Resort sector lacks sustainable plan

The resort industry has developed for few years and is still a potential market, but the area of growth does not have a general plan of future development and lacks professional investors, experts say. In recent years, initial success of some popular resorts in the south and the south-central region created a wave of investment [...]

Resort projects out of control

Searching the internet to find a resort for his family’s vacation, Nguyen Tuan Anh was surprised and excited. Compared to the last time they had taken a vacation at a resort, this time he found hundreds of addresses. “Years ago, it wasn’t that easy for me to find a resort because not that many had [...]

Oversupply in resort real estate market

The Ministry of Planning and Investment has requested local authorities to check the resort real estate development projects in their localities and report back to the ministry. The move has been understood by the public as the warning about the possible excess of the resort real estate projects. The wave of developing resorts Market surveys [...]

Ministry reviews resort projects

The Ministry of Planning and Investment (MPI) instructed municipal people’s committees to review and provide management reports concerning resort projects nationwide. The reports are due on November 31. The projects that will be reviewed include eco-tourism zones, entertainment parks and casinos, resorts, high-end apartment complexes, hotels and golf courses. The decree was issued in response [...]

Outrigger announces plans for Vietnam resort

Hawaii-based Outrigger Enterprises Group has announced it will co-design and manage a luxury resort to be built along the central coast of Vietnam. The five-star Outrigger Vinh Hoi Bay Resort and Spa will be part of the Vinh Hoi Bay Golf Resort being constructed along a secluded beach north of Quy Nhon in Binh Dinh [...]

Boutique Hoi An, the Newest 4 Star Resort to Open This Year

Theo Schuurhuis, general manager of Boutique Hoi An Resort announced the opening date of the newest 4 star resort in the destination to open on 1 September 2010. Boutique Hoi An Resort set on a beachfront of renowned ‘Cua Dai Beach’ Hoi An. With its central location, the resort is only 35 minutes from Da [...]

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