A new safari park by Sun Group Corp. in Ba Vi, Vietnam, has sparked backlash from residents fearing displacement. The 300-hectare project, reduced from 580 hectares, threatens the livelihoods of nearly 4,000 people. Residents have hung red banners and are resisting construction, with some stopping farming to protect their land.
The $251 million investment aims to attract 6 million tourists annually, but concerns over fair compensation and land rights persist. The project lies outside Ba Vi National Park, but its swift approval reflects broader tensions over land clearance in Vietnam. The government is overhauling land laws to speed up development, raising fears for resident safeguards.
Land disputes remain a contentious issue since Doi Moi, with past protests turning violent. For Ba Vi residents, resettlement plans remain unclear, and many have lived there since 1966.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing