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Zelnom
They're gonna build a Disneyland right?
supernovasp
lol.. they have uhm saigon waterpark? embarassedlaugh.gif
YouStink
Disneyland-style themepark, not Disneyland. However, Disneyland will participate in the project, along with other themepark operators.

QUOTE
Sleepy paradise opens its eyes
Developers are flocking to Binh Thuan province with plans to develop tourist resorts, turning the area into a popular seaside destination, eager to market the area for its picturesque beaches and not just its famed fish sauce.

When Daniel Arnaud first set foot in the sleepy seaside town of Phan Thiet over a decade ago, little did he know he was laying down the foundations to develop the area into a coastal resort.
After deciding to leave his position with the chain of Hilton Hotels and venture out on his own, French-born Arnaud essentially kick started a resort construction boom in the coastal town.
Upon arriving in Phan Thiet, the small town was still a sleepy untouched paradise in comparison to more popular destinations like Phuket and Bali.
While these famous counterparts were internationally known and attract a large volume of visitors each year, Phan Thiet was still struggling to gain recognition as a beachside holiday destination.
Arnaud himself is even guilty of failing to recognise the natural beauty of Phan Thiet, actually passing the town on his way to Nha Trang and neglecting to even notice the place.
While searching the area a few months later for a location, Arnaud eventually chanced upon Mui Ne Bay and fell in love with the place instantly.
“It was a real holiday postcard,” exclaimed Arnaud.
Mui Ne reminded Arnaud of the western coast of Kho Samui in Thailand, offering vast stretches of white sand, clear blue skies and a plentiful supply of coconut trees.
Situated just a short distance from Ho Chi Minh City and its international airport, the area boasts an ideal location that would make it easy to tap into the Asian resort market.
“I was looking for that type of place and I just happened to find it,” said Arnaud.
Arnaud eventually opened CocoBeach in 1995 during a critical time in the nation’s economic development and also become the first resort in Phan Thiet.
A the time Vietnam was poised to develop into Asia’s latest tiger economy after the lifting of the US embargo, resulting in many foreign investors crowding for the chance to grab a slice of the pie.
Just like most projects trying to find their feet, CocoBeach had its own share of ups and downs during the initial development phase.
Although Arnaud was confident about the eventual success of the development, he did plan for a couple of tough years during the initial stages, especially since the area was known as the fish sauce making capital.
Another problem faced by Arnaud was the lack of infrastructure to accommodate the development of tourism, especially since the road from Phan Thiet to Mui Ne was merely a narrow stretch of sandy bitumen, and there was no electricity supply or telephone lines
“We actually thought it would take between three to five years before we could actually welcome foreign tourists,” he said.
However, to Arnaud’s surprise, three months after CocoBeach was opened, tourists flocked to Phan Thiet to see a once-in-a-lifetime total solar eclipse.
Ever since this surprising turn of events, the once hidden oasis that was Phan Thiet soon flourished into a highly desired tourist destination.
Some additional small hiccups were encountered on the way, with the Asian economic crisis of 1997 slowing down development, however, Phan Thiet’s tourism once again took off a year later.
Once considered an untouched backwater, Binh Thuan is emerging as a resort hub with new developments opening every month, not only in Phan Thiet, but also in other regions.
“Competition is getting tougher and tougher due to the opening of new resorts,” said Tran Ngoc, general manager of Saigon Mui Ne, a 75-room resort next to CocoBeach.
Saigon Mui Ne opened six years ago in Binh Thuan as the area’s fifth resort, and developers are still coming, with numerous large-scale resorts and tourism projects planned for the future.
“We have already completed 78 tourism projects, and most of them are resorts,” said Nguyen Van Thu, vice chairman of Binh Thuan Provincial People’s Committee, which recently held the Green Convergence Festival to promote local tourism.
Thu said the province has lured 337 projects with registered capital of $600 million so far, yet this just seems to be the start of something bigger as the real growth is still to come.
While Binh Thuan has yet to transcend the status of its counterparts, resorts are continuously springing up alongside the fishing villages, sand dunes and unspoiled beaches, helping the province achieve its target of building 200 to 250 resorts by 2010, more than double the current number.
Despite Nha Trang, Hoi An, Danang and Phu Quoc still holding the potential to house resorts in ideal year-round conditions, more new projects are finding their way to Phan Thiet.
Once such example is a new French-Vietnamese joint venture planning to open the Princess Annam Resort with 58 luxury villas by mid this year, joining the recently completed Pandanus, Rock Garden Spa and Sea Horse.
American company South Fork Development is also hoping to promote Phan Thiet as Vietnam’s Hawaii, planning to build a Disneyland-styled complex with five luxury resorts and two golf courses on 600 hectares at an estimated $1 billion.
South Fork management said Phan Thiet is considered the prime area for resort development in Vietnam, and is rapidly becoming a vital tourist and commercial destination for people around the world.
Vietnam last year attracted 3.4 million foreign visitors, and the number is expected to double within the next five years, and resort developers are hoping numbers will also increase in Phan Thiet.
Foreign tourist figures in Binh Thuan have steadily grown to reach 150,000 in 2005, and rooms have grown in line with demand.
The province now has 3,000 hotel rooms and this figure will grow significantly in the near future since a handful of new resorts are under construction.
Tourism in Binh Thuan posted an annual growth of 30 per cent, earning revenue of $30 million last year. However, Vietnamese tourists remain the main feeder market for the expanding number of resorts in the province.
As living standards improved on the back of a national economy growing at an average 7.5 per cent over the last five years, hordes of tourists are willing to drive for five hours from Ho Chi Minh City to Binh Thuan for a weekend holiday.
The province attracted over 1.6 million Vietnamese tourists last year, becoming the hottest tourist destination in central Vietnam and outperforming rivals Quang Nam province, Hoi An and My Son.
“I had no idea that the overall development of roads, telephone lines, hotels, and resorts would happen so fast, and that Phan Thiet-Mui Ne would so smoothly gain international recognition as a famed tourist destination,” said Arnaud.
Nothing would have been possible if not for the willingness of provincial authorities to give Phan Thiet a chance to develop its tourism potential.
Vice chairman Thu said the province would focus on the construction of infrastructure for Phan Thiet town, investing in a transport system, electricity and a water supply as well as protecting the environment.
Thu said Binh Thuan was determined to improve its foreign arrival numbers as international visitors only account for 10 per cent of total tourist volume in the province.
“We plan to enhance the quality of services, accommodation, tour programs and entertainment facilities in order to increase the number of foreign arrivals,” said Thu.
Arnaud agreed with Thu’s sentiments, adding that the main goal for CocoBeach resort within the next two to three years was to upgrade and refurbish all rooms and position itself as the leading international boutique in the region.
The only other plans in the pipeline are Arnaud’s intentions to convince the local partner Binh Thuan Tourist Company to sell their half of the investment, making CocoBeach a 100 per cent foreign owned venture.
Arnaud also expressed his desire to stay in Binh Thuan to experience and enjoy the forthcoming tourism boom, and watch the once sleepy oasis continue its growth as a holiday destination.


by VIR


and a $200 million Safari zoo
QUOTE
Ba Ria-Vung Tau plans 25 projects

VNECONOMY updated: 06/01/2006

The southern province of Ba Ria-Vung Tau plans to license 25 new projects with a total investment capital of 813 million USD in 2006.
Fifteen projects worth 152 million USD will focus on the heavy industry sectors including steel-making and tile production. Other projects will be Saigon Atlantic, Safari Zoo and an ecotourist resort in the Chi Linh-Cua Lap area.
The province has attracted 177 foreign-direct investment (FDI) projects to date, with total registered capital of 3.2 billion USD. About 95 projects have already been put into operation.
Seventeen new projects, 13 of which are foreign-invested, with a total capital of 745 million USD, were licensed in 2005 alone, helping Ba Ria-Vung Tau top the list of provinces receiving foreign investment, said Ho Van Nien, deputy chairman of the provincial People's Committee.
The province has also become a popular destination for domestic and foreign investment in other sectors, including petrochemicals, electricity, iron and steel, mechanics, garment production, seafood processing and tourism.
Investors with experience in large-scale projects and strong financial resources are now being encouraged to be involved in major oil and gas exploitation projects.
In eight industrial zones in the province, investors benefit from preferential land-lease rates in the industrial areas range from 1.4 USD-1.5 USD per square metre.
Tran Minh Sanh, Chairman of the provincial People's Committee, said that infrastructure like Cai Mep-Thi Vai port, Long Thanh international Airport and railway and highway systems, once receive investment, will create more favourable conditions for investors.
The province aims to attract an additional 80 FDI projects with total capital of 2 billion USD over the next five years.
StemzNSeeDz
Hahaha, that's funny, how tall do you have to be to get on the rides, I'm assuming half the visitors will not be able to go on being so short and all.
ham_let
QUOTE (StemzNSeeDz @ Jan 13 2006, 07:54 PM)
Hahaha, that's funny, how tall do you have to be to get on the rides, I'm assuming half the visitors will not be able to go on being so short and all.
*

another short joke? where's the originality in that? icon_confused.gif
YouStink
Are Khmers supposed to be tall and strong or something? The Khmers I know are just as small as Viets, and some even tinier.

For your information, Vietnam is currently ramming up production of milk for the general population's consumption. Don't laugh because very soon the joke will be on you. Talktohand.gif
Byron
QUOTE (YouStink @ Jan 13 2006, 07:12 PM)
Are Khmers supposed to be tall and strong or something? The Khmers I know are just as small as Viets, and some even tinier.
*


Look at the medal count at the latest seagames.

QUOTE
PHILIPPINES  113  84  94  291
THAILAND      87  78  118  283
VIETNAM      71  68  89  228
MALAYSIA  61  50  64  175
INDONESIA  49  79  89  217
SINGAPORE  42  32  55  129
MYANMAR  17  34  48  99
LAOS  3  4  12  19
BRUNEI  1  2  2  5
CAMBODIA  0  3  9  12
TIMOR LESTE  0  0  3  3
TOTAL  444  434  583  1461


Wow I'm surprised Laos and Brunei ranked pretty good. Poor East Timor, well they are a very new nation so give them a few years.
StemzNSeeDz
OMG, stop it, why do you always have to flame khmers? I am tired of this.
Byron
Where did I talk about Khmers? I was talking about Laos,Brunei and East Timor.
StemzNSeeDz
nice edit, slow to think nguyen.
Byron
Ummmm ok
Happy Asian
QUOTE (StemzNSeeDz @ Jan 14 2006, 10:16 AM)
OMG, stop it, why do you always have to flame khmers? I am tired of this.
*

And the why the fu-k do you people keep on flaming us? fu-king hypocrite!!
Zelnom
Who's gonna be Mickey Mouse at your Disneyland theme park? Will he be the special in the resturant as well?
dmant
QUOTE (Happy Asian @ Jan 13 2006, 09:52 PM)
And the why the fu-k do you people keep on flaming us? fu-king hypocrite!!
*

Just ignore him, hes just a moron with a split personality. One day he'll try to act all peaceful and friendly and the next, he'll be trolling around in the viet section like the d!ck he is.
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