US$1 billion tourism complex in Phu Yen started construction

The one-billion-USD tourism complex in Phu Yen province was kicked off on June 27.

The high-class tourism complex covers a total area of nearly 360 hectares in the coastal communes of An Chan and An My in Tuy An district, and An Phu in Tuy Hoa city, including a 5- and 6-star hotel complex, a 36-hole golf course, international yacht harbor and many leisure facilities.

A subproject named Sunrise Phu Yen will be built on Hon Chua Island, about 1km from the coast of An Chan commune. This tourist site is designed with dive hunting, fishing and sea entertainment services in addition to a heliport and luxury villas

The project’s investor, New City Vietnam and T-Way Air,  a budget airline based in Seoul, South Korea  also signed an agreement on launching direct route from Seoul to Tuy Hoa in the coming time.

By Minh Ngoc – Translated by Kim Khanh

Other news

Most view


VAMC buys nearly VND21 trillion deep debts

Vietnam Asset Management Company (VAMC) purchased VND20,995 billion (US$924 million) of deep debts from credit institutions during the first nine months this year with the price of VND20,619 billion.


APEC finance and bank deputies meet in Hoi An

Disaster risk financing and insurance was one of the important topics that finance officials and bank deputies of 21 APEC economies are discussing at a meeting that began in Hoi An City on Friday.

Self - introduction

Stock market

180m shares start trading on UPCoM this week

Nearly 180 million shares of four companies will start trading on the Unlisted Public Company Market (UPCoM) on the Hà Nội Stock Exchange on October 16-20.