Break news

Tickets for Backstreet Boys concert set to go on sale - Viet Nam to host inaugural international choir competition - Tour operator plans underwater weddings in Nha Trang - Pirated DVD copies of ‘Bi, Don't Be Afraid' flood local shops

VinaCapital sees strong property demand from Vietnam middle class

In an update, the group said that during the last six months a total of 481 sales contracts and reservations were recorded at projects in Danang, Nha Trang and HCM City, representing total contracts and reservations worth over $58 million.

Resort projects out of control

Five years ago, there were only a few resorts, such as the Mui Ne Domaine, the Nam Hai in central Binh Thuan Province, or the Indochina Riverside Tower in central city of Da Nang, as well as some others in the beach cities of Nha Trang and Vung Tau. These projects were all foreign-invested. Starting in 2009, however, domestic companies started getting into the act.

Local authorities oppose National Geographic rating of Nha Trang beach

The press briefing, which was held by the provincial People’s Committee, centered on a fact that Vietnam’s Nha Trang and Mui Ne have been “bottom rated” in a selection held by the US-based magazine.  Nha Trang offcials said it is irrational when the magazine coupled Nha Trang with Mui Ne. The two beaches have different characteristics, so the selection shouldn’t have been made based on common features.

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