Quang Ninh Province should actively call on investment in the tourism development associated with real estate as it is one of the few provinces in Vietnam with high tourism budget revenues, experts have said.
According to the experts, though the province has attracted many domestic and foreign businesses investing in large residential areas, urban areas, and service areas for residents and tourists for the past year, it now still lacks high-end real estate tourism products.
Nguyen Tran Nam, chairman of the Viet Nam Real Estate Association, said to implement the tourism strategy associated with real estate, the most important thing is policy.
The province should develop clear plans on construction and architectural space to avoid speculation, affecting the plans and clearance site for the projects, he said.
One more issue is infrastructure. The province needs more technical and social infrastructure to attract investment into the tourism sector and other fields, including the development of tourism property products.
Travel is usually associated with shopping, Nam said, but Quang Ninh does not have a plan to develop a commercial network and the development of stores has been sporadic. Therefore, the province should create more trading centers to stimulate shopping and meet the demand of visitors.
The province should also pay attention to the environment during the developing of tourism and associated products, Nam said.
Nguyen Manh Tuan, deputy director of Quang Ninh Department of Construction, said over the past years, Quang Ninh has implemented strategic plans on the development of regions and infrastructure, and set plans on construction in coastal zones. Those plans have focused on the advantages of Ha Long Bay, Cua Luc and Bai Tu Long for development.
Regarding the environment, a representative of Quang Ninh’s Department of Natural Resources and Environment, said the province has invested in an automatic monitoring system to monitor the environment in many areas, especially around cement plants, coal production plants and urban areas. It has also invested in developing environmental protection areas to attract tourists.
Dang Tat Thang, Deputy General Director of FLC Group, said Quang Ninh has a lot of potential. FLC, a large property development firm, began investing in the province in 2015. The group has received support from the state offices of Quang Ninh in developing its projects.
Therefore, in the future, the group plans to invest in Ngoc Vung Island in Van Don, to develop golf courses, resort complexes and casinos with total investment of US$2 billion, Thang said.
Truong Manh Hung, from the Investment Promotion Department of Quang Ninh, said the province has many preferential policies and improved the investment environment to attract more firms. Especially, in administrative reform, the province has cut the time for administrative procedures and reduced licensing time. Because of this, Quang Ninh was ranked second in terms of competitiveness at the provincial level.
Meanwhile, Nguyen Nhu Y, General Director of Real Estate Services JSC, said businesses need transparent information about the property market and the provincial authorities’ directions on property market development. The company has seen strong development in the property market of Van Don EZ.
Transparent information will contribute to creating sustainability in the property market, she said.
The number of visitors to Quang Ninh has increased annually by 20-25 per cent. The province expects to receive 9.8 million tourists, including 4.2 million foreign visitors, in 2017.
Nguyen Tran Nam, chairman of the Viet Nam Real Estate Association, said to implement the tourism strategy associated with real estate, the most important thing is policy.
Quang Ninh now still lacks luxury property tourism products to further attract visitors.
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One more issue is infrastructure. The province needs more technical and social infrastructure to attract investment into the tourism sector and other fields, including the development of tourism property products.
Travel is usually associated with shopping, Nam said, but Quang Ninh does not have a plan to develop a commercial network and the development of stores has been sporadic. Therefore, the province should create more trading centers to stimulate shopping and meet the demand of visitors.
The province should also pay attention to the environment during the developing of tourism and associated products, Nam said.
Nguyen Manh Tuan, deputy director of Quang Ninh Department of Construction, said over the past years, Quang Ninh has implemented strategic plans on the development of regions and infrastructure, and set plans on construction in coastal zones. Those plans have focused on the advantages of Ha Long Bay, Cua Luc and Bai Tu Long for development.
Regarding the environment, a representative of Quang Ninh’s Department of Natural Resources and Environment, said the province has invested in an automatic monitoring system to monitor the environment in many areas, especially around cement plants, coal production plants and urban areas. It has also invested in developing environmental protection areas to attract tourists.
Dang Tat Thang, Deputy General Director of FLC Group, said Quang Ninh has a lot of potential. FLC, a large property development firm, began investing in the province in 2015. The group has received support from the state offices of Quang Ninh in developing its projects.
Therefore, in the future, the group plans to invest in Ngoc Vung Island in Van Don, to develop golf courses, resort complexes and casinos with total investment of US$2 billion, Thang said.
Truong Manh Hung, from the Investment Promotion Department of Quang Ninh, said the province has many preferential policies and improved the investment environment to attract more firms. Especially, in administrative reform, the province has cut the time for administrative procedures and reduced licensing time. Because of this, Quang Ninh was ranked second in terms of competitiveness at the provincial level.
Meanwhile, Nguyen Nhu Y, General Director of Real Estate Services JSC, said businesses need transparent information about the property market and the provincial authorities’ directions on property market development. The company has seen strong development in the property market of Van Don EZ.
Transparent information will contribute to creating sustainability in the property market, she said.
The number of visitors to Quang Ninh has increased annually by 20-25 per cent. The province expects to receive 9.8 million tourists, including 4.2 million foreign visitors, in 2017.
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