HCMC PROPOSES 36-HOLE GOLF COURSE IN CAN GIO

[01-12-2016] The government of HCMC has asked the Ministry of Planning and Investment to seek Prime Minister’s approval for a 36-hole golf course covering over 135 hectares in the city’s outlying coastal district of Can Gio. In a written petition sent to the ministry, the city proposed adding the golf course project in Long Hoa Commune and Can Thanh Town to the country’s golf course development plan until 2020.

According to the proposal, Can Gio Tourism Urban Area Joint Stock Company (CTC), a unit of Vietnamese real estate giant Vingroup, would develop the project at a total cost of around VND900 billion (US$39.7 million), excluding site clearance cost and loan interest.

The site where the golf course would go up would be reclaimed land in Long Hoa Commune, so the project would not encroach on agricultural land, protected forests and areas planned for industrial park development and special use, according to the city.

The municipal government is pinning high hopes that the project would give an impetus to the development of the poor district of Can Gio.

The golf course is expected to help fuel the city’s gross domestic product (GDP) growth, restructure the local economy, and create 300-400 jobs for locals. It would become a destination for domestic and international tourists.

CTC has pledged to comply with the current regulations in the process of implementing the project, and employ local residents, especially those affected by the project.

In addition, they would use advanced technical solutions to treat wastewater and take care of grass in a way that protects the environment.

The company would complete work on the project in two years after it receives land from the city.

The city came up with a major plan to develop a new urban area on reclaimed land around 15 years ago but the plan faced long delays. In mid-2015, the city took on Vingroup as a strategic partner and then permitted CTC to do a scale-1/200 zoning plan for the new urban area which would cover 1,080 hectares, up from the original 600 hectares.

The additional space would house a golf course, a movie production studio and a helipad.

Can Gio has over 70,000 hectares of mangrove forest, water coconut trees and canals. It is regarded as the green lung of HCMC, with half of its area recognized in 2000 by UNESCO as a biosphere reserve.

Source: The Saigon Times

Related News

MEMBER CORNER / PROMOTIONS

SENTRYSAFE CHW20201 - EFFECTIVE WATER RESISTANCE, MAXIMUM PROTECTION

In unexpected flooding situations, the most important thing is to keep your valuables dry and intact. SentrySafe CHW20201 is specially designed with superior water-resistant capabilities, helping protect documents, cash, and important belongings even when fully submerged. Proven in real testing: After water submersion, the documents inside remain dry - undamaged.

Sep 21, 2026

MEMBER CORNER / PROMOTIONS

AN ELECTRIFYING NIGHT WITH THE "QUEEN OF DANCE" THU MINH AT THE GRAND HO TRAM!

The stage at The Grand Ballroom is set to catch fire as Vietnam’s undisputed "Queen of Dance," Thu Minh, takes the spotlight. Renowned for her powerhouse vocals, magnetic stage presence, and sultry, high-energy performances, Thu Minh promises an evening of pure musical euphoria. The energy escalates with an exclusive appearance by special guest and The Voice champion, Vu Thao My.

Sep 17, 2026

HR / LABOUR/ EMPLOYMENT

HIGH-QUALITY HUMAN RESOURCES NEEDED TO ATTRACT NEW TECH INVESTMENT CAPITAL

Besides infrastructure, Việt Nam must also rapidly develop a highly skilled workforce to attract investment in AI, semiconductors and advanced manufacturing, experts have said. Don Lam, CEO and co-founder of investment management company VinaCapital, said that global technology investors were increasingly looking at the readiness of the entire ecosystem, with high-quality human resources a decisive factor.

Sep 16, 2026

HR / LABOUR/ EMPLOYMENT

HIRING OUTLOOK STRENGTHENS IN Q4 AS SKILLS SHORTAGES PERSIST

Hiring intentions among employers in Việt Nam strengthened in the fourth quarter, with 52 per cent of surveyed companies planning to increase headcount between October and December, according to a ManpowerGroup survey released this week. Việt Nam's hiring outlook was stronger than the Asia Pacific and Middle East (APME) regional average of 33 per cent and the global average of 29 per cent, ranking third in the region and 11th globally among 42 markets surveyed.

Sep 16, 2026

BANKING / FINANCE / INSURANCE / TAX

LARGE BANKS FORECAST TO GAIN HIGHER PROFITABILITY IN H2 2026

The return on average assets (ROAA) of the banking sector will likely remain stable at around 1.5 per cent in the second half of 2026, but profitability divergence among banks will increase, with large banks outperforming peers on stronger margins and diversified earnings, analysts forecast. In a recent report on the banking sector, analysts from the Vietnam Investors Service Rating said the sector’s ROAA rose by 10 basis points quarter-on-quarter to 1.51 per cent in the first half of this year, driven by net interest margin (NIM) improvements at some State-owned banks and large private banks.

Sep 16, 2026

GARMENT / TEXTILE

VIỆT NAM'S FOOTWEAR, BAG EXPORTS TO US TOP $8 BILLION IN EIGHT MONTHS

Việt Nam's exports of footwear and handbags to the US exceeded US$8 billion in the first eight months of 2026, as the US and EU remained the country's biggest markets despite sluggish growth in footwear shipments. Exports from Việt Nam's leather and footwear sector reached more than $2.45 billion in August, down 9 per cent from July but up 3 per cent from a year earlier, according to preliminary statistics.

Sep 16, 2026