Projects / Tourism Areas & Destinations

Vietnam Landmark Initiative – Ferris Wheel Development Proposal

 
 
FW
Destination Development Proposal · Investment Facilitation
 

Vietnam Landmark
Initiative

Ferris Wheel Development Proposal

Ho Chi Minh City · Da Lat · Vietnam

Connecting international investment with future tourism destinations.

Project TypeDestination Development · Investment Opportunity · Tourism Infrastructure · Public–Private Partnership
Proposed LocationsHo Chi Minh City & Da Lat, Vietnam
InvestorGwangju Family Land · South Korea
FacilitatorTOUCH — Destination Development · Investment Facilitation · Strategic Partnership
StatusFeasibility & Site Exploration  Site Selection & Partnership Development

                                                                                                                                                                                                                                                                                                                                 Illustrative images of Gwangju Family Land's Ferris Wheel operations in South Korea.

Overview

Exploring New Tourism
Landmarks for Vietnam

 

Cities around the world are remembered through the landmarks that define them.

Recognizing Vietnam's growing tourism potential, Gwangju Family Land is exploring opportunities to introduce internationally proven Ferris wheel destinations into Vietnam.

The initial vision considers two potential destinations — Ho Chi Minh City and Da Lat.

As the local development partner, TOUCH is facilitating discussions between the investor, government agencies and local businesses to identify suitable locations and evaluate future collaboration opportunities.

At this stage, the project remains under feasibility study and site exploration.

Concept Rendering – ADAMAS Cruise Terminal & Giant Observation Wheel, Saigon River.
Illustrative visualization prepared for destination development study purposes only.

A Growing Market
for New Experiences

 

The proposed Ferris wheel initiative responds to this opportunity by introducing internationally proven tourism infrastructure while respecting the unique identity of each city.

Ho Chi Minh City and Da Lat have been identified during the initial study phase . Ho Chi Minh City and Da Lat have been identified during the intial study phase as two priority destinations due to their strong tourism apprel and their potential to support the develoment of iconic landmark projects.Each city offers distinct advantages in terms of market scale, natural setting, cultural identity, and long-term tourism development strategy.


The implementation of the project will ultimately depend on the outcomes of site investigations, feasibility studies, and close collaboration with government authorities, local stakeholders, and strategic partners.

 

Initial Study Locations
Ho Chi Minh City & Da Lat 

The Vision

A Vision Beyond
an Observation Wheel

 

A landmark is never only about architecture. It becomes part of a city's identity, creating new experiences, strengthening tourism and contributing to long-term economic vitality.

The vision is to develop a destination that respects local culture while introducing a world-class attraction to Vietnam.

 

The Proposal

A Destination That Connects
Tourism, Culture & Investment

 

If developed, a landmark of this scale could offer the following characteristics, based on internationally proven Ferris wheel destinations.

Structure

An aesthetic wire-type wheel design that elevates the surrounding cityscape.

Height

A towering silhouette offering sweeping panoramic views of the city and its surroundings.

Cabins

Premium multi-passenger cabins designed for comfort and an immersive ride experience.

Ride Experience

A continuous, unhurried rotation letting every visitor enjoy the view at their own pace.

 

Site Selection

Site Selection
Principles

 

Suitable locations will be evaluated based on several criteria:

Accessibility

Proximity to the city center and existing visitor flow.

Urban Connectivity

Integration with surrounding roads, transit and public infrastructure.

Tourism Potential

Proximity to existing attractions and visitor destinations.

Landscape Integration

Compatibility with the surrounding natural and urban landscape.

Environmental Compatibility

Alignment with local environmental and planning conditions.

Long-term Development Vision

Fit within each city's broader tourism development strategy.

In Da Lat, locations such as the Ho Xuan Huong Lake area are being studied as one example that reflects these principles — among other sites still under consideration.

Potential Benefits

Learning From
Proven Landmarks

 

To avoid creating unrealistic expectations, the project is evaluated based on the proven impacts of similar landmark developments around the world.

London Eye, UKOver 3 million visitors annually, contributing significantly to local tourism in its early years of operation.
Singapore Flyer, SingaporeOver 1 million visitors annually, positioned as a premium destination within the Marina Bay area.
Nanchang Star, ChinaOver 1.5 million visitors annually, driving redevelopment of the surrounding district.
 

 

Development Principles

Development
Principles

 

A successful landmark is defined by its details. Five principles guide the concept forward.

01 · International StandardDesign and safety benchmarked against internationally proven Ferris wheel developments.
02 · Context-SensitiveArchitecture that responds to the character and culture of each host city.
03 · Night TourismActivation of the destination after dark through lighting and evening programming.
04 · Public SpaceIntegration with surrounding public space to extend the visitor experience beyond the ride itself.
05 · Destination BrandingPositioning the landmark as a recognizable symbol within each city's tourism identity.
Development Framework

Proposed Development
Framework

 

The stages below outline the general framework guiding discussions forward, from initial engagement through to implementation.

01
Investment Discussion
02
Site Identification
03
Feasibility Study
04
Government Consultation
05
Concept Development
06
Investment Decision
07
Detailed Design
08
Implementation

International Development Partner

Gwangju
Family Land

 

Why Gwangju Family Land is a strong potential partner for this project.

Proven Operator

The largest theme park operator in Korea's southern region, with expertise spanning 23 kinds of amusement rides across a 150,000㎡ site — including its own landmark, Gwangju Eye.

Reliable Management

A safe, systematic approach through direct local subsidiary establishment, led by theme park executives with over 30 years of professional experience.

 

 Illustrative images of Gwangju Family Land's Ferris Wheel operations in South Korea.

Gwangju Family Land · TOUCH Working Session with Chairman

Looking Ahead

Building Tomorrow's Tourism
Landmarks Together

 

The project represents an ongoing effort to connect international expertise with Vietnam's tourism development ambitions.

TOUCH continues working alongside investors, government agencies and strategic partners to explore opportunities that can create meaningful, sustainable destinations for future generations.

At this stage, discussions remain focused on site exploration, partnership development and long-term feasibility. 

 Concept Rendering – ADAMAS Cruise Terminal & Giant Observation Wheel, Saigon River.
Illustrative visualization prepared for destination development study purposes only.

 

TOUCH - Destination Design & Development · Investment Facilitation · Vietnam Landmark Initiative · Ho Chi Minh City & Da Lat · 2026