The Golden Gate of Asia

Public outcry from concerned citizens had led to the rejection of POSCO's plan to build the steel mill project in Van Phong Bay. Fifty kilometers north of Nha Trang, Van Phong Bay is the most eastern point of Vietnam's mainland, where an International Transhipment Port is being planned.  Hopes and ambitions running high at Van Phong Bay. The incident had garnered much attention to the area where many experts believe that it will rival Singapore and Hong Kong as the new Golden Gate of Asia.