When the expectations for becoming a special economic zone faded and the tourism real estate market shifted into a defensive mode, Van Don faced the risk of becoming an unfinished destination. Yet, Everland Group’s steadfast implementation of the Crystal Holidays Harbour Van Don project was not only a counter-cyclical investment decision but a strategic step in building destination capacity to place Van Don on the international tourism map.
MSCI has just announced the results of its semi-annual index review for August 2025, with several notable changes, particularly in the Frontier Market segment. In the MSCI Frontier Market Index, nine new stocks were added, including two from Vietnam: FPT Corporation (FPT) and Ho Chi Minh City Securities Corporation (HCM).
Unlike the frontline island of Co To, which faces various challenges, Van Don Special Zone (Quang Ninh Province) enjoys a multitude of favorable conditions for economic growth, especially in tourism and services.
Quang Ninh is entering a new era of robust development, leveraging significant reforms. The province's tourism sector stands at a "golden opportunity" to accelerate growth, capitalize on all advantages, and assert a new position on the regional and global tourism map. Authorities, businesses, and residents are united in their determination to achieve greater goals through concrete action plans.
On March 5, 2025, the People's Committee of Quang Ninh Province convened a meeting to review the implementation of sightseeing and tourism routes on Ha Long Bay and Bai Tu Long Bay. The meeting was chaired by Ms. Nguyen Thi Hanh, Vice Chairwoman of the Quang Ninh Provincial People's Committee.
On February 19, 2025, the Standing Committee of the Quang Ninh Provincial Party Committee submitted a proposal to the Politburo, seeking permission for Quang Ninh Province to lead and coordinate with several central ministries and agencies to develop and finalize the "Project on Building a Pilot Mechanism and Policy Framework for the Development of Van Don Economic Zone, Quang Ninh Province," encompassing eight groups of mechanisms and policies.