The entrance to Vinpearl Ha Long Bay resort in Quang Ninh province. (Photo: VNA) Quang Ninh (VNS/VNA) - The northern province of QuangNinh needs to call on investment in developing luxury tourism and real estateproducts to meet the high demand of tourists, according to experts.
Vu Van Dien, vice chairman of the People’s Committee of QuangNinh, said at a recent seminar on real estate investment and tourismdevelopment strategy in Quang Ninh that over past years, the province hasfocused on implementing strategic plans in three key fields, includinginfrastructure, technology and human resources.
As a result, the province has attracted many domestic and foreign businessesinvesting in large residential areas, urban areas, and service areas forresidents and tourists.
However, at present, Quang Ninh still lacks high-end real estate tourismproducts, Dien said.
Lao động (Labour) newspaper quoted Nguyen Tuan Thanh, Director of a Hanoi-basedtravel company, as saying at the seminar that "Quang Ninh still lacks5-star hotels and high-end resorts, though the province has many advantages todevelop this kind of property, including hundreds of beautiful small islands inHa Long Bay and Bai Tu Long. Meanwhile, the number of low-end hotels in Ha LongCity is excessive."
The lack of high-end products and onshore services also means there is littleseasonal difference in the number of tourists to Quang Ninh, although in recentyears, the number of visitors in the winter has increased slightly.
Now, Quang Ninh has stopped licensing the construction of low-end hotels in HaLong, Van Don and Co To, to provide land for developing large hotel and resortprojects, Dien said.
According to the Management Board of Quang Ninh Economic Zone, the Van Don Economic Zone (EZ) has attracted a number ofbig investors studying the potential of property projects, including FLC Group,Sun Group, MBLand, Crystal Bay and CEO Group.
Quang Ninh has been also calling in investment of around with 5.5 trillion VND inthe Phuong Hoang Phượng Hoàng Island eco-tourism region. The ecological touristarea would cover a total area of 452ha, including a golf course, 3-5 star hotelsand entertainment areas, costing around 3.5 trillion VND.
Nguyen Tran Nam, chairman of the Vietnam Real Estate Association, said toimplement the tourism strategy associated with real estate, the most importantthing is policy.
Quang Ninh is one of the few provinces with high budget revenues, especiallyfrom tourism, Nam said. Therefore, provincial authorities need to actively callon investment in the tourism sector, including tourism property products, andcreate favourable conditions for developing those products.
The province should develop clear plans on construction and architectural spaceto avoid speculation, affecting the plans and clearance site for the projects,he said.
One more issue is infrastructure. The province needs moretechnical and social infrastructure to attract investment into the tourismsector and other fields, including the development of tourism property products.
Travel is usually associated with shopping, Nam said, but Quang Ninh does nothave a plan to develop a commercial network and the development of stores hasbeen sporadic. Therefore, the province should create more trading centres tostimulate shopping and meet the demand of visitors.
The province should also pay attention to the environment during the developingof tourism and associated products, Nam said.
Nguyen Manh Tuan, deputy director of Quang Ninh Department of Construction,said over the past years, Quang Ninh has implemented strategic plans on thedevelopment of regions and infrastructure, and set plans on construction incoastal zones. Those plans have focused on the advantages of Ha Long Bay, CuaLuc and Bai Tu Long for development.
Regarding the environment, a representative of Quang Ninh’sDepartment of Natural Resources and Environment, said the province has investedin an automatic monitoring system to monitor the environment in many areas,especially around cement plants, coal production plants and urban areas. It hasalso invested in developing environmental protection areas to attract tourists.
Dang Tat Thang, Deputy General Director of FLC Group, said Quang Ninh has a lotof potential. FLC, a large property development firm, began investing in theprovince in 2015. The group has received support from the state offices of QuangNinh in developing its projects.
Therefore, in the future, the group plans to invest in Ngoc Vung island in VanDon, to develop golf courses, resort complexes and casinos with totalinvestment of 2 billion USD, Thang said.
Truong Manh Hung, from the Investment Promotion Department of Quang Ninh, saidthe province has many preferential policies and improved the investmentenvironment to attract more firms. Especially, in administrative reform, theprovince has cut the time for administrative procedures and reduced licensingtime. Because of this, Quang Ninh was ranked second in terms of competitivenessat the provincial level.
Meanwhile, Nguyen Nhu Y, General Director of Real Estate Services JSC, saidbusinesses need transparent information about the property market and the provincialauthorities’ directions on property market development. The company has seenstrong development in the property market of Van Don EZ.
Transparent information will contribute to creating sustainability in theproperty market, she said.
The number of visitors to Quang Ninh has increased annually by 20-25 percent.The province expects to receive 9.8 million tourists, including 4.2 millionforeign visitors, in 2017.
Quang Ninh has seen remarkable changes in its socio-economic development overthe past five years, attracting significant local and foreign investment. As aresult, the province has been developing tourist and high quality real estateregions.
The province has policies on calling investors to upgrade andbuild a series of highways, airports and seaports quickly connecting Quang Ninhto other provinces and cities.
In addition, Quang Ninh is building the Van Don SpecialEconomic - Administrative Zone, so the province has more opportunities todevelop tourism and real estate for investors. – VNA
Vu Van Dien, vice chairman of the People’s Committee of QuangNinh, said at a recent seminar on real estate investment and tourismdevelopment strategy in Quang Ninh that over past years, the province hasfocused on implementing strategic plans in three key fields, includinginfrastructure, technology and human resources.
As a result, the province has attracted many domestic and foreign businessesinvesting in large residential areas, urban areas, and service areas forresidents and tourists.
However, at present, Quang Ninh still lacks high-end real estate tourismproducts, Dien said.
Lao động (Labour) newspaper quoted Nguyen Tuan Thanh, Director of a Hanoi-basedtravel company, as saying at the seminar that "Quang Ninh still lacks5-star hotels and high-end resorts, though the province has many advantages todevelop this kind of property, including hundreds of beautiful small islands inHa Long Bay and Bai Tu Long. Meanwhile, the number of low-end hotels in Ha LongCity is excessive."
The lack of high-end products and onshore services also means there is littleseasonal difference in the number of tourists to Quang Ninh, although in recentyears, the number of visitors in the winter has increased slightly.
Now, Quang Ninh has stopped licensing the construction of low-end hotels in HaLong, Van Don and Co To, to provide land for developing large hotel and resortprojects, Dien said.
According to the Management Board of Quang Ninh Economic Zone, the Van Don Economic Zone (EZ) has attracted a number ofbig investors studying the potential of property projects, including FLC Group,Sun Group, MBLand, Crystal Bay and CEO Group.
Quang Ninh has been also calling in investment of around with 5.5 trillion VND inthe Phuong Hoang Phượng Hoàng Island eco-tourism region. The ecological touristarea would cover a total area of 452ha, including a golf course, 3-5 star hotelsand entertainment areas, costing around 3.5 trillion VND.
Nguyen Tran Nam, chairman of the Vietnam Real Estate Association, said toimplement the tourism strategy associated with real estate, the most importantthing is policy.
Quang Ninh is one of the few provinces with high budget revenues, especiallyfrom tourism, Nam said. Therefore, provincial authorities need to actively callon investment in the tourism sector, including tourism property products, andcreate favourable conditions for developing those products.
The province should develop clear plans on construction and architectural spaceto avoid speculation, affecting the plans and clearance site for the projects,he said.
One more issue is infrastructure. The province needs moretechnical and social infrastructure to attract investment into the tourismsector and other fields, including the development of tourism property products.
Travel is usually associated with shopping, Nam said, but Quang Ninh does nothave a plan to develop a commercial network and the development of stores hasbeen sporadic. Therefore, the province should create more trading centres tostimulate shopping and meet the demand of visitors.
The province should also pay attention to the environment during the developingof tourism and associated products, Nam said.
Nguyen Manh Tuan, deputy director of Quang Ninh Department of Construction,said over the past years, Quang Ninh has implemented strategic plans on thedevelopment of regions and infrastructure, and set plans on construction incoastal zones. Those plans have focused on the advantages of Ha Long Bay, CuaLuc and Bai Tu Long for development.
Regarding the environment, a representative of Quang Ninh’sDepartment of Natural Resources and Environment, said the province has investedin an automatic monitoring system to monitor the environment in many areas,especially around cement plants, coal production plants and urban areas. It hasalso invested in developing environmental protection areas to attract tourists.
Dang Tat Thang, Deputy General Director of FLC Group, said Quang Ninh has a lotof potential. FLC, a large property development firm, began investing in theprovince in 2015. The group has received support from the state offices of QuangNinh in developing its projects.
Therefore, in the future, the group plans to invest in Ngoc Vung island in VanDon, to develop golf courses, resort complexes and casinos with totalinvestment of 2 billion USD, Thang said.
Truong Manh Hung, from the Investment Promotion Department of Quang Ninh, saidthe province has many preferential policies and improved the investmentenvironment to attract more firms. Especially, in administrative reform, theprovince has cut the time for administrative procedures and reduced licensingtime. Because of this, Quang Ninh was ranked second in terms of competitivenessat the provincial level.
Meanwhile, Nguyen Nhu Y, General Director of Real Estate Services JSC, saidbusinesses need transparent information about the property market and the provincialauthorities’ directions on property market development. The company has seenstrong development in the property market of Van Don EZ.
Transparent information will contribute to creating sustainability in theproperty market, she said.
The number of visitors to Quang Ninh has increased annually by 20-25 percent.The province expects to receive 9.8 million tourists, including 4.2 millionforeign visitors, in 2017.
Quang Ninh has seen remarkable changes in its socio-economic development overthe past five years, attracting significant local and foreign investment. As aresult, the province has been developing tourist and high quality real estateregions.
The province has policies on calling investors to upgrade andbuild a series of highways, airports and seaports quickly connecting Quang Ninhto other provinces and cities.
In addition, Quang Ninh is building the Van Don SpecialEconomic - Administrative Zone, so the province has more opportunities todevelop tourism and real estate for investors. – VNA
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