New magnetic poles attract tourism investment

Along with the breakthrough growth of tourist flows and tourism industry revenue, many new destinations are becoming magnets to attract strong investment capital flows, creating a surprising growth momentum for this industry in the near future.

Potential destinations

Just about 5 years ago, Van Don was still like a forgotten pearl on the sidelines of Ha Long heritage. Although traces of a bustling trading port nearly a thousand years ago still linger somewhere, Van Don is simply a fishing village, with short commutes. But Van Don has awakened when tourism investors see the potential of the destination with its picturesque islands and gentle white sand beaches.

Now Van Don is gradually taking on a different appearance. Van Don International Airport with strategic investor Sun Group is creating a boost for this sediment-filled land. Along with that, a complex of resort and entertainment projects... is being actively deployed by Sun Group, promising to create a breakthrough infrastructure for this place.

Van Don international airport is about to come into operation

Not only Sun Group, Crystal Bay Group, a tourism investment and development enterprise behind businessman Nguyen Duc Chi and shareholders, has approved the planning of the Van Don Heritage Road project - Van Don Heritage Road includes 2 components. Component 1 includes 7 mountain subdivisions and 1 artificial island subdivision with an area of ​​more than 2,800 hectares. Component 2 includes islands with an area of 492 hectares.

The project will carry out its "mission", which is to connect nature, sea, mountains and forests with the depth of history and indigenous culture to create an impressive entertainment and resort complex in the area, making Van Don a bustling destination again in a completely new look.

"Wake up" later than Van Don, Ninh Thuan is becoming a destination to attract tourism investment capital.

In which, demonstrating the vision and current pioneer in Ninh Thuan is Crystal Bay Group. Currently, this group is proposing to invest in Ninh Thuan 4 large projects with a scale of up to 10,000 4-5 star hotel rooms, which are the Mui Dinh Ecopark complex with an area of ​​766 hectares and tens of thousands of rooms, SunBay Park Hotel & Resort with 3,300 5-star hotel rooms and water park next to Binh Son park, Ninh Chu Sailing Bay complex with 3,740 rooms and commercial area, theme park at Ninh Chu estuary, and Bai Coc inner - Bai Coc tourist area project with about 270 rooms.

SunBay Park Hotel & Resort one of the major projects invested in Ninh Thuan

Along with Crystal Bay, many other investors are looking to Ninh Thuan as a new address for their capital flows such as: Vinpearl, FLC, T&T, TDH Ecoland...

The most prominent and most potential is Phu Quoc. In just the past 5 years, Phu Quoc has become a new address for both tourist and capital flows. Many large investors such as Vin group, Sun Group, CEO group... have given Phu Quoc a different look. Phu Quoc has nearly 500 accommodation establishments with about 15,000 rooms, including 6,000 5-star hotel rooms.

With entertainment areas such as Vinpearl, Safari of Vin group, cable car system and Hon Thom entertainment area of Sun Group... Phu Quoc is welcoming a galloping increase in tourist flow, up to 70.9% in the first half of this year compared to the same period last year.

Strongly attract capital flow

After only a few years of awakening, by the end of 2017, the total investment capital in Van Don was about 56,700 billion VND with many large projects. Surely this number will not stop after the tourism and traffic infrastructure in this once extremely bustling commercial port area is improved, the flow of tourists and investment capital will continue to come.

In Ninh Thuan, according to Mr. Luu Xuan Vinh, Chairman of Ninh Thuan Provincial People's Committee, up to now in Ninh Thuan province there are currently 48 investment projects in the tourism sector with an area of about 1,800 hectares, total investment capital of nearly 15,300 billion VND. Although this investment capital is still quite "modest", it will certainly skyrocket in the near future when tens of thousands of hotel rooms of pioneering investor Crystal Bay will soon come into operation, bringing Russian visitors - the strength of this business to Ninh Thuan.

According to the Phu Quoc Economic Zone Management Board, there are currently 278 valid investment projects, with a total estimated investment capital of more than 361,000 billion VND. Projects focus on improving tourism and communication infrastructure for this potential island district.

Hon Thom - Phu Quoc Cable Car

Vietnam's tourism industry is facing a great opportunity when our country is continuously on the list of countries with the fastest tourism growth in the world. Along with the destinations that have created the brand of Vietnamese tourism such as Nha Trang, Da Nang, Ha Long Bay... many new destinations have become magnets attracting visitors and investment capital.

With the participation of many large investors, lands rich in tourism resources such as Van Don, Ninh Thuan, Phu Quoc will certainly soon become new tourism centres of Vietnam, creating motivation for national tourism growth.

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Source: TheLeader — theleader.vn. The article is reposted for the purpose of sharing knowledge for the founder and investor community in the ecosystem HCM VIF.