Luxury Hotels Needed in Ho Chi Minh

Feb. 16, 2017, 12:36 p.m.

In a meeting with Ang Wee Gee, CEO of Keppel Land Limited in Singapore, the Secretary of the Party Committee of Ho Chi Minh, Dinh La Thang, discussed an opportunity for a potential investment and partnership to build 6-star or 7-star hotels in the area. Thang said in an interview that Ho Chi Minh is moving towards a new renovation cycle that had sprung up from a movement that was started 30 years ago. hochimihn He believes that a deal with Keppel Land Limited will be a good move towards the city’s development plan. He also encourages foreign entities to invest in building properties in the city as part of unlocking its full potential. Will a Cambodian company be a major player in Ho Chi Minh’s infrastructural success? We can only wait and see as the future of Vietnam’s real estate unfolds before our very eyes.