SAM Holdings looks to invest in golf course, urban areas at $4.04 bln project in central Vietnam
Conglomerate SAM Holdings Corporation plans to invest in a golf course and two urban areas as part of a nearly VND102.87 trillion ($4.04 billion) complex project in Vietnam’s central province of Quang Tri.
Specifically, SAM Holdings (HoSE: SAM) aims to develop an 18-hole golf course covering 120 hectares and two urban areas totaling 150 hectares within a high-end residential, resort, sports, and entertainment complex in Gio Linh district.
Part of Gio Linh district, Quang Tri province, central Vietnam. Photo by The Investor/Thanh An.
The provincial government has granted in-principle approval for SAM to develop these three sub-projects in 2025-2030.
SAM Holdings first proposed investment in the complex project in January. Once completed, this 1,800-ha complex is expected to create jobs for 44,800 workers.
In Quang Tri, SAM is also involved in the My Thuy port project in Hai Lang district. The project, developed by its affiliate My Thuy Port JVC, has a total investment of VND14.2 trillion ($557.19 million).
- Related News
- Read More
Suntory PepsiCo opens $300 mln plant in Tay Ninh province, its largest investment in Vietnam
Suntory Pepsico Vietnam Beverage (SPVB) inaugurated a new beverage plant in southern Vietnam on Friday, marking its largest-ever investment in the country and underscoring the company’s long-term confidence in the Vietnamese consumer market.
Industries - Fri, July 10, 2026 | 9:03 pm GMT+7
Samsung pledges support to help Vietnamese firms join its supply chain
Samsung Electronics Vietnam is willing to support more Vietnamese companies in joining its supply chain, as local businesses and authorities seek to deepen integration with foreign-invested manufacturers.
Companies - Fri, July 10, 2026 | 5:02 pm GMT+7
Vietnam bank deposit rates hit 9%: Is the race to mobilize capital heating up again?
Vietnamese banks have largely kept publicly listed deposit rates unchanged, but many are quietly offering significantly higher returns to priority customers and large depositors as competition for funding intensifies amid robust credit growth.
Banking - Fri, July 10, 2026 | 4:42 pm GMT+7
Becamex sets up subsidiary to advance $176 mln industrial park project in central Vietnam
The VND4.63 trillion ($176.13 million) Ninh Xuan 1 Industrial Park, located in the south-central province of Khanh Hoa, has reached a new milestone as Becamex IDC, one of Vietnam’s largest industrial real estate developers, decided to establish a wholly owned subsidiary to push the project.
Companies - Fri, July 10, 2026 | 2:31 pm GMT+7
Trungnam Group triples investment for urban area project in central Vietnam
The Golden Hills City project, developed by Vietnam’s multi-sector Trungnam Group, has been approved by authorities in the central city of Danang to increase its total investment from VND4.4 trillion to nearly VND15.5 trillion ($589.6 million).
Real Estate - Fri, July 10, 2026 | 11:14 am GMT+7
Vietnam's leading developer Sun Group, Accor elevate strategic partnership
Sun Group and Accor have signed an agreement to elevate their decade-long strategic partnership, adding nearly 6,000 premium hotel rooms and serviced apartments across Phu Quoc island and Danang city to their cooperation portfolio.
Companies - Fri, July 10, 2026 | 10:39 am GMT+7
Samsung Display ultra-thin glass supplier breaks ground on second plant in northern Vietnam
South Korea's Dowooinsys Vina, a subsidiary of NP Group, has begun construction of its second manufacturing plant in Thai Nguyen province, expanding production capacity for ultra-thin glass (UTG) used in Samsung Display's foldable smartphone panels.
Investing - Fri, July 10, 2026 | 8:17 am GMT+7
From Phu Quoc to Sa Pa: Why Vietnam’s tourism accelerating in Southeast Asia
Leading U.S. business magazine Fortune has described Vietnam as an emerging tourism “hot spot” in Southeast Asia, driven by the strong rise of destinations such as Phu Quoc and Sa Pa.
Travel - Thu, July 9, 2026 | 11:09 pm GMT+7
VietinBank seeks to divest entire stake in Hai Phong Port via public auction
VietinBank (HoSE: CTG) plans to divest its entire stake in state-controlled Hai Phong Port (UPCoM: PHP) through a public auction on the Hanoi Stock Exchange (HNX), potentially raising nearly VND278 billion ($10.57 million).
Companies - Thu, July 9, 2026 | 5:10 pm GMT+7
Starlink begins taking orders in Vietnam, first-year service costs $1,190
Starlink, the satellite internet service operated by Elon Musk’s SpaceX, has released pricing and started accepting orders in Vietnam, with first-year costs estimated at about VND31.4 million ($1,190).
Companies - Thu, July 9, 2026 | 4:09 pm GMT+7
Masan High-Tech Materials partners with S Korea’s GBI on tungsten processing
Masan High-Tech Materials (UPCoM: MSR), the mining unit of Vietnamese conglomerate Masan Group (HoSE: MSN), has entered into a strategic partnership with South Korea’s GB Innovation (GBI) to process Korean tungsten concentrate into higher-value products in Vietnam, strengthening a non-Chinese tungsten supply chain.
Companies - Thu, July 9, 2026 | 3:51 pm GMT+7
Idemitsu Kosan expands energy ecosystem in Vietnam
After more than three decades of operations in Vietnam, Japan’s Idemitsu Kosan is further expanding its energy ecosystem with a biomass pellet plant project in the central province of Gia Lai.
Industries - Thu, July 9, 2026 | 1:43 pm GMT+7
Two banks to list on Ho Chi Minh City bourse, expand charter capital
Vietnam's private banks Vietbank and BVBank are finalizing the last steps to transfer their trading from the unlisted public company market UPCoM to the Ho Chi Minh Stock Exchange (HoSE), while simultaneously implementing plans to increase their charter capital.
Banking - Thu, July 9, 2026 | 11:51 am GMT+7
Strong Q2 earnings, lower interest rates to bolster Vietnam stocks
Strong second-quarter corporate earnings and declining interest rates are expected to support Vietnam's stock market in the coming months, brokerage firms said, as the market moves beyond a period of limited news flow and enters a more favorable phase driven by improving fundamentals.
Finance - Thu, July 9, 2026 | 8:00 am GMT+7
Wistron raises construction, equipment investment in northern Vietnam province to $178 mln
Taiwanese technology firm Wistron has increased its investment in factory construction and equipment in Ninh Binh province to $178.27 million, adding $24.5 million to expand its facilities at Kim Bang Industrial Park.
Industries - Wed, July 8, 2026 | 7:56 pm GMT+7
Sun Group targets groundbreaking for $624 mln urban projects in central Vietnam this year
Vietnam's leading developer Sun Group aims to begin construction of two urban projects worth a combined VND16.4 trillion ($623.78 million) in the central province of Quang Ngai by the end of 2026, while also advancing plans for a new expressway linking the province with the Central Highlands.
Real Estate - Wed, July 8, 2026 | 4:54 pm GMT+7
