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Vingroup kicks off $32.5 million project in Hue

Released at: 17:22, 25/03/2015

Vingroup kicks off $32.5 million project in Hue

Shopping mall and hotel project expected to meet the diverse needs of customers in and visitors to the city.

by Hoai An

Vingroup began construction of the Hung Vuong Vincom Megamall and five-star Vinpearl Hue hotel on March 22 at 50A Hung Vuong Street in Hue.

The complex will be built on the area of over 4,500 sq m with investment of VND700 billion ($32.5 million) and is expected to be completed in March 2016. It includes underground parking, a modern shopping center, a luxury five-star hotel and conference rooms.

The four-floor shopping mall will contain international-standard high-end stores, hypermarkets, a food court, a modern leisure center, and a cinema. The hotel will be ten storeys high, from the 5th to 15th floors, with around 240 luxury rooms, modern spa facilities, a gym and a swimming pool.

Speaking at the breaking ground ceremony, Vice Chairman of Vingroup Mr. Le Khac Hiep said “this complex is the first project of Vingroup in central Vietnam.” He added that, with its golden location, beautiful architecture and experienced investor, the project will become a new destination and attraction, adding a modern point to “old” Hue and meeting the diverse needs of domestic and international tourists.

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