Seize investment opportunities as Mong Cai breaks out to become a new destination for Northern tourism

Mong Cai breaks through to become the largest tourist destination in Quang Ninh

In early July, Ms. Ha’s family in Dong Da district (Hanoi) was invited by friends to go to Tra Co beach (Quang Ninh). After just over 3 hours of traveling on the highway, her family arrived in Mong Cai. “I never thought that going to Mong Cai would be so enjoyable and fast, when just a few years ago, I traveled from Hanoi at 6am and only arrived in the afternoon,” Ms. Ha shared.

The road is convenient, saves time, ensures health, and is closely connected to other tourist areas such as Ha Long and Van Don within just 1 hour drive, so Mong Cai is one of the "hottest" destinations in the North since Vietnam opened tourism after the pandemic.

The first investment opportunity when hoping that Pha But Pha will become a new destination for northern tourism. Image 1 — Lighthouse on Vinh Thuc Island (Mong Cai) - a destination that young people compare to Santorini of the North.

On September 2nd last year, the number of visitors to Mong Cai increased by a record 600% compared to the same time every year, surpassing Ha Long to become the locality receiving the most visitors in the entire Quang Ninh province. It is estimated that in 2022, tourists to Mong Cai will reach nearly 1.1 million, an increase of 886% over the same period and an increase of 80% compared to the target assigned by the province.

Revenue from shopping, resort and dining spending by tourists in Mong Cai amounts to hundreds of billions of VND, which is the main driving force for local economic growth as well as contributing to the province's GRDP.

Ms. Pham Thi Oanh, Head of the Department of Culture and Information of Mong Cai City, said that in the first 6 months of this year, Mong Cai attracted 1,091,688 tourists, an increase of 170% over the same period. The total state budget revenue from tourism and services of Mong Cai reached more than 58 billion VND (an increase of 222% over the same period in 2022).

Notably, since January 2023, Mong Cai has welcomed a large number of Chinese tourists back. A tour guide from Shenzhou Tourism Company (China) said that in the coming months, this unit is expected to continue to bring many tourist groups to Vietnam to explore and experience because this is a favorite destination of many Chinese tourists.

With a huge number of visitors from China and domestic tourists, Mong Cai City is expected to reach the target of welcoming 1.5 million tourists this year, bringing in large revenue for the people and the state budget.

In addition, city authorities have also implemented many programs and policies to attract tourists to Mong Cai such as investing in self-driving tourist cars; sports-golf tourism products; border tourism products associated with the tour program of Mong Cai city (Vietnam) - Dongxing city and Fangcheng (China), Vietnamese-Chinese culinary exchange products, etc.

Favorable natural factors and the city's stimulus policies have helped Mong Cai become a "must-visit" tourist destination, promising to attract millions of visitors and shoppers through "revolutionary" transportation routes such as road (highways) - air (Van Don airport) - water (Ha Long seaport).

Abundant potential and room for breakthrough price increase of Mong Cai real estate

Secretary of Mong Cai City Party Committee Hoang Ba Nam affirmed that the opening of Van Don - Mong Cai Expressway and the opening of immigration will be one of the great driving forces for Mong Cai's breakthrough in the near future. The increasing number of tourists and trade will lead to the demand for accommodation, business services, shopping, bringing opportunities for real estate projects that combine both residence and business in Mong Cai.

The first investment opportunity when hoping that Pha But Pha will become a new destination for northern tourism picture 2 — Vinhomes Golden Avenue attracts investors with its characteristics of prosperous living - central coordinates - clear legal status.

Anticipating this potential growth trend, the Vinhomes Golden Avenue project with a scale of more than 110 hectares, located in the heart of Mong Cai city, is attracting the attention of many investors. The modern and classy urban area is located on the main trade axis of Bac Luan 2 border gate, the destination of Van Don - Mong Cai highway, only 5 minutes from the central area and only 10 minutes from Tra Co beach, promising to be a top accommodation for domestic and international tourists.

The first investment opportunity when hoping that Pha But Pha will become a new destination for northern tourism picture 3 — Vinhomes Golden Avenue is the first international trade gateway urban area located in Mong Cai with a model combining a bustling residential and business environment, designed in a trendy style, with a classy lifestyle.

Vinhomes Golden Avenue is a fusion of architecture - landscape and lifestyle in a trendy style with high-class amenities such as the 8,600m2 Royal Garden, Paradise Garden, outdoor swimming pool, a pair of parks with trees, lakes, gym equipment, children's play area, etc., promising to become a classy resort destination right in the heart of Mong Cai.

In addition to the resort quality, this place is also a bustling commercial center with well-planned shophouses and stores, diverse in all industries, meeting all the needs of the people. The "all-in-one" utility model, which is considered the formula for success of Vinhomes, will soon be present in Mong Cai, bringing tourists and people a convenient, modern living and business space with outstanding investment potential for the first time appearing in the "border city" that is on the rise.

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