Despite Vung Tau’s great tourism potential, not much investment has been made in tourism-related facilities and attractions.— Photo vntrip
Despite Vung Tau’s great tourism potential, not much investment has been made in tourism-related facilities and attractions.
It also lacks large malls while accommodation and restaurants are limited.
Dau Tu (Investment Review) newspaper quoted a source from the Ba Ria – Vung Tau Province Department of Construction as saying there is only one coastal tourism project under construction now.
Nguyen Tan Thanh, director of Vinh Phong Property Company, told the newspaper that Vung Tau had an ideal location and beautiful landscapes that not many other places do but there are few policies to attract investment into tourism.
Many popular tourist cities and provinces have built amusement areas and conference centres to develop meetings, incentives, conferences and exhibition (MICE) tourism.
But Vung Tau has not, he said.
Vung Tau has a long beautiful coast but lacks beaches for tourists to swim, he added.
The newspaper said many investors plan to develop tourism-related properties in the city.
They include one by Khai Hoan Land, which wants to develop a 12,000ha project. The Tuan Chau Group plans to develop Vung Tau Marina City on an area of 345ha.
Vung Tau is only 90km away from HCM City, and has roads connecting HCM City and other neighbouring provinces.
The city has beautiful landscapes with two main mountains, Nui Lon (Big Mountain) and Nui Nho (Small Mountain).
On top of the latter is a lighthouse built over 100 years ago. On the other mountain is the large Lake May and a natural forest.
Thanks to its beautiful and good weather, the city attracts lots of visitors.
According to the city People’s Committee, 2.79 million visitors came last year, including 363,000 foreigners, a 15 per cent increase year-on-year.
Ba Ria — Vung Tau is seen as an attractive destination for foreign investment: Of 69 projects it licensed last year, 29 were by foreign investors.
The province has many industrial zones and more than 10 ports. — VNS