KBC Selected to Build US$500M Hotel in Vietnam Capital City
Hanoi authorities have officially chosen Kinh Bac City Development Share Holding Corp (KBC) to replace Riviera group to invest into a US$500 million five-star hotel in the city.
The Lotus Hotel, to be located on 300,000-square-meter site next to the National Convention Center in Tu Liem district, will include 800 luxury rooms.
KBC will start the construction early next year and will finish the first phase of the project in 2012. (Young People)
Vietnamese
