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
According to data from the Hoa Binh Provincial Party Committee, the industrial production index for the first six months of 2025 is estimated to have increased by 20% compared to the same period last year. This marks the highest year-on-year growth rate for this period since 2020.
In the first six months of 2025, Hoa Binh province’s export turnover was estimated at 1.145 billion USD, marking an 18.11% increase compared to the same period in 2024. Import turnover was estimated at $ 804 million, a 17.15% increase, which helped the province maintain a positive trade balance.
The lives of the ethnic minority farmers in Tan Lac district have gradually improved thanks to the new directions in agricultural production. This is a testament to the collective strength fostered through the professional associations and groups implemented by various levels of the district’s Farmers’ Union.
With the motto the "product quality comes first,” after nearly one year of establishment and operation, Muong village’s Clean Food Agricultural and Commercial Cooperative, located in Cau Hamlet, Hung Son Commune (Kim Boi district), has launched reputable, high-quality agricultural products to the market that are well-received by consumers. The products such as Muong village’s pork sausage, salt-cured chicken, and salt-cured pork hocks have gradually carved out a place in the market and they are on the path to obtaining the OCOP certification.
In the past, the phrase "bumper harvest, rock-bottom prices" was a familiar refrain for Vietnamese farmers engaged in fragmented, small-scale agriculture. But today, a new spirit is emerging across rural areas of Hoa Binh province - one of collaboration, organisation, and collective economic models that provide a stable foundation for production.
Maintaining growing area codes and packing facility codes in accordance with regulations is a mandatory requirement for agricultural products to be eligible for export. Recently, the Department of Agriculture and Environment of Hoa Binh province has intensified technical supervision of designated farming areas and packing facilities to safeguard the "green passport" that enables its products to access international markets.