HCM City approves US$9b Cần Giờ coastal urban development project

HCM City People’s Committee has approved the planning for the Cần Giờ coastal urban area, which covers an area of 2,870 hectares and is projected to attract nearly US$9 billion in private investment.

The development will take place within coastal Long Hòa Commune and Cần Thạnh Town, located some 18 kilometres from the renowned Cần Giờ Mangrove Biosphere Reserve.

The site is strategically positioned near the Xoài Rạp and Lòng Tàu rivers, 17 kilometres from the Vàm Sát Eco-Tourism Area, and four kilometres from the popular tourist destination known as Monkey Island.

HCM City approves US$9b Cần Giờ coastal urban development project
A rendering of the waterfront theatre in the central area of the Cần Giờ urban area. — Photo courtesy of Cần Giờ District People’s Committee

The initiative is part of the district’s commitment to generating employment opportunities and increasing revenue in the district.

The project includes four subdivisions designed to establish a coastal tourism hub that features resorts, a smart city, and residential areas, among other facilities.

The development aims to accommodate 230,000 residents and create 25,000 job opportunities.

The planning phase is expected to last six months, with the project’s implementation scheduled for a duration of 11 years, followed by a total operational period of 50 years.

The city has recently outlined plans to transform Cần Giờ District into an ecological urban area as part of broader efforts to enhance urbanisation and improve the quality of life for its residents.

With a coastline stretching 13 kilometres and an extensive mangrove forest interwoven with a complex network of rivers, canals, and diverse flora and fauna, Cần Giờ possesses substantial potential for the development of eco-tourism, community-based tourism, and resort tourism, as noted by experts in the field.

Situated 50 kilometres from the city centre, Cần Giờ covers an area exceeding 70,412 hectares, of which more than 33,000 hectares consist of mangrove forests.

The Cần Giờ Mangrove Forest was designated as a biosphere reserve by UNESCO in 2000, and its salt-making villages, swallow nest areas, seafood and fruit gardens serve as attractive tourist destinations.

Although tourism development in Cần Giờ has progressed slowly due to limited access via ferry, the proposed construction of new bridges linking the district to the rest of the city is expected to enhance accessibility significantly.

Recently, the district has experienced an average annual increase of 50 per cent in visitor numbers, with the project targeting 8.9 million tourists annually.

It’s the only coastal area within HCM City and boasts several tourist attractions, including Monkey Island, Hàng Dương Seafood Market, the Vàm Sát Ecological Tourist Area, and Rừng Sác (Sác Forest).

Cần Giờ is also renowned for its annual Nghinh Ông (Whale Worshiping) Festival recognised as a National Intangible Cultural Heritage by the Ministry of Culture, Sports and Tourism.

Cần Giờ mangroves play a crucial role in filtering grey water from upstream sources and regulating flood flows, experts said.

Source: VNS

See also

Hanoi attracts 1.6 billion USD in FDI in ten months

Hanoi attracts 1.6 billion USD in FDI in ten months

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.
Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn's Shunsin Technology Việt Nam is seeking an environmental permit for a US$80 million chip manufacturing project in Bắc Giang province.
Da Nang to invest additional 16 million USD into software park

Da Nang to invest additional 16 million USD into software park

The People's Council of Da Nang city has approved the adjusted pre-feasibility study report for the development of Software Park No 2, proposed by the municipal People's Committee.
PM receives heads of leading investment firm, authority of Qatar

PM receives heads of leading investment firm, authority of Qatar

Vietnamese Prime Minister Pham Minh Chinh have received leaders of the JTA International Investment Holding and the Qatar Investment Authority (QIA) in Doha as part of his official visit to the Middle Eastern country.
Forum suggests suitable orientations for green development strategy in Lam Dong

Forum suggests suitable orientations for green development strategy in Lam Dong

An investment forum entitled “Lam Dong Green Plateau — Sustainable Green Transformation: Opportunities for Investors” took place in Da Lat City, in the Central Highlands province of Lam Dong, on the afternoon of October 30.
Hung Yen promotes trade, investment in Germany for first time

Hung Yen promotes trade, investment in Germany for first time

An investment promotion and trade cooperation conference between the northern province of Hung Yen and German partners took place in Berlin on October 28.

See more news

Dong Nai Province attracts green investment projects

Dong Nai Province attracts green investment projects

Recognizing Dong Nai Province's strong potential to attract foreign direct investment (FDI), particularly in the logistics sector, KCN Vietnam Group has crafted a strategic plan and committed significant resources to develop a state-of-the-art warehouse system that meets international green standards.
Long An Province working hard to improve investment environment

Long An Province working hard to improve investment environment

The Mekong Delta province of Long An is committed to further improving its business environment, securing its place in the top three in the Provincial Competitiveness Index rankings, according to the provincial People’s Committee (Administration).
Accelerating the disbursement of public investment capital

Accelerating the disbursement of public investment capital

The Ministry of Planning and Investment has proposed that the government consider launching a 120-day-and-night campaign to disburse public investment capital for 2024. It also urged ministries, sectors, and localities with disbursement rates below the national average to focus on accelerating the disbursement of public investment capital from now until the end of the year.
Investors upbeat about Vietnam’s industrial property market

Investors upbeat about Vietnam’s industrial property market

Hanoi – Investors are bullish on Vietnam's industrial property market growth on the back of the nation's strategic location, sound infrastructure, and increasing demand for industrial space, particularly industrial parks that meet green standards, according to market research.
Real estate segments benefit from surging FDI inflow in production

Real estate segments benefit from surging FDI inflow in production

HCM City – Despite a modest influx of foreign direct investment (FDI) in the real estate sector since early 2024, Savills Vietnam sees a silver lining in the surge of FDI into high-tech manufacturing.
Dong Nai rolls out red carpet for investment in "100-year development strategy"

Dong Nai rolls out red carpet for investment in "100-year development strategy"

The southern province of Dong Nai is considered to be at a golden stage, gathering all necessary factors to accelerate and make strong breakthroughs in the coming years, including aligning the province's development with the Southeast region.
Binh Duong needs 300 million USD to upgrade urban infrastructure

Binh Duong needs 300 million USD to upgrade urban infrastructure

The southern province of Binh Duong is implementing a plan to access loans of nearly 317 million USD to upgrade urban infrastructure for residents' better living conditions, according to Vice Chairman of the provincial People’s Committee Mai Hung Dung.
Vinh Phuc Province, destination for global corporations

Vinh Phuc Province, destination for global corporations

(VEN) - In early September 2024, Richard Chandler, a billionaire ranked 15th on Forbes’ list of the 50 wealthiest billionaires in Singapore, proposed to Tran Duy Dong, Chairman of the People’s Committee of Vinh Phuc Province, a project worth VND1 trillion to be developed in the locality.
Hưng Yên creates open environment to attract investment

Hưng Yên creates open environment to attract investment

With an open investment environment, modern infrastructure and abundant labour resources, Hưng Yên has successfully marketed itself as an attractive destination for investors.
Vietnam has great potential to attract FDI in medical sector

Vietnam has great potential to attract FDI in medical sector

(VEN) - With a large and growing domestic market, socioeconomic stability, and active participation in free trade agreements (FTAs), Vietnam has significant potential to attract foreign direct investment (FDI) in the medical sector.
View more
Latest Most Read
Domestic car production peaks, ensures abundant supply

Domestic car production peaks, ensures abundant supply

HÀ NỘI — Domestic car production this year has reached a new high with 38,200 cars assembled in October, according to data released by the General Statistics Office (GSO) on Wednesday.
Việt Nam ready to attract major semiconductor players with new initiatives

Việt Nam ready to attract major semiconductor players with new initiatives

HÀ NỘI — Việt Nam has shown it is ready to welcome and collaborate with semiconductor companies and investors from around the globe, Minister of Planning and Investment Nguyễn Chí Dũng stated at the opening of SEMIExpo Vietnam 2024 on Thursday.
Vietnam gives top priority to relations with China: PM

Vietnam gives top priority to relations with China: PM

Kunming – Developing relations with China is a consistent policy, an objective requirement, a strategic choice, and a top priority in Vietnam's foreign policy, Prime Minister Pham Minh Chinh told Chinese Premier Li Qiang at their talks in Kunming city in China’s Yunnan province on November 7.
Hanoi attracts 1.6 billion USD in FDI in ten months

Hanoi attracts 1.6 billion USD in FDI in ten months

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.
Metro line connecting capital with airport needed

Metro line connecting capital with airport needed

Residents of Hanoi increasingly yearn for a metro line linking the Noi Bai International Airport to reduce the costs and travel times for both locals and tourists.
vietnams key contributions to acmecs

Vietnam's key contributions to ACMECS

Vietnam officially joined the Ayeyawady - Chao Phraya - Mekong Economic Cooperation Strategy (ACMECS) at the first ACMECS Ministerial Meeting in Thailand in November 2004. As an active and responsible member, Vietnam has made and continues to make significant contributions to ACMECS.
vietnams role in gms economic cooperation

Vietnam’s role in GMS economic cooperation

At the invitation of Chinese Premier Li Qiang, Prime Minister Pham Minh Chinh is leading a high-level delegation to the 8th Greater Mekong Subregion (GMS) Summit from November 5-8, 2024. On this occasion, he will also attend the 10th Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS) Summit and the 11th Cambodia-Laos-Myanmar-Vietnam (CLMV) Cooperation Summit and hold working sessions in China.
practical innovations

Practical innovations

Recent cooperation between InfraSen, a start-up in semiconductor technology, and MK Group, a leading company in technology, has shown an encouraging sign of unity between scientists and economists. The MK Group will help produce a thermal image core sensor of InfraSen for domestic and overseas markets. Let’s listen to insiders’ voices about semiconductor device production in Việt Nam!
seven strategic directions to lead the nation into a new era

Seven strategic directions to lead the nation into a new era

In the special feature on the new era—the era of the nation's rise—on October 31, 2024, Party General Secretary To Lam outlined seven strategic directions for the country to embark on this new phase of national development.
delicacy of ha nois autumn

Delicacy of Hà Nội’s autumn

Cốm (young rice) is a delicacy of Hà Nội’s autumn, from which many popular dishes have been created, but it is also being developed in new ways by younger cooks.
Vietnam gives top priority to relations with China: PM

Vietnam gives top priority to relations with China: PM

Kunming – Developing relations with China is a consistent policy, an objective requirement, a strategic choice, and a top priority in Vietnam's foreign policy, Prime Minister Pham Minh Chinh told Chinese Premier Li Qiang at their talks in Kunming city in China’s Yunnan province on November 7.
PM puts forth proposals to develop new-generation GMS economic corridors

PM puts forth proposals to develop new-generation GMS economic corridors

Kunming – Vietnamese Prime Minister Pham Minh Chinh joined leaders of Cambodia, Laos, Myanmar, Thailand and China as well as heads of the Asian Development Bank (ADB) and regional and international organisations at the 8th Greater Mekong Sub-region (GMS) Summit which opened in Kunming city in China’s Yunnan province on November 7.
Vietnam proactively raises initiatives within CLMV

Vietnam proactively raises initiatives within CLMV

Since the establishment of the Cambodia-Laos-Myanmar-Vietnam (CLMV) cooperation mechanism, Vietnam has consistently acted as an active and responsible member, making significant contributions to the mechanism.
Revised Pharmacy Law only fixes tip of iceberg

Revised Pharmacy Law only fixes tip of iceberg

National Assembly (NA) deputy Phạm Khánh Phong Lan, from the HCM City delegation, spoke to Vietnamplus during the current session of the NA looking at the draft revisions to the Pharmacy Law.
Vietnam’s path to sustainable semiconductor industry

Vietnam’s path to sustainable semiconductor industry

(VEN) - Vietnam’s semiconductor industry development strategy aims to reach an annual revenue of over US$25 billion in the 2024-2030 period, US$50 billion in the 2030-2040 period, and US$100 billion in the 2040-2050 period.
Industrial production index rises 8.3 per cent in ten months

Industrial production index rises 8.3 per cent in ten months

The Industrial Production Index in October increased by 7 per cent, pushing the increase in the first 10 months to 8.3 per cent, compared to the same time last year.
Efforts to bring electricity to remote villages of Ha Giang Province

Efforts to bring electricity to remote villages of Ha Giang Province

The northern province of Ha Giang has complex terrain and a sparsely populated community, which poses many challenges to infrastructure investment, particularly in bringing electricity to remote mountainous villages. However, thanks to the efforts of local authorities and the electricity sector, Ha Giang Province is gradually realising the goal of providing electricity to all highland villages.
Vietnamese F&B industry works to catch up with green consumption trend

Vietnamese F&B industry works to catch up with green consumption trend

By promoting the use of green materials and technologies in production, Vietnam will win the world food and beverage market which is switching to the green consumption trend, according to experts.
Hanoi attracts 1.6 billion USD in FDI in ten months

Hanoi attracts 1.6 billion USD in FDI in ten months

Hanoi attracted 58.4 million USD in foreign direct investment (FDI) in October, bringing the total in the first ten months of this year to 1.6 billion USD.
Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn to invest US$80 million in Bắc Giang for chip manufacturing expansion

Foxconn's Shunsin Technology Việt Nam is seeking an environmental permit for a US$80 million chip manufacturing project in Bắc Giang province.
Da Nang to invest additional 16 million USD into software park

Da Nang to invest additional 16 million USD into software park

The People's Council of Da Nang city has approved the adjusted pre-feasibility study report for the development of Software Park No 2, proposed by the municipal People's Committee.
PM receives heads of leading investment firm, authority of Qatar

PM receives heads of leading investment firm, authority of Qatar

Vietnamese Prime Minister Pham Minh Chinh have received leaders of the JTA International Investment Holding and the Qatar Investment Authority (QIA) in Doha as part of his official visit to the Middle Eastern country.
Việt Nam

Việt Nam's stock market moves closer to emerging market status amid key policy changes

The swift efforts by the Vietnamese securities regulator to eliminate pre-funding requirements have garnered praise from FTSE Russell and Morgan Stanley.
Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

Krungsri proposes accelerating purchase of 50% of SHBFinance’s charter capital

Ayudhya Public Bank Limited (Krungsri), a member of Japan's MUFG Group, has proposed to the Saigon - Hanoi Commercial Joint Stock Bank (SHB) that it will speed up the acquisition of the remaining 50% of SHBFinance’s charter capital.
Finance ministry proposes two price management scenarios for year-end

Finance ministry proposes two price management scenarios for year-end

The Ministry of Finance has released two price management scenarios to control inflation until the end of the year.
Banking sector prioritises support for import-export firms

Banking sector prioritises support for import-export firms

Affordable bank credit has supported businesses in key sectors that drive the country’s economic growth, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City office, told a conference on October 31.
The 2024 Vietwater & WETV exhibitions open in HCMC

The 2024 Vietwater & WETV exhibitions open in HCMC

The international exhibitions on water supply, sanitation, water resources and purification (Vietwater 2024) and on waste treatment and environment technology (WETV 2024) have opened in Ho Chi Minh City (HCMC).
Workshop looks to address environmental management issues in industrial areas

Workshop looks to address environmental management issues in industrial areas

The State Audit Office of Vietnam (SAV) hosted a workshop in Hanoi on November 5, bringing together top auditors from ASEAN member states to share experience in handling environmental management challenges in industrial clusters and craft villages.
More accurate forecasts at all levels needed to reduce coastal disaster risk

More accurate forecasts at all levels needed to reduce coastal disaster risk

Establishing different warning levels for natural disaster risks will help minimise damage and overcome the consequences of natural disasters.
Nearly-98-million-USD environment project inaugurated in Ninh Thuan

Nearly-98-million-USD environment project inaugurated in Ninh Thuan

The Phan Rang-Thap Cham city sub-project – part of the Coastal Cities Sustainable Environment Project funded by the World Bank Group was inauguarted in the south-central province of Ninh Thuan on November 2 with improved infrastructure works that can benefit 69,000 local residents.
Practical innovations

Practical innovations

Recent cooperation between InfraSen, a start-up in semiconductor technology, and MK Group, a leading company in technology, has shown an encouraging sign of unity between scientists and economists. The MK Group will help produce a thermal image core sensor of InfraSen for domestic and overseas markets. Let’s listen to insiders’ voices about semiconductor device production in Việt Nam!
Technology “key” to attract FDI

Technology “key” to attract FDI

(VEN) - According to Nguyen Van Toan, Vice President of the Association of Foreign Investment Enterprises (VAFIE), apart from environmental factors, technology plays an important role, not only in economic development, but also in the race to attract foreign direct investment.
HCM City partners with Google for Education in digital transformation

HCM City partners with Google for Education in digital transformation

Tim Paolini, Director of Google for Education for Asia-Pacific and Middle East, had a working session with representatives of the Ho Chi Minh City People’s Committee on November 1 to discuss cooperation orientations for digital transformation in education.
Việt Nam develops

Việt Nam develops 'purely Vietnamese' generative AI

Many businesses in Việt Nam have quickly seized the opportunity and boosted investment to master the new technology.
Metro line connecting capital with airport needed

Metro line connecting capital with airport needed

Residents of Hanoi increasingly yearn for a metro line linking the Noi Bai International Airport to reduce the costs and travel times for both locals and tourists.
Military aircraft crash in Binh Dinh: Both pilots found safe

Military aircraft crash in Binh Dinh: Both pilots found safe

Both pilots involved in a military aircraft crash, which occurred during a training flight over Tay Xuan commune in the south central province of Binh Dinh’s Tay Son district on November 6, were found safe at night of the same day.
Shortage of vaccines is due to procurement procedures: MoH

Shortage of vaccines is due to procurement procedures: MoH

Many localities have requested the Ministry of Health to continue acting as the central procuring authority for vaccines and to allocate them to localities.
1,400 ha Phu My port planned in Binh Dinh

1,400 ha Phu My port planned in Binh Dinh

(VEN) - On November 4, the People’s Committee of Binh Dinh Province sent an official dispatch to the Ministry of Transport proposing the additional planning of Phu My port area which will c​​over an area of 1,400 ha, belonging to Binh Dinh seaport.
Sóc Trăng’s ST25 fragrant rice awarded 5-star OCOP rating

Sóc Trăng’s ST25 fragrant rice awarded 5-star OCOP rating

Sóc Trăng Province's OCOP Council was recently granted the prestigious 5-star rating to ST25 fragrant rice from Trần Đề District, reinforcing its status as a high-quality local product.
Hà Nội’s Phú Xuyên District promotes OCOP craft village products through digital channels

Hà Nội’s Phú Xuyên District promotes OCOP craft village products through digital channels

Phú Xuyên has 231 OCOP products, with 70 per cent coming from craft villages, which helps preserve traditional culture and expand market reach.
190 businesses win Vietnam National Brand Award 2024

190 businesses win Vietnam National Brand Award 2024

A total of 359 products from 190 businesses were honoured with the National Brand Award 2024 at a ceremony held in Hanoi on November 4 evening.
Vietnamese AI firms have many chances of development

Vietnamese AI firms have many chances of development

Demand in the domestic market along with a series of new regulations and policies are supporting for the Vietnamese AI start-up community to develop.
tcty-dau-khi-vn-pv-power-2022
Famous musical star Philip Quast to perform and share experiences in Hà Nội

Famous musical star Philip Quast to perform and share experiences in Hà Nội

The famous bass-baritone singer, who is best known for his role as Inspector Javert in the stage musical Les Misérables and in the Les Misérables: The Dream Cast in Concert, will be performing his show, The Road I Took.

'Cải lương' guru performs in TV programme

People’s Artist and cải lương (reformed opera) guru Lệ Thuỷ is working in a special TV show produced by the Hồ Chí Minh City Television (HTV) and its partners.
Calligraphy exhibition highlights literary masterpieces

Calligraphy exhibition highlights literary masterpieces

The exhibition features 18 writers from all over the country. Each has a different profession, but they all share a love of Vietnamese calligraphy and a desire to spread this passion for art to as many people as possible.
VN int’l fashion week Fall/Winter 2024 prepares to open

VN int’l fashion week Fall/Winter 2024 prepares to open

Sixteen international and Vietnamese fashion designers and brands will display their latest collections at the Aquafina Việt Nam International Fashion Week (AVIFW) Fall/Winter 2024 held in Hà Nội from November 13-16.
Govt plans survey for tourism resources

Govt plans survey for tourism resources

The Ministry of Culture, Sports and Tourism, in coordination with the People's Committee of Bà Rịa-Vũng Tàu Province, has launched a survey on tourism resources across the country.
Time Out lists Vietnam among Top 5 Memorable Christmas Escapes in Asia

Time Out lists Vietnam among Top 5 Memorable Christmas Escapes in Asia

British magazine Time Out has unveiled a list of the Top 5 Memorable Christmas Escapes in Asia, with Vietnam and its stunning natural beauty and a distinctive heritage being placed in second position.
Foreign travellers

Foreign travellers' interest in northern regions still strong after typhoon

Digital travel platform Agoda has recently revealed that traveler interest in key northern regions of Việt Nam has remained encouraging following the damage wrought by Typhoon Yagi, which made landfall on September 7.
Ninh Bình Festival to boost historical heritages of VN’s former capitals

Ninh Bình Festival to boost historical heritages of VN’s former capitals

From November 24 to 30 in Ninh Bình City and Hoa Lư District – the former capital of Việt nation from 968 to 1009 - the festival aims to portray glorious historical milestones and 'decode' the cultural values of the ancient capital.
Mobile Version