Major components of NovaWorld Phan Thiet to be put into use at year-end

Several major components of NovaWorld Phan Thiet entertainment and tourism complex, including the 36-hole PGA golf course cluster, will be put into operation at the end of this year, according to developer Novaland Group.
Major components of NovaWorld Phan Thiet to be put into use at year-end ảnh 1At NovaWorld Phan Thiet complex (Photo: Novaland Group)
Hanoi (VNA) – Several major components ofNovaWorld Phan Thiet entertainment and tourism complex, including the 36-hole PGAgolf course cluster, will be put into operation at the end of this year,according to developer Novaland Group.

The cluster comprises two world-class golf courses – PGA Gardenand PGA Ocean – which is dubbed as the project’s most outstanding feature. Itis designed by Australian golf legend Greg Norman and known as the only inVietnam approved by the US Professional Golfers’ Association (PGA).

PGA Garden also houses PGA Academy, the only of its kindin Vietnam and Southeast Asia, which provides professional golf coachinglessons.

Other components to be soon available include PGA GolfVillas, the 25-ha Circus Land Amusement Park, and Sport Complex which has twofootball fields and four tennis courts in the first phase. There is also the16-ha marine park Miami Bikini Beach Sport Complex with a series of facilitiessuch as restaurant clusters, beach clubs, statues, and outdoor sports areas.

The developer has started the handover of the firstsecond-home villas in NovaWorld Phan Thiet to customers.

NovaWorld Phan Thiet is located in Phan Thiet City in thesouth central province of Binh Thuan.

Covering an area of over 1,000ha, the project will havehouses, second-home villas and shop-houses, all with a view of the sea. Inaddition, it will contain an entertainment area with theme parks, a pettingzoo, golf course and beach club.

Novaland is a giant property developer in the countrythat targets expanding its investment to the hospitality sector in the country’stourism sites of Phu Quoc, Binh Thuan, Khanh Hoa and Ba Ria-Vung Tau./.

VNA

See more

Prime Minister Pham Minh Chinh and Thai Prime Minister Paetongtarn Shinawatra witnessed the exchange of the MoU between the Ministry of Industry and Trade and Thailand's Central Group. (Photo: VNA)

MoIT, Thailand’s Central Group forge partnership to boost Vietnamese exports

The MoU, signed as part of Thai Prime Minister Paetongtarn Shinawatra’s official visit to Vietnam from May 15-16, was the result of extensive discussions between the two sides, aimed at enhancing the presence and competitiveness of Vietnamese products, particularly consumer goods, and agricultural and aquatic products.

Chu Lai Port welcomes the Chana Bhum, a Singapore-flagged vessel operated by RCL, marking the opening of the Chu Lai–India shipping route. (Photo: VNA)

Vietnamese firm, Thailand-based shipping line cooperate to launch Chu Lai - India direct call service

The direct call service helps cut transportation time, reduce costs, increase competitiveness by bypassing major transshipment ports in northern and southern Vietnam. At the same time, it opens up new trade opportunities, promotes logistics activities, develops supply chains, strengthens regional connectivity, and enhances the position of Chu Lai Port on the international maritime map.

Deputy Minister of Finance Cao Anh Tuan grants an interview to the Vietnam News Agency (VNA). (Photo: VNA)

Vietnam, US foster bilateral economic, financial cooperation

Strengthening the Vietnam - US economic and financial cooperation will open new avenues for collaboration and serve as a symbol of trust and a substantive Comprehensive Strategic Partnership for mutual prosperity, a Vietnamese official has said.

Ba Ria-Vung Tau seaport (Photo: VNA)

Resolution 68: A game-changer for Vietnam’s private sector

Beyond regulatory reform, Resolution 68 provides support policies for access to land, capital, and high-quality human resources, while also promoting digital transformation, innovation, sustainable development, and global value chain integration.

A booth at VietOffice 2024. The first VietOffice held in May last year was a success, generating positive results. (Photo: VNA)

VietOffice 2025 expected to attract 100 exhibitors

The event will see the participation of about 100 exhibitors from eight countries and territories, namerly India, Taiwan (China), China, the Republic of Korea, Japan, Hong Kong (China), the US, and Vietnam.

Illustrative image (Photo: VNA)

Exporters diversify orders to reduce reliance on single market

Facing the risks posed by trade barriers and potential reciprocal tariffs from the US, many businesses have proactively shifted their market strategies, stepped up trade promotion, and diversified their orders to reduce reliance on a single market.

A customer buys petrol at a station in Hanoi. (Photo: VNA)

Government proposes 2-pp VAT reduction on select goods and services until 2026

A 2-percentage-point reduction in the value-added tax (VAT) for goods and services will lead to a decrease in state revenue by approximately 121.74 trillion VND (over 4.69 billion USD) over the proposed period. This includes an estimated 39.54 trillion VND in the second half of 2025 and 82.2 trillion VND in 2026.

Illustrative photo (Photo: VNA)

Petrol prices up in latest adjustment

E5 RON92 petrol is now capped at 19,180 VND (0.74 USD) per litre, up 403 VND from the previous adjustment, while RON95-III petrol costs 19,594 VND per litre, up 415 VND.

Delegates at the groundbreaking ceremony. (Photo: VNA)

Ba Ria-Vung Tau: New phase of luxury resort project kicks off

The nearly 1 billion USD subdivision includes a system of 5-star hotels, resort villas, entertainment facilities, a casino, and an international convention and exhibition centre, with more than 6,000 rooms, serving over 18,000 guests at the same time.