Starting construction of many tourism real estate super projects
In 2025, the eastern area of Ho Chi Minh City (formerly Ba Ria - Vung Tau) will continuously have changes in infrastructure investment and local economic development. Along with continuous investment in infrastructure and strategic planning for the development of high-end commercial and service areas, with a friendly open investment environment, has attracted a series of investors to the land with great potential.
Recently, two 5-star hotel projects have just started construction in Vung Tau ward (HCMC) with a total investment of more than 10,000 billion VND, expected to be the tallest projects here after completion, with iconic architecture to reshape the appearance of Vung Tau urban area in the new era of development, towards a smart super urban area of HCMC.
Previously, many other super projects with a scale of thousands of billions have also been started such as: a new 35ha subdivision of The Grand Ho Tram (Ho Tram commune) with an investment capital of more than 1 billion USD including a 5-star hotel system, resort villas, entertainment facilities, casino, international conference and exhibition center.
Or the 3/2 Urban Area project with a scale of 96 hectares (Phuoc Thang and Rach Dua wards), with the highlight being a 19ha themed water park and 5 modern resort urban subdivisions with a total investment of more than 35,000 billion VND.
Many large projects are attracting potential investors
In addition to the projects that have started construction, in the eastern area of Ho Chi Minh City, there are many large real estate - tourism and resort projects that are attracting potential investors.
For example, in Vung Tau City, there were a series of large projects that were of interest such as: Mui Nghinh Phong tourism, entertainment and resort service area with an area of 13.8 hectares (Vung Tau ward); Bac Phuoc Thang urban area with an area of over 420 hectares (Phuoc Thang ward); Cu Lao Ben Dinh urban area with an area of 110 hectares (Tam Thang ward); Go gas urban area with an area of 1,389 hectares (Long Son commune) ...
The high-quality tourism capital of Ho Tram is also calling for investment in the 98.56ha commercial, tourism and entertainment center project; along with a number of other high-class resort projects. Con Dao Special Zone is also planning a complex of tourism services, housing, golf course with a total area of over 255 hectares...
According to the Ho Chi Minh City Department of Construction, the urban system in the eastern area of Ho Chi Minh City was previously planned to be classified into 3 areas for investment and development. In which, the service - tourism development area is mainly concentrated in the eastern coastal corridor, in localities such as Vung Tau ward, Tam Thang, Long Hai commune, Phuoc Hai, Ho Tram, Binh Chau... and Con Dao special zone. With the orientation of making tourism a spearhead economic sector by 2030.
