In October 2025, the People's Committee of Khanh Hoa province decided to adjust and remove the content related to "residential land not forming residential units" in the Investment Certificate first issued in 2013 and the first adjustment certificate in 2014 for the Bao Dai High-end Resort project (Cau Da area, Nha Trang ward).
According to the Provincial People's Committee, this adjustment is to implement the conclusion of the Government Inspectorate in Notice No. 1919/TB-TTCP dated November 4, 2020, while ensuring compliance with legal regulations on land and investment.
The Provincial People's Committee assigned the Department of Agriculture and Environment to advise on the final handling of the content of eliminating "residential land not forming residential units" in decisions, documents on land allocation, land lease and Land Use Rights Certificates of the project.
The Provincial Tax Department is assigned to preside over and coordinate with relevant agencies to review and handle arising financial obligations to avoid budget losses.
The Bao Dai High-end Resort project is invested by Khanh Ha Investment Joint Stock Company, and was first granted an investment certificate by the Khanh Hoa Provincial People's Committee in 2013 with a total capital of more than 478 billion VND, land use area of more than 136,000m2.
The goal is to build villas and hotels that meet 5-star standards, including long-term tourist villas for rent or for sale (not forming residential units).
In 2014, the province reclaimed the land managed by Khanh Viet Corporation to hand over to the investor to implement the project.
However, from 2017 to now, the project has been almost "shelved" due to the need to adjust the 1/500 scale planning according to the direction of the Provincial Party Committee and the People's Committee of Khanh Hoa province.
Regarding the 5 ancient villas in the project area including Nghinh Phong, Vong Nguyet, Bao Dai, Xuong Rong and Tu Phuong Vo Su, the investor has repaired the two villas Nghinh Phong and Vong Nguyet, completed in 2019.
However, many remaining works are seriously degraded and have not been exploited effectively.
Faced with that situation, in 2023, Khanh Hoa province issued a decision to reclaim 5 ancient villas in this resort with a total area of 9,209m2 for preservation and management according to regulations on historical - cultural relics.
