Flamingo Cat Ba Beach Resort, with a view of Lan Ha Bay, is located on Cat Co 1 and Cat Co 2 beaches. — Photo Flamingo Group

The first five-star resort and entertainment complex on Cat Ba Island, Hai Phong City, promises to change the local tourism and economy, said Flamingo Group’s Executive Director Rajat Chhabra, at a ceremony yesterday in Ha Noi where the Flamingo Cat Ba Beach Resort was officially announced.

The resort, with a view of Lan Ha Bay, is located on Cat Co 1 and Cat Co 2 beaches.

The villas will be sold from VND3 billion (US$139,000), and enjoy a zero per cent interest rate in the first 10 months from Vietcombank, with total lending pegged at 60 per cent of the total value and will be given out over 15 years.

The resort will provide a conference centre, an entertainment area specialised for tourists, cinemas, children’s play area, cuisine area, four-season swimming pools and a fitness centre. — VNS