Vietnam-the next Asian Tiger? Message Board

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Strategies & Market Trends : Vietnam-the next Asian Tiger?

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From: Mannie	2/15/2007 1:08:00 PM
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It is amazing how quickly they are building projects in Vietnam. I was in Nha Trang about 14 months ago and this project had not even begun. There is also now high speed train service to Nha Trang from Saigon, the cost is very low. thanhniennews.com Vietnam pilots operation of world’s longest cable car Vietnam’s first sea-crossing cable car system, linking Nha Trang beach city to Vinpearl Land resort in central province of Khanh Hoa, is to be trialed Wednesday before commencing fully operations for Tet. The gondola, running 3,320m long has reportedly met all international safety and technical standards required for a cable car system. The system will be piloted for 100 hours before ferrying the first turns of passengers on Tet holiday (Vietnamese Lunar New Year), slated for February 24. It is capable of handling 1,500 passengers an hour and will take a person around nine minutes to travel to the island and vice versa. Tourists will be able to enjoy a unique bird’s eye view of the Vinpearl Land resort, Nha Trang, and the local marine environment. Vinpearl is also seeking to register its gondola in the Guinness Book of Records as the world-longest cable car system. Construction on the VND96 billion (US$6 million) cable car system, invested by Vinpearl Land resort and constructed by French group Poma, began in December 2005. The Vinpearl Land resort is situated on Hon Tre Island, covering an area of 150 hectares and providing tourists with 500 deluxe rooms and a vast range of sport and recreation activities.

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