The coastal housing in Binh Thuan province’s Mui Ne district. (Source: VNA)
HCM City (VNS/VNA) - The change in tourism trends caused by the COVID-19 pandemic has made coastal real estate near HCM City attractive to tourism property developers.
COVID-19 is limiting the use of public transport such as planes, buses and trains and increasing the use of personal vehicles.
Developers are therefore looking at coastal tourism markets that are easily accessible by private vehicle within two to four hours from the city, experts said.
Binh Thuan province's Phan Thiet city seems set for a boom thanks to imminent transport upgrades too, they said.
Situated 2.5 hours from HCM City by road, Phan Thiet’s holiday home products are attractive to affluent people in HCM City and Hanoi, who show great interest in them since they offer a combination of lifestyle and long-term investment, experts said.
The Long Thanh International Airport’s first phase is expected to be ready by 2025 with a capacity of 25 million passengers annually. Situated 130 km from Binh Thuan, it is expected to attract many foreign tourists, a major advantage for the province since foreigners tend to spend more than locals.
Phan Thiet resorts are quite cheap now since infrastructure is still being built.
Dr Tran Nguyen Minh Hai of the HCM City Banking University said demand for property ownership one or two hours from HCM City by personal vehicle would explode after the COVID epidemic is completely controlled.
Duong Thuy Dung, senior director at property consultancy CBRE Vietnam’s, said coastal real estate markets near HCM City such as La Gi and Mui Ne in Binh Thuan province and Ho Tram in Ba Ria - Vung Tau province would lead the southern real estate market in the next five years since they have advantages such as having a private space./.
In the remaining months of 2021, once the COVID-19 pandemic is brought under control, Vietnam will be one of the locations attractive to many investors to resort real estate.
The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
According to Mastercard data, Vietnam has recorded a remarkable 92% compound annual growth rate (CAGR) in contactless transaction volume from Q4 2022 to Q4 2024.
Tuan expressed his confidence that LH, with its expertise and experience, would swiftly implement the urban area project, contributing to a modern urban landscape for the province.
With its strategic location, abundant workforce, and modern infrastructure, Vietnam holds significant potential to become a leading centre for power and electronics production in the region and the world.
The renewable energy workforce training and development centre, invested by Germany's GEO Group, is expected to be a cornerstone in shaping Binh Dinh as a renewable energy and innovation hub in central Vietnam, meeting the growing demand for skilled technical personnel in offshore wind, solar farms, and green hydrogen projects.
A notable trend is the shift toward satellite regions. With land scarcity and soaring prices in Ho Chi Minh City and Hanoi, investors are eyeing provinces like Hung Yen, Bac Ninh, and Hai Phong, which are benefiting from improved technical infrastructure and transport connectivity.
To further strengthen private-sector innovation, Bac Ninh plans to accelerate administrative reforms, build a digital, service-oriented government, and develop an integrated innovation ecosystem that connects businesses with domestic and international institutions, universities, and experts.
The participation of H&M, one of the world's largest fashion corporations, in Vietnam International Sourcing 2025 in Ho Chi Minh City in early September is considered a special highlight, opening up many cooperation opportunities for Vietnamese businesses in the fashion, textiles and sustainable supply chains.
This latest order builds on a previous agreement signed at the Singapore Airshow last year for 40 engines, bringing the total number of Trent 7000 engines ordered by the airline to 80.
Minister of Industry and Trade Nguyen Hong Dien acknowledged that despite concerted efforts by ministries and local authorities in combating fake and substandard goods, the situation remains highly complicated, attributing the persistent challenges to high profits luring numerous participants, increasingly sophisticated violations, limited resources within enforcement agencies.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
Dung underlined several key objectives, including a comprehensive review of the legal framework governing SOEs, and called for updates that reflect international standards and support modern, transparent governance.
While the US market has become more difficult to access due to new tax policies, Australia could play the role of a trade cushion, helping to reduce shocks and maintain export momentum for Vietnam's shrimp industry.
Vietnam Cycle Expo 2025 will coincide with the Vietnam Sport Show 2025, an international exhibition on sports and outdoor entertainment, expected to attract more than 20,000 visitors in the three-day event.
The coastal housing in Binh Thuan province’s Mui Ne district. (Source: VNA) 
