
Profit of Samsung’s 4 major Vietnam plants doubles in Q1, led by Thai Nguyen province site
Four major Vietnam-based subsidiaries of Samsung Electronics reported combined net profits of $1.29 billion in the first quarter of this year, more than double from a year earlier, according to the group’s Q1 consolidated financial statements.
Companies - Mon, May 25, 2026 | 4:48 pm GMT+7
Seta - A “silken thread” weaving contemporary Cantonese cuisine into the soul of Phu Quoc
The union of refined aesthetics and contemporary Cantonese gastronomy, brought to life by chef Victor Ho, is turning Seta at La Festa Phu Quoc, Curio Collection by Hilton into one of Phu Quoc Island’s most coveted fine-dining destinations - a place every discerning gourmand should experience at least once in a lifetime.
Travel - Mon, May 25, 2026 | 4:27 pm GMT+7
FDI shifts 'taste', land banks lose edge as southern Vietnam's industrial property market gets more mature
Southern Vietnam’s industrial real estate market is entering a more mature phase as foreign direct investment (FDI) pivots toward high-tech and green industries, putting greater emphasis on logistics infrastructure, operational capacity and ESG standards over land availability.
Industrial real estate - Mon, May 25, 2026 | 2:35 pm GMT+7
Phu My Investment raises capital for mega seaport project in central Vietnam to over $311 mln
Phu My Investment Group has increased investment capital for the first phase of the Phu My Port project in Gia Lai province by more than VND2.1 trillion ($79.66 million), lifting total investment to over VND8.2 trillion dong ($311 million) as the company moves to expand technical infrastructure and port handling capacity.
Infrastructure - Mon, May 25, 2026 | 2:16 pm GMT+7
Vingroup launches gold-to-property program with buyback option
Vingroup, its housing arm Vinhomes, and several jewelry companies plan to roll out a program allowing customers to convert their idle gold holdings into cash for home purchases, while also offering an option to convert the property value back into gold later.
Real Estate - Mon, May 25, 2026 | 1:05 pm GMT+7
Japan retailer Aeon plans shopping mall project in central Vietnam
Hanoi-based CMH Vietnam Group JSC (CMH Group) and AeonMall Vietnam Co., Ltd. have proposed conducting research for the development of an international shopping mall in the central province of Nghe An.
Industries - Mon, May 25, 2026 | 11:07 am GMT+7
Why PV Power has no plans to IPO subsidiaries
PV Power said it has no plans to launch initial public offerings (IPOs) for key subsidiaries or reduce ownership below 51%, as the company prioritizes long-term cash flow preservation and financial capacity ahead of a new LNG investment cycle.
Companies - Mon, May 25, 2026 | 9:13 am GMT+7
Vietnamese listed firms stay cautious on 2026 profit outlook despite strong Q1
Vietnamese listed companies are entering 2026 with robust Q1 earnings growth, yet most are setting markedly more cautious full-year business targets as concerns over capital costs, uneven demand recovery, and widening sector divergence weigh on corporate sentiment.
Companies - Mon, May 25, 2026 | 8:00 am GMT+7
Mobile World's electronics retailer wins approval for $545 mln IPO
Dien May Xanh, the electronics retail chain of Mobile World Group (HoSE: MWG), has received approval from the State Securities Commission of Vietnam (SSC) for its highly anticipated IPO, positioning it to become the country's largest market debut in five years.
Companies - Sun, May 24, 2026 | 10:33 pm GMT+7
Stricter penalties needed to prevent counterfeit textbooks in Vietnam
Stricter penalties and stronger enforcement measures are needed to curb the growing circulation of counterfeit textbooks in Vietnam, as fake and illegally printed books continue to spread widely across retail stores, e-commerce platforms, and social media channels, posing risks to educational quality and consumer rights.
Companies - Sun, May 24, 2026 | 2:05 pm GMT+7





















