New luxury resort to be built in Thua Thien-Hue

MTV Hue Spirit Sanctuary Ltd Co this week received in-principle approval from the Thua Thien-Hue People’s Committee to develop a luxury resort complex in the province’s Huong Tra town.
New luxury resort to be built in Thua Thien-Hue ảnh 1MTV Hue Spirit Sanctuary Ltd Co this week received in-principle approval from Thua Thien Hue People’s Committee to develop a luxury resort complex in the province’s Huong Tra town. (Source: VNA)

Thua Thien-Hue (VNA) - MTV Hue Spirit SanctuaryLtd Co this week received in-principle approval from the Thua Thien-HuePeople’s Committee to develop a luxury resort complex in the province’s HuongTra town.

Construction of the complex, expected to cost 205 billionVND (9 million USD), is planned to begin in the third quarter of 2018 and becompleted in the fourth quarter of 2019.

The Hue Spirit Sanctuary complex, which will comprisevillas, an international convention centre and entertainment area, strives toserve the high-end tourist segment.

Thua Thien-Hue had welcomed over 3.1 million travellers,including 1.2 foreigners, over the past 10 months of this year, up 12.6 percentyear-on-year, according to the provincial Department of Culture, Sports andTourism.

During the reviewed period, the province’s tourism revenueexperienced a yearly rise of 10 percent, to more than 2.8 trillion VND (123.4million USD), the department said.-VNA
VNA

See more

Executive President of the China - ASEAN Business Council (CABC) Xu Ningning. (Photo: VNA)

Broader space for Vietnam - China cooperation: Chinese expert

By working together on new challenges and business opportunities, the prospects for cooperation between China and Vietnam will be even broader, and there will certainly be more space for development, said Executive President of the China - ASEAN Business Council (CABC) Xu Ningning.

Illustrative image (Photo: VNA)

Vietnam, Algeria forge stronger economic bonds

The Vietnam Trade Office in Algeria held a meeting with representatives from several Algerian trade promotion organisations and businesses on January 15 to look back on bilateral trade and chart a course for future collaborations.

Swiss-Viet Economic Forum members (Photo: VNA)

Swiss-Viet Economic Forum helps boost bilateral collaboration

The Swiss-Viet Economic Forum (SVEF) set goals for 2025, focusing on continuing to serve as a bridge to strengthen economic and cultural relations between the two countries at an event on January 15 to celebrate the first anniversary of its establishment.

Workers at a Taiwanese company in An Duong industrial part, Hai Phong city. (Photo: VNA)

Hai Phong, Quang Ninh attract 7.82 billion USD in FDI in 2024

With 7.82 billion USD in foreign direct investment lured in 2024, the port city of Hai Phong and the northeastern province of Quang Ninh continued affirming their strong attraction as the two pillars of the northern economic triangle, that includes Hanoi.

TPBank secures 120 million USD loan from JICA. (Photo courtesy of JICA)

TPBank secures 120 million USD long-term loan from JICA

The Japan International Cooperation Agency (JICA) officially signed a loan agreement with the Tien Phong Commercial Joint Stock Bank (TPBank) under the Private Sector Investment Finance (PSIF) project on January 14.

Kim Long Motor Hue JSC and Changan Automobile Group sign a cooperation agreement on building a factory. (Photo: VNA)

New passenger car factory to be built in Hue

Kim Long Motor Hue Joint Stock Company and Changan Automobile Group (China) on January 14 signed a cooperation agreement to build a passenger car factory at an industrial park in the central city of Hue that will be capable of producing 50,000 vehicles per year.

Illustrative photo (Photo: VNA)

Quang Ninh sets land clearance as priority for FDI attraction

The northern province of Quang Ninh is on a mission to cement its status as one of Vietnam's premier destinations for foreign direct investment (FDI), with a strategic focus on land clearance for industrial park infrastructure projects this year.