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Finance & Taxes Vietnam

Investment in Vietnam’s central region remains half-baked

Vietnam’s central region has seen many investment projects remain incomplete as investors fail to finish the work they started.

In the ancient city of Hue in Thua Thien-Hue Province, a dozen projects involving residential areas and tourist and greenery parks are left only half-complete after several years of construction. Examples include the 199-ha urban area in An Dong Ward, the 32-ha urban area in An Tay Ward, the 84-ha Xuan Phu Urban Area and the 31-ha Dong Nam Thuy An.

Moreover, none of the 31 hotel and entertainment park projects licensed since 2003 along the Hoi An-Dien Ban coastline in Quang Nam Province has been finished.

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