This MoU is the basis for cooperation between the two brands where Centara Hotels & Resorts will become the partner in charge of operational management for the FiveSeasons Homes Vung Tau Central Beach project.

The signing ceremony of the MoU to operate and manage FiveSeasons Homes Vung Tau Central Beach

With more than 20 years of experience, Hung Thinh Land JSC is one of the leading real estate developers in Vietnam. With up to 3,300 hectares and 36 diverse projects across the country, Hung Thinh Land meets the needs of more than 100,000 residents.

As a pioneer in creating new value, Hung Thinh Land also focuses on developing a variety of housing types, resort apartments, and commercial, tourism, and resort urban areas which both meet international standards and the needs of many different market segments. This contributes to the growth and sustainable development of tourist destinations and reaffirms its leading position in the field of real estate business.

FiveSeasons Homes – more happiness for Vietnamese families

Following the trend of owning resort real estate in Vietnam with high potential for tourism development, Hung Thinh Land has launched its newest project – the FiveSeasons Homes. Its resort apartments follow the model of apartment complexes combined with hotels, trade, services, and entertainment facilities, forming a series of projects located in places with beautiful scenery and fresh air that are suitable for vacations and enjoying life.

FiveSeasons Homes expands the opportunity to own a second home, helping owners have their own space to regenerate their energy and enjoy life at any time of the year. Combining nature with diverse, international-standard facilities, each FiveSeasons Homes project will bring second homes to promote health and improve life for the community.

According to Thieu Le Binh, deputy general director of Hung Thinh Land, the FiveSeasons Homes product will become a place to connect people with nature and every member of the family while bringing a totally different resort experience.

FiveSeasons Homes Vung Tau Central Beach covers 1.2 hectares and is built in the centre of Thuy Van beach, at No. 300 Phan Chu Trinh Street. Vung Tau City exists in harmony with nature, with a blue sea and tall hills. The project provides nearly 800 resort apartments with modern facilities including a conference room, restaurant, sky bar, swimming pool, spa, kids' club, and many others.

Thieu Le Binh, deputy general director of Hung Thinh Land speaking at the MoU signing ceremony

International management and operation standards

To realise its mission, Hung Thinh Land is cooperating with experienced international partners, jointly creating products that resonate with value, improving the quality of life and health of customers.

Centara Hotels & Resorts Group will be the operational management unit for the FiveSeasons Homes Vung Tau Central Beach project.

Centara Hotels & Resorts is an international hotel management and operation brand that has won a number of prestigious awards with many leading hotels in the market such as Centara Grand, Bangkok Convention Central at Central World – one of the world's leading conference venues – and Centara Grand Beach Resorts & Villas Hua Hin – the world's top heritage hotel voted by CNN.

Centara Hotels & Resorts is a member of Central Group, which owns and operates six leading brands including Centara Reserve, Centara Grand Hotels & Resorts, Centara Hotels & Resorts, Centara Boutique Collection, Centra by Centara Hotels & Resorts, and COSI Hotels.

This network includes 91 hotels spread across tourist destinations in Thailand, the Maldives, Sri Lanka, Vietnam, Laos, Myanmar, China, Japan, Oman, Qatar, Cambodia, Turkey, Indonesia, and the United Arab Emirates.

Choosing Centara Hotels & Resorts as the operating partner for the FiveSeasons Homes Vung Tau Central Beach project, Hung Thinh Land once again confirms its prestige, stature, and enthusiasm to create products with world-class quality and value.

Being the starting project for the FiveSeasons Homes brand, Vung Tau Central Beach is a multi-value destination with several distinct advantages including prime location, natural harmonious living space, and diversified products that are suitable for many customer segments. The reputation of investor Hung Thinh Land will also add value thanks to the brand name of the international operator.