Vietnam approves $9 billion development within mangrove reserve

news.mongabay.com

by Tim Rist on 5 August 2020

  • Vietnam’s $9.3 billion Can Gio Tourist City was recently approved for construction within the buffer zone of a UNESCO Mangrove Biosphere Reserve in Ho Chi Minh City.
  • Developed by Vingroup, Vietnam’s largest private company, the project will require the reclamation of a huge amount of land along Can Gio’s coast.
  • Environmentalists and activists have petitioned the government to reconsider the project, but Vingroup is a key part of the country’s drive toward industrialization and home-grown world-class companies.
Sunset on the Mekong River. Photo by Michael Tatarski.

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