In a significant commitment to enhance tourism infrastructure in Vietnam, Hoi An South Development Ltd recently announced a pledge of $1 billion to expand the Hoiana Resort & Golf in Quang Nam Province. This monumental investment, disclosed during a meeting on October 17 with provincial lawmakers, is aimed at solidifying the region’s reputation as a top-tier tourist destination in Southeast Asia.

The Vision for Hoiana Resort & Golf

Established in 2020, Hoiana Resort & Golf is an integrated resort that has quickly earned the title of "Asia’s leading fully integrated resort." The project, which broke ground in 2016, marked its first phase with the opening of four five-star hotels, a casino, fine dining restaurants, and a links-style golf course designed by Robert Trent Jones Jr. The commitment of VND25.4 trillion (approximately $1 billion) will bolster the resort’s offerings, ensuring its continued growth and appeal to both local and international tourists.

Steven Wolstenholme, president and CEO of Hoi An South Development Ltd, emphasized the importance of this investment during recent discussions with other foreign-invested enterprises (FIEs). By enhancing Hoiana’s facilities and features, the company aims to attract even more visitors to the already stunning and culturally rich Quang Nam Province.

A Cultural Gem in Quang Nam Province

Quang Nam Province is a treasure trove of natural beauty and cultural heritage. Located just 30 kilometers south of Da Nang, the region is home to two UNESCO World Heritage sites: the ancient town of Hoi An and the My Son Sanctuary. Renowned for its picturesque streets, vibrant markets, and rich history, Hoi An was hailed by Travel+Leisure magazine as “the best city in the world” in 2019, only to rank fourth on the list of most-loved cities in 2024.

As an integral part of Quang Nam’s cultural landscape, the Hoiana Resort & Golf project complements the unique experiences offered by the ancient city, making it an ideal destination for travelers seeking both relaxation and immersion in rich local traditions.

Resilience Through Challenges

The journey of Hoiana Resort & Golf has not been without challenges, particularly in the face of the COVID-19 pandemic. The resort’s operations were significantly affected during the outbreak, and the company was forced to lay off two-thirds of its workforce in 2020. Remarkably, Hoiana managed to remain open throughout the pandemic and marked its grand opening in 2021, showcasing resilience in the face of adversity.

Through its strategic planning and operational adjustments, Hoiana welcomed more than half a million visitors within the first couple of years, with 80% of those being foreign tourists. Such success is a testament to the rich array of experiences and amenities offered, as well as the dedicated management team behind the scenes.

Economic Impact and Future Prospects

The investment in Hoiana Resort & Golf is not merely a financial endeavor; it has significant implications for the local economy. Wolstenholme noted that the resort has already contributed approximately VND101.6 trillion to the Vietnamese economy, with revenues adding roughly VND1 trillion to local government coffers in 2022-23, and an impressive VND396 billion in the first half of 2024 alone. This revenue represents a substantial 55% of total collections from foreign-invested enterprises in Quang Nam Province.

Looking ahead, the potential for increased tourism is bolstered by the proposed “Six Countries, One Destination” initiative, which aims to facilitate easier movement for travelers across Thailand, Cambodia, Laos, Malaysia, Myanmar, and Vietnam. This initiative, if implemented, would significantly enhance regional tourism, making it even more accessible for both domestic and international visitors.

Conclusion

The pledge made by Hoi An South Development Ltd to inject $1 billion into the Hoiana Resort & Golf is a pivotal moment for Quang Nam Province and its tourism future. As it continues to develop, Hoiana is poised to not only elevate the local economy but also establish Quang Nam as a truly premier tourist destination. With its rich cultural heritage, natural beauty, and now, enhanced resort facilities, the province is well on its way to attracting visitors from around the globe, paving the way for a brighter and more prosperous future in tourism.

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As the sun rises over Vietnam in November 2023, the excitement builds in the vibrant city of Ho Chi Minh. The Asia Poker Tour (APT) is set to host one of its most anticipated events of the year, drawing in poker enthusiasts and professional players from all corners of the globe. This article explores the thrilling events lined up in this week-long poker spectacle, offering insightful highlights and essential details for both players and spectators.

APT Vietnam: Overview

The APT Vietnam is renowned for its vibrant atmosphere, competitive spirit, and a carefully curated schedule that offers various poker formats to cater to all types of players. From local talents to international stars, the tournament offers an opportunity for everyone to showcase their skills at the felt. Set against the backdrop of Ho Chi Minh City’s bustling life, this tournament is more than just a series of games; it’s a celebration of poker culture.

The Tournament Schedule: A Day-by-Day Breakdown

Friday, November 8: Kicking Off with a Bang

The event unfolds with a dynamic lineup on the first day featuring several flights of the Vietnam National Cup. The day begins at 11 a.m. with Flight A of the Vietnam National Cup, boasting a buy-in of VND 9,000,000 (approximately $363). Players can also participate in a diverse array of events, including the High Roller Freezeout later that day, offering a hefty prize pool reflective of its VND 50,000,000 entry fee (about $2,015).

By the end of the day, players can engage in exciting high-stakes games, such as the Hyper Turbo High Roller, adding a thrilling end to the action.

Saturday, November 9: Expanding Horizons

Day two continues the excitement with the Vietnam National Cup Flight D and a remarkable Super High Roller that kicks off at 11:15 a.m. for a buy-in of VND 120,000,000 ($4,835). Players looking for a fast-paced game will have plenty of options, including Turbo and Hyper Turbo formats, which keep the stakes high and the gameplay brisk.

This day is perfect for strategists looking to analyze opponents while making quick decisions.

Sunday, November 10: Final Days

As the tournament progresses to the weekend, Sunday’s events ramp up with anticipated finales. The Sunday Super Stack invites players at 11 a.m. with a buy-in of VND 12,000,000 ($483), offering a chance for a substantial payout.

Crucially, it also marks the Final Day for several major tournaments, including the Vietnam National Cup and the APT Super High Roller. The atmosphere will be electric as the last cards are dealt and champions crowned.

Monday to Thursday, November 11-14: The Main Event

The highlight of the APT Vietnam is undoubtedly the APT Main Event, kicking off on Monday. The event is structured over multiple flights, allowing players to strategize their path to victory with various buy-ins and formats, including freezeouts and re-entries.

Additionally, players will encounter diverse tournament types throughout the week, including a Women’s Event and different forms of Omaha. The focus on varied game types ensures a broad appeal, attracting various poker fans and players.

The Last-Chance Tournaments: Friday and Saturday, November 15-16

As the tournament wraps up, players will have the opportunity for last-minute competitions with lower buy-ins, like the Micro Main Event and the Last Chance High Roller. These events provide an excellent chance for players to get in on the action, even as the main event concludes.

Conclusion: More Than Just Poker

The APT Vietnam is not merely a string of poker games; it embodies a culture that celebrates competition, strategy, and camaraderie among poker lovers. While fierce battles unfold on the tables, the backdrop of Ho Chi Minh City offers a rich tapestry of Vietnamese culture, making it a perfect destination for players and fans alike.

With a wealth of events structured for every player skill level, the APT Vietnam 2023 promises excitement and engagement. As participants prepare to shuffle chips and strategize over the felt, spectators and poker enthusiasts can expect a captivating show that highlights the essence of poker worldwide.

Whether you are a seasoned pro aiming for the championship or a novice eager to get your feet wet, the APT Vietnam is the place to be this November. Get ready to experience the thrill, strategy, and joy of poker in one of Asia’s most vibrant cities!

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