(Dan Tri) - Mong Cai promises to continue to develop strongly, opening up investment opportunities, in which Vinhomes Golden Avenue is a real estate project receiving much attention.
Driving force from the Northern economic corridor
Hanoi - Hai Phong - Quang Ninh is an important economic corridor in the North with outstanding economic development indicators.
By 2024, Hanoi's GRDP will reach 59 billion USD, ranking second in the country. Major indicators all grew strongly: total import-export turnover increased by 14.8%, reaching 19.1 billion USD, total development investment capital increased by 10.5%, FDI attraction increased by 30%, tourist attraction increased by 28%. 2024 is the second consecutive year that Hanoi achieved a growth rate of over 6%.
Hai Phong also recorded impressive indicators when GRDP in 2024 increased by 11%, marking the 10th consecutive year of double-digit growth, bringing the GRDP scale to 18.36 billion USD, ranking 5th in the country. Import and export of the port city increased by 9.5% last year. Total development investment capital increased by 9.4%, FDI attraction alone increased by 235% compared to the plan.
Quang Ninh has had 8 consecutive years of double-digit growth. GRDP reached 13.9 billion USD, ranking 7th in the country. Total import-export turnover increased by 17%, realized investment capital increased by 10%, tourist attraction increased by 23%, FDI attraction ranked 5th in the country.
According to Associate Professor Dr. Pham The Anh, Head of the Faculty of Economics - National Economics University, Hanoi - Hai Phong - Quang Ninh is the leading economic triangle in the country, has a great influence on localities in the region, and plays an important role in the development of the economy.
"With advantages in economic scale, large population, high-quality human resources, and modern infrastructure, the provinces and cities of the Northern Economic Triangle will continue to achieve high growth in the coming years," Associate Professor, Dr. Pham The Anh commented.
Resonating with the development of the Northern key economic corridor and the Chinese market, Mong Cai is growing strongly (Photo: Halongmedia).
Located at the end of the Northern key economic corridor, Mong Cai City plays a key role in connecting the economic triangle of Hanoi - Hai Phong - Quang Ninh with the Chinese market. Therefore, along with the development of both sides, Mong Cai has become a prominent trading point, continuously achieving outstanding results.
For example, in 2024, Mong Cai's GRDP will increase by 26%, reaching a scale of VND21,831 billion. Import-export turnover will set a record of 15.3 billion USD, up 20%. The number of tourists will also reach a record of 4 million, up 50% compared to the previous year.
"With the development of Vietnam-China cooperation, Mong Cai has great growth potential in the future, even double-digit growth. If there is strong investment and proper development orientation, the economic, urban and population scale of Mong Cai will be much larger," Associate Professor, Dr. Pham The Anh said.
Strong attraction of Mong Cai real estate
Looking more broadly at the Vietnam-China economic relationship, it can be seen that Mong Cai is an important link, an intersection in the development strategy between China, Vietnam and the ASEAN bloc. Mong Cai has long surpassed the role of a mere border gate to rise to the position of an economic development center of the Northeast region.
That development creates a strong attraction for Mong Cai in many fields, especially real estate. Many investors interested in the Mong Cai market are looking for products with prime locations, business potential and prospects for increasing value.
Located at the intersection of the route leading to Bac Luan 1, 2, 3 border gates and the starting point of Hanoi - Mong Cai highway, Vinhomes Golden Avenue is a project attracting the attention of investors.
Possessing a series of outstanding advantages, Vinhomes Golden Avenue is the top destination in Mong Cai (Photo: Vinhomes).
The prime location helps the project welcome customers from both domestic and foreign markets, especially when the infrastructure surrounding the project is synchronous, modern, and constantly being expanded.
Quang Ninh is promoting the early implementation of the planning of the Mong Cai - Ha Long - Hai Phong standard gauge railway with an investment scale of up to 7 billion USD, bringing profitable business potential and price increase prospects for the project.
As an international commercial and tourist urban area, Vinhomes Golden Avenue also impresses investors with its large scale and well-planned commercial areas, the diversity of its utility ecosystem, serving all the needs of residents and tourists.
In particular, the Asia Vibe subdivision has up to 5 commercial streets with unique themes and industries, gathering many large domestic and foreign brands, creating a leading shopping, culinary, and entertainment center in the northern border area.
The above advantages help Vinhomes Golden Avenue become a project of interest in the market today.
Source: https://dantri.com.vn/bat-dong-san/vinhomes-golden-avenue-thu-hut-gioi-dau-tu-tai-mong-cai-20250306174207416.htm
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