Vingroup aims to start US$9bil tourism project near mangrove forest


HANOI (AFP): Vietnam's biggest conglomerate Vingroup said Monday it is seeking permission to begin work next month on a $9 billion dollar real estate project in a southern coastal area home to a UNESCO-listed mangrove forest.

The project in Can Gio -- on the outskirts of Ho Chi Minh City -- attracted rare criticism when it was approved in 2020 from academics and environmental experts, who worried about its proximity to the area's biosphere reserve.

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Vietnam , Vingroup , Tourism , Project , Mongrove Forest

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