Nam Long Investment Corporation has recently announced the acquisition of a 70 per cent stake in Dong Nai Waterfront City Limited Company from Portsville Pte., Ltd., a subsidiary of Singapore’s Keppel Corporation. Dong Nai Waterfront City has been licensed to develop a township of the same name in Dong Nai province, and the VND2.3 trillion ($100 million) acquisition will see Nam Long develop a 170-hectare plot in the project. Waterfront City has easy to access inter-regional arterial roads and many public facilities A Nam Long spokesperson said the Dong Nai Waterfront City project has received the decision on land allocation, approval for its 1/500 planning, and the land use rights certificate for more than 170 hectares, and has paid the land use fees. The project is expected to be built in 2019-2025 at a cost of VND9.2 trillion ($400 million). When finished, the township will have more than 4,000 villas and 3,000 apartments, as well as a range of commercial facilities. … [Read more...] about Nam Long acquires 70 per cent stake at Waterfront City from Keppel
Long thanh golf course
13-year-old boy listed in World Amateur Golf Ranking
13-year-old golfer Dang Quang Anh (Photo: vnexpress.net) Hanoi (VNA) – 13-year-old golfer Dang Quang Anh has entered the list of the World Amateur Golf Ranking (WAGR), Ha Noi Moi newspaper reported. Anh got the ranking after becoming the youngest winner of the event for amateur male golfers at Vietnam MatchPlay Championship which, together with the VPG Tour MatchPlay Championship, was held at Long Thanh Golf Course in the southern province of Dong Nai in late December. A total of 32 amateur male golfers, 16 professional golfers, eight middle-aged golfers and eight female players competed in final rounds of the tournaments. Japanese Vietnamese Hanako Kawasaki claimed victory in the women’s category. Nguyen Duy Hai won the middle-aged golfers’ event of the Vietnam MatchPlay Championship. Tran Le Duy Nhat won the VPG Tour MatchPlay Championship’s professional event. WAGR, which comprises a women’s ranking (WWAGR) and a men’s ranking (MWAGR) for … [Read more...] about 13-year-old boy listed in World Amateur Golf Ranking
Golfers to compete at Long Thanh course in late December
Illustrative image (Photo: iStock) Hanoi (VNA) – The national antagonistic and professional golf championship will take place from December 27-30 at Long Thanh golf course in the southern province of Dong Nai, according to the Vietnam Golf Association (VGA). The association said at a press conference in Hanoi on December 24 that the tournament attracts the participation of more than 100 golfers from domestic and foreign golf clubs and associations. VGA Deputy General Secretary Pham Thanh Tri, who is also head of the organising board, said many young Vietnamese golfers studying and working abroad such as Truong Chi Quan, Hanako Kawasaki and Thao My are expected to show their talents in the annual tournament. The championship features men’s amateur and professional categories, along with events for mid-aged golfers, he said. Tri added that the association will organise a year-end golf tournament in support of the poor at Hanoi-based Long Bien golf course on December … [Read more...] about Golfers to compete at Long Thanh course in late December
HCMC seeks approval to build Can Gio golf course
HCMC seeks approval to build Can Gio golf courseThe Saigon Times Daily A golfer is seen at the golf course inside the Tan Son Nhat International Airport premises - PHOTO: THANH HOA HCMC – The HCMC government has proposed the Ministry of Planning and Investment seek the prime minister’s approval to add the 135-hectare Can Gio golf course project to the country’s golf course development plan until 2020, Nguoi Lao Dong newspaper reported, citing the HCMC People's Committee Office as saying on November 13. The projected golf course is part of the scale-1/5000 zoning plan for the Can Gio Beach tourism urban area, which would cover 2,870 hectares of land in Long Hoa Commune and Can Thanh Town, Can Gio District. The site where the golf course is expected to go up will be reclaimed land, so the project will not encroach on agricultural land, protected forests or areas designated for industrial park development and special use, according to the city. The 36-hole golf … [Read more...] about HCMC seeks approval to build Can Gio golf course
Manage golf course investment by conditions
Investment in golf courses will be managed by conditions drafted by the Ministry of Planning and Investment, instead of an overall planning. Manage golf course investment by conditions Prohibited activities After a long wait, the draft decree on conditions for investing and doing business in golf courses has been prepared by the Ministry of Planning and Investment (MPI) and has been released for public comments. A range of conditions for the golf course business have been revealed. Bui Tat Thang, head of the Development Strategy Institute under the MPI previously shared with VIR that the conditions on golf course business have been drafted in a "very strict manner, ensuring the proper and efficient use of land." Over the past four years, the Government has decided to add more golf course projects to the planninh, including the Kenh Ga - Van Tien golf course project (Ninh Binh province), FLC Quang Binh Golf Links (Quang Binh province), Ben En golf course (Thanh Hoa), Viet Yen … [Read more...] about Manage golf course investment by conditions
Dong Nai targets tourists from Japan, RoK, Germany, Australia
Cat Tien national park (Source: Internet) Dong Nai (VNA) – The southern province of Dong Nai plans to promote inbound tours targeting tourists from Japan, the Republic of Korea (RoK), Germany and Australia for 2018 – 2020. The province will focus on tours of cultural and cuisine heritages and resorts, honeymoons and cultural exchange for students, office workers, retirees and the elderly in Japan. In the RoK, it plans resort and golf tours and others introducing historical and cultural values, mostly for middle-aged and elderly people. Priority will be given to married couples with children and middle-aged tourists from Australia with homestay and natural landscape tours. Island and ecological tours are also expected to attract German, European and American visitors. Major domestic markets include Ho Chi Minh City, southwestern and southeastern provinces. Dong Nai is well-known for tourist attractions such as Cat Tien national park, Tri An lake, Mo … [Read more...] about Dong Nai targets tourists from Japan, RoK, Germany, Australia
Saigontourist golf tourney raises VND600 million for poor students
Saigontourist golf tourney raises VND600 million for poor studentsBy Dao Loan Chairman of Saigontourist Pham Huy Binh hands a symbolic check valued at VND600 million to Tran Thanh Long, chairman of the HCMC Sponsoring Association for Poor Patients - PHOTO: BAO HOANG HCMC - The Saigontourist Holding Company raised VND600 million (US$26,000) for underprivileged students in a golf tournament which took place in HCMC today, July 29. At a ceremony, the chairman of Saigontourist, Pham Huy Binh, handed over the money to Tran Thanh Long, chairman of the HCMC Sponsoring Association for Poor Patients, to fund 500 scholarships for underprivileged and disabled students in HCMC and three Mekong Delta provinces – Tra Vinh, Long An and Ben Tre. The Saigontourist Golf Tournament 2018 was held at the Thu Duc Golf Course with 150 golfers who are diplomats, businessmen and partners of Saigontourist attending. The tournament was sponsored by the International Tourist Club, the Vietnam … [Read more...] about Saigontourist golf tourney raises VND600 million for poor students
Bà Nà Hills Golf Club among VN’s top ten leading courses
765120359PM.jpg)
Opened in March 2016 on the outskirts of Đà Nẵng, the course blends rolling terrain with mountains, lakes, streams and vegetation. — Photo courtesy of Sungroup Viet Nam News ĐÀ NẴNG — Bà Nà Hills Golf Club has been ranked second out of the top 10 leading golf courses in Việt Nam by the 2018 Việt Nam Tourism Awards. “We are deeply honoured to receive this award and very happy to contribute a small part to the development of Việt Nam tourism,” Tim Haddon, general director of the club, said. The Việt Nam Tourism Awards are an annual event launched in 1999 to honour leading businesses that are improving tourism service quality, diversifying tourism products and contributing significantly to the development of the country. This is the first time Bà Nà Hills Golf Club has been honoured by the prestigious event. In 2017, Bà Nà Hills Golf Club was tabbed ‘World’s … [Read more...] about Bà Nà Hills Golf Club among VN’s top ten leading courses
85 travel enterprises receive annual tourism awards
Viet Nam News HÀ NỘI — Eighty-five leading travel enterprises were honoured at the Việt Nam Tourism Awards 2018 organised on Monday in Hà Nội by the Việt Nam National Administration of Tourism (VNAT) and Việt Nam Tourism Association (VITA). The awards have been held annually since 1999, contributing to enhancing the quality of tourism products and services, and creating a chance for travel enterprises to develop new products and brands, according to Nguyễn Văn Tuấn, chairman of the VNAT. “This is the highest award granted to travel agencies, domestic tour operators, inbound and outbound tour providers, hotels and hospitality services providers and carriers in the country,” he said. “It encourages travel businesses and helps to build tourism into a key economic sector.” Deputy Minister Vũ Đức Đam and Minister of Culture, Sports and Tourism Nguyễn Ngọc Thiện … [Read more...] about 85 travel enterprises receive annual tourism awards
Provinces get tough on delayed foreign projects
Provinces get tough on delayed foreign projectsBy Quoc Hung - The Saigon Times DailyHCMC – Provincial authorities are taking stronger measures against foreign-invested projects that have long been delayed or have been moving at a snail’s pace.The move is aimed at both boosting foreign direct investment disbursements and sorting out financially incapable investors, thus creating investment opportunities for others, including from within the country.The central province of Binh Dinh early this month revoked the license of Germany’s Promag Limited Company for a US$30-million property project.Nguyen Thanh Hai, director of the Binh Dinh Investment Promotion Center, told the Daily that this was a matter of procedure as Promag had virtually dissolved its Gruener Park Quy Nhon project earlier.Hai said the planned eight-hectare Gruener Park had already attracted four local and foreign companies to develop their projects there. The province plans to hold an auction to get new … [Read more...] about Provinces get tough on delayed foreign projects