Topic: destination

Mr. Bruno Jaspaert, Chairman of the European Chamber of Commerce in Vietnam (EuroCham), tells VET’s Ngoc Lan about Vietnam’s potential as a destination for sustainable European investments.

Mr. Hiroshi Funaki, Chairman of Vietnam Holding Limited, said that despite the gloomy prospects for the global economy, Vietnam is considered an attractive investment destination with positive growth prospects. Several banks have recently raised their 2022 growth forecasts to nearly 7 per cent. Inflation, meanwhile, is predicted to reach 3.5-4.0 per cent for the year.

Billion-dollar projects on thousands of hectares have contributed to creating a new look for south-central Binh Thuan province and it becoming a leading tourist and entertainment destination. As of July, the province had 382 tourism projects, of which 188 had been put into operation on 6,300 ha with total capital of VND70 trillion ($2.9 billion).

Boasting many advantages in natural beauty that few places can compete with as well as outstanding tourism infrastructure with leading world resorts, Da Nang is considered a unique destination. According to observers, however, the central city’s tourism sector has not yet become an international brand. The city lacks a tourism ecosystem for high-end travel, so it must renew itself.