In HCMC, Bitexco Group is pursuing development of the 427-hectare Binh Quoi - Thanh Da urban area after the withdrawal of its joint venture partner Emaar Properties PJSC. In this context, Lotte Group will start construction of the US $883 million Eco-Smart City in Thu Thiem New Urban Area by Q3 2017.

Binh Quoi - Thanh Da urban area
In Phu Quoc, the 400-key Regent Phu Quoc, the 716-key Best Western Premier Sonasea Phu Quoc, and a 500-key Radisson Blu-branded resort will be developed within three integrated properties of Marina Phu Quoc, Sonasea Villas & Resort, and Vinpearl Phu Quoc Convention & CLasino, respectively. In Nha Trang, A&B Central Square, a 36-storey mixed-use project, is expected to open by 2018 while the 175-key Swiss-Belhotel Nha Trang is set to complete the first development phase by year-end.