1:44:15 PM | 5/3/2008
The San Yuan Lao Cai Co., Ltd under the Yunnan-based San Yuan Hekou Company February 21 received a license to build a US$4 million tourism complex in Vietnam's northern Lao Cai province.
Located in the province’s border economic area, the 6-hectares project will be home to restaurants, hotels, and entertainment centers.
The first phase of the project will be implemented in the 2008-2010 period and the second one will start in 2012.
The complex is expected to be the first and largest of its kind in Lao Cai city. It will be a destination for domestic and foreign tourists, said Pham Van Cuong, Vice Chairman of the provincial People’s Committee.
Last year, Lao Cai drew 632,000 visitors, including 223,000 foreigners, a year-on-year increase of 13 per cent.
The province expects to receive 800,000 visitors this year, up 30 per cent against 2006. (VNA)
April 24–25, 2026
Kinh Bac Cultural Center, Bac Ninh Province
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