The tourism sector of Viet Nam attracted over 1.7 billion USD in foreign direct investment (FDI) from 41 different projects in 2007, according to the Viet Nam National Administration of Tourism.

A five-star resort will be built at a cost of 40 million USD in Van Tri commune, Dong Anh, an outskirt district of Ha Noi.

Southern Kien Giang province People’s Committee will lease 8,710 hectares of forest at Phu Quoc island for ecological tourism development.

Construction began on the Saigon Sunbay Sea Tourism Urban Project on December 13 in the Long Hoa Commune of Can Gio district, 50km south east of Ho Chi Minh City .