The number of hotel and resort projects with local and international brands in Vietnam has witnessed impressive growth, increasing from 36 projects in 2010 to 120 as of the end of January this year, according to statistics released by Savills Hotels.

The Danang People's Court has brought complaints and denunciations of Empire Group and its Cocobay Danang to the attention of Danang Public Security Department.

Recapital Investments Pte., Ltd. officially sold its majority stake in Ninh Van Bay Travel Real Estate JSC and withdrew from the Board of Directors.

Recognized as a national landscape and controlled strictly under the Heritage Law, Nha Trang Bay in Khanh Hoa province, a famous tourism area, has been compromised by unsound proposals.

VietNamNet Bridge - While some economists say that Vietnam has too many hotels and resorts, others believe that Vietnam’s tourism infrastructure is still inadequate compared with the rest of the world.

The tourism property market has been hot this year with many new projects and increasing transaction volumes, insiders said.

VietNamNet Bridge - Investors believe that the great investment opportunities for the second half of the decade lie in the resort real estate market.

VietNamNet Bridge - The Khanh Hoa provincial authorities have shown their strong determination to develop Phuong Hoang beach (Phoenix) in Nha Trang City, ignoring protests from organizations.

 VietNamNet Bridge – Danang, often cited as having the most beautiful beach on the planet, witnessed a remarkable surge in the development of luxury resorts in recent years. Now, many of them are sitting idle.

 From a desolate coast with red sand dunes, Mui Ne has now become the green tourist centre of Phan Thiet City, Binh Thuan Province.