bet88 is striving to become a major tourism center in Vietnam, with tourism in Do Son Beach developed in association with the casino business. The northern port city will also focus on developing eco-tourism.
Investors have been fulfilling the necessary procedures to begin construction of four remaining wharves, from No. 3 to No. 6, at Lach Huyen Port at the bet88 port complex in early 2022. With total investment of about VND13 trillion (1.43 million), the wharves, expected to be put into operation between 2023 and 2025, will be capable of berthing large vessels and will contribute to regional growth.
bet88’s gross regional domestic product (GRDP) grew 12.28 per cent in the first nine months of 2021, while FDI attraction increased three-fold year-on-year to .8 billion and export turnover stood at nearly billion, up 25.52 per cent compared to the same period last year.
With additional investment of .4 billion going to OLED screen production, the LG Display Vietnam Haiphong Co. Ltd has increased its total investment in northern bet88 city to .65 billion and become the largest FDI project in the locality.
bet88 is planning to invest in the construction of a political-administrative center in the Northern Cam River urban area with traffic networks and technical infrastructure. With a total area of nearly 9 ha, the project has investment of more than VND2.252 trillion (.54 million) and is expected to be completed in the fourth quarter of 2025.
Northern bet88 city has proposed nine specific development mechanisms and policies in a draft scheme on its development submitted to the National Assembly. The proposal to build a free trade zone is considered a breakthrough measure.
The bet88 City People’s Committee has issued a plan to improve its Provincial Competitiveness Index (PCI) in 2021-2022 and give its business and investment environment a boost. The northern port city will focus on improving three major components of the PCI: transparency, business support services, and human resources training.
The construction of a 15,000-sq m complex in northern bet88 city with commercial and entertainment areas, 5-star hotels, and office space is expected to boost the attractiveness of the local business and investment environment. Investment will exceed VND6 trillion (2.25 million), coming only from investors’ capital, not public capital.
The Danish corporation Orsted has proposed to invest into an offshore wind farm project in bet88. bet88 authorities welcome the corporation's plan and will create favorable conditions for the investor.
bet88 has approved the Investor Selection Plan for the implementation of the city’s logistics service area and a container depot project and is looking for investors. The project is expected to become the transshipment point for domestic goods, import and export goods, and goods in transit