Hideo Sawada, Chairman of H.I.S, a leading travel conglomerate in Japan, has recently confirmed the group will take part in a hotel and resort project in Cam Ranh city, the central coastal province of Khanh Hoa.
A view of Cam Ranh Bay
in the central coastal province of Khanh Hoa. (Photo: Frank Hoang)
Cam Ranh, only an hour from Ho Chi Minh City by air, is blessed with beautiful
ports and beaches, Hideo told Japan’s Nikkei newspaper.
He said H.I.S will work with a Vietnamese group to develop a 1.8-billion-USD
resort complex with 5-6 hotels, one or two of which to be built by the Japanese
firm.
The main investor in Vietnam will build a large-scale theme park inside the
complex similar to Huis Ten Bosch Park in Nagasaki prefecture in Japan, he
noted, adding that the Huis Ten Bosch attracts about 3 million visitors and
generates 89.5 million USD in revenue every year.
In many developing countries, rising incomes result in more demand for major
entertainment centres. The project will be a success if there are at least 10
million people living in the neighbourhood, because local residents normally
account for 60 – 70 percent of visitors to such a park, he explained.-
Source: VNA
Hoa Binh province’s economy posted an impressive Gross Regional Domestic Product (GRDP) growth rate of 12.67% in the first quarter of 2025, representing a 12.76% year-on-year increase, the highest rate recorded since the beginning of the current tenure, according to the provincial Statistics Office. This robust growth reflects years of strategic groundwork and sets a strong foundation for the province’s annual growth target of over 10%.
With a focus on cash crop farming with science - technology application and brand building, Lac Thuy district is gradually increasing production value, improving people's life quality, and laying the foundation for sustainable socio-economic development.
In recent years, the economic development model "Hoa Binh Earthworm Farm” run by Mr. Bui Van Dang in Co Giua Hamlet, My Thanh Commune (Lac Son district) has not only brought stable economic value but it is also environmentally friendly, helping to protect and reduce pollution, contributing to the construction of a green and sustainable agriculture.
Dao Village’s honey – a product certified with a 3-star OCOP (One Commune One Product) rating by Thong Nhat Agricultural Cooperative in Dao Village (Hoa Binh City) – is highly regarded by consumers for its quality, richness, and variety in packaging. The distinctively sweet taste of Dao Village’s honey leaves a lasting impression on anyone who has tried it.
In alignment with Project No. 07-DA/TU, issued by the Hoa Binh provincial Party Committee on November 1, 2021, Lac Thuy district has actively promoted investment and supported the sustainable development of its industrial and handicraft sectors during the 2021–2025 period. Alongside this, the district has remained committed to preserving and revitalising traditional craft villages.
Located in the northern part of Lac Thuy district, with a temperate climate and fertile soil, Phu Thanh commune has great potential and advantages in growing tea. The long-standing experience, combined with strict adherence to organic farming practices in the tea gardens, ensures that the dried tea products from Phu Thanh and Lac Thuy as a whole are sold out immediately upon production, providing a stable and prosperous life for the local people.
