Singapore-based ONE°15 Marina Club will be developing an integrated marina resort in Vietnam to ride on the luxury boating and yachting wave in the region.
It yesterday signed a memorandum of understanding (MOU) with Vung Ro Petroleum to develop the property in Vung Ro Bay.
The development, to be named ONE15 Vung Ro Bay Marina Resort, will comprise hotels with over 760 rooms, 4,300 apartments, 100 luxury townhouses, retail shops and a 400 metre sandy beach, as well as marina berths.
The gross commercial area will total some 200,000 square metres, with space for schools, healthcare facilities, retail, leisure and entertainment complexes as well as the ONE15 Vung Ro Bay marina.
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