Here is the third annual Ho Chi Minh City construction update (following on from the 2019 and 2020 construction updates). Continuing from last year, COVID-19 continues to cast a shadow over the construction sector. In fact this year has been worse, as Vietnam was one of the best performing countries in handling the virus in […]
vietnam
Phu Quoc construction report 2021 – The biggest leisure development site in Southeast Asia
The island of Phu Quoc in Vietnam has gone through an unprecedented decade of growth, with the government intent on turning this once sleepy island into a “sleepless city”. I say unprecedented because I have never seen anywhere in Southeast Asia that compares to what is going on here (Sihanoukville in Cambodia would be the […]
Future Phu Quoc – Hotels and resorts planned and under construction
Phu Quoc is an island of Vietnam to the far southwest of the country, off the coast of Cambodia. Phu Quoc is part of Kien Giang Province in the Mekong Delta Region, with Ha Tien being the closest port. Phu Quoc is the largest island in Vietnam, and with its sandy beaches and tropical climate, […]
Cocobay Da Nang: the failed leisure and entertainment complex
Cocobay is a leisure and entertainment complex in Da Nang, with a total investment of VND14-trillion (US$617 million) by the Empire Group. Cocobay is located halfway between Da Nang and Hoi An, covering an area of 31 hectares with a 600-metre beachfront. Accommodation of three to five-star standards ranges from hotels, condotels, semi-detached houses, townhouses, […]
Vung Tau construction update – 2021 edition
Vung Tau is a popular beach resort city in Southern Vietnam. Its proximity to Ho Chi Minh City makes it a defacto beach suburb for the city. In 2020 I did construction reports for the beach cities of Da Nang and Nha Trang, both of which rely heavily on international tourism. You could see first-hand […]
Future Ninh Thuan Province – Vietnam
Phan Rang–Thap Cham is the capital city of Ninh Thuan Province in the South Central Coast region of Vietnam. Ninh Thuan is bordered by Khanh Hoa to the north, Binh Thuan to the south, and Lam Dong in the Central Highlands to the west. Ninh Thuan Province has the lowest GDP per capita in the […]
Future Hoi An / Quang Nam Province
Quang Nam is a coastal province of Central Vietnam, in between Da Nang to the north and Quang Ngai Province to the south. In the interior, it borders Kon Tum Province and Laos. While Quang Nam is not a household name for the average tourist, everyone knows its most famous city of Hoi An. In […]
Da Nang construction update – 2020 edition
Da Nang has been booming over the last decade, becoming an increasingly popular tourist destination and central business hub in Vietnam. This growth has come to a grinding halt with the onset of the COVID-19 virus. In 2020 Da Nang recorded negative economic growth for the first time in over 20 years. It’s been especially […]
Ho Chi Minh City construction update – 2020 edition
This is the second annual Ho Chi Minh City construction update (here is the 2019 construction update), and what a difference a year makes. At the end of 2019 Vietnam had recorded over 7% GDP annual growth, capping off a record decade of growth. And then COVID-19 struck. With international travel all but closed down, […]
Vega City Nha Trang: seaside leisure and entertainment complex
Vega City Nha Trang is a coastal resort/new urban area that features hotels, villas, shophouses, and an entertainment area. Vega City is 13 km from the city centre (measured from Agarwood Tower), at the northeastern tip of Nha Trang Bay. Work began in May 2020 and it is now partially open. Project Title: Champarama Resort […]
