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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Tuesday, December 24, 2024

Ba Ria-Vung Tau to auction land at prime location

The Saigon Times

Must read

HCMC – The southern province of Ba Ria-Vung Tau has decided to auction nearly 14 hectares of land at a prime beachside location in Vung Tau City, which will be developed into a luxury resort and entertainment complex.

The site is Nghinh Phong Cape where visitors can see the East Sea on three sides, the huge statue of Jesus Christ on Tao Phung Mount and the snaking coastal road around Nui Nho Mountain.

The resort and entertainment complex would cost an estimated VND10.7 trillion. The winning bidder would have to make a one-time payment for a lease term of 50 years.

The project should feature tourist service, entertainment, 5-star hotel or commercial center.

In recent years, Ba Ria-Vung Tau has emerged as a major venue for resort real estate developers in southern Vietnam.

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