Sign up | Log in



Home  >>  Daily News  >>  Vietnam News  >>  Tourism  >>  US hotel chain to develop 2 resorts in Vietnam

12 June 2009
US hotel chain to develop 2 resorts in Vietnam
Related Stories
June 6, 2009
Cambodia plans to boost cross-border tourism with Vietnam

December 28, 2008
Laos, Vietnam granted $20m to develop tourism link

December 15, 2008
Vietnam Tourism:
Global downturn sees drop in arrivals  

December 13, 2008
Vietnam carrier to buy six ATR-72s at $112m

US-based Starwood Hotels & Resorts Worldwide Inc and Vietnam’s Kinh Bac Corp have signed an agreement to jointly develop two five-star resorts worth $140 million in Vietnam, Dow Jones Newswire quoted the Ministry of Planning and Investment as saying Wednesday.

The companies will build the $100-million Le Meridien Danang Resort & Spa on 8.4 hectares of land in the central coastal city of Danang, 760 kilometers south of Hanoi, the ministry said in a statement.

They will also build the $40-million Sheraton Dalat Resort & Spa on 18 hectares in the tourist city of Da Lat, 300 kilometers northeast of Ho Chi Minh City, it added.

In a related story,, a Vietnamese online news website, reported that the 330-room Le Meridien will come up on Son Tra – Dien Ngoc Street in Da Nang and the Sheraton will have 150 to 200 rooms and will be located at the centre of Da Lat.

Work on the two properties is expected to start next year and finish in 2013.




Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below 




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand