Kien Giang Province's government has agreed in principle to the establishment of a company mandated to develop infrastructure facilities for the tourist island of Phu Quoc, said an official in charge of investment in the district off the southern province.

The Life Resorts has signed an agreement with Hoang Tra Travel for the co-development of a 182-room property on Danang’s China Beach. 
 

Investment management group VinaCapital has chosen world-renowned luxury hotel operator Marriott International to manage its new five-star hotel and resort scheduled to open in central coastal Da Nang city in 2011. 
 

The Vietnam Construction and Technology Development Joint Stock Company will invest some 1.6 trillion VND in building a resort complex in Thuan An township, Phu Vang district, central Thua Thien-Hue province.