vipc capital management the intensive investment in tourism projects to viet nam
TRANSCRIPT
VIPC Capital Management - The intensive investment in Tourism Projects to Viet Nam
The supports of Vietnamese government create more opportunities for domestic and international
investors. Therefore, tourism projects attract more than 50% of total FDI flow to Vietnam in the first 2
quarters of 2010.
The development of real estate is increasing in the last 2 years. Real-estate is rated as the second choice
of investment for the flow of FDI to Vietnam. There are total 300 tourism real-estate projects with total
capital up to 33.9 billion US dollars account for 16.3% total FDI registered in Vietnam. Tourism real-
estate projects especially are taking most interest from foreign investors. In the year of 2008, which has
been considered as an important bench mark for tourism real-estate in Vietnam, there were such
important tourism projects as:
Complex tourism entertainment Ho Tram by Asiana Coast Development Corporation (Canada) in
Vung Tau with total investment of 4.23 billion US dollar.
5 star hotels, Entertainment Park, and restaurant in VungTau by Good Choices Corporation
(USA) with total investment 1.3 billion US dollar.
Bai Dai Tourism Park by Starby Holding Ltd in Phu Quoc with total investment of 1.648 billion US
dollar.
The trend of FDI for tourism is even stronger in 2010. According to Vietnam National Tourism
Department, total FDI flows to Vietnam this year could be up to 10 billion US dollar that accounted for
50% total FDI flows to Vietnam in this year. Moreover, 2010 has also been called “Vietnam Tourism
National Year” with many special events. Furthermore, thanks to the financial supports from
government and Vietnamese organizations, the country is heading toward completing basic
construction in tourist destinations, especially famous destinations.
The event of “1000 years Thang Long“ this year is expected to attract not only a huge amount of foreign
visitors for sightseeing but also the ones who are interested in owing high class real estate. This is a
chance for Vietnam to promote the country’s image internationally and provide opportunities for
investors to invest in tourism real estate.
There are a lot of potential projects and government supports for tourism real-estate in 2010. The
investors, therefore, should be considered seriously for these opportunities. They should consult on real
estate firm for more information about potential projects. The advantages of this are that investors
could gain knowledge from the specialized of those companies and be more comfortable as they put
their money in the right place.
Capturing this opportunities, VIPC Capital Management Corporation wants customer‘s investment on
real-estate to be effective and efficient by providing services and consultation on any real-estate project
that customers may be interest in.
July 2010
Khoi, Vo
