Marriott adds 7 Vinpearl hotels, resorts to Vietnam portfolio
Marriott International Inc. on Wednesday signed management agreements with Vinpearl, Vietnam’s largest hospitality and leisure chain, for an additional seven hotels and resorts, comprising more than 2,500 rooms.
The seven hotels add to the eight hotels the duo announced in 2022 when Marriott first entered into agreements with Vinpearl, part of Vietnam’s largest conglomerate Vingroup. With Wednesday’s deals, Vinpearl is expected to be the largest owner of Marriott brands in Vietnam with 15 hotels and resorts.
“With new locations earmarked in important tourism hubs such as Danang and Nha Trang, our anticipated inaugural resort in the popular cultural town of Hoi An, and the anticipated first internationally branded five-star hotel in Bac Ninh, we are well-positioned to meet Vietnam’s diverse hospitality needs in primary, secondary and tertiary destinations,” Rajeev Menon, Marriott International’s president, Asia Pacific (excluding China).
Among the seven newly-signed hotels and resorts, three are conversions that are expected to join the Marriott system later this year. They are Nha Trang Marriott Resort & Spa on Hon Tre Island in Khanh Hoa province; Renaissance Hoi An Resort & Spa in Quang Nam province; Danang Marriott Resort & Spa in Danang City bordering Quang Nam.
Nha Trang Marriott Resort & Spa in Khanh Hoa province, central Vietnam. Photo courtesy of Marriott.
The four new builds comprising more than 1,200 rooms are expected to open by 2028, including the Bac Ninh Marriott Hotel. Expected to open in 2026, the hotel is slated to be Marriott International’s debut in the northern province of Bac Ninh, close to Hanoi.
Marriott International currently operates 16 hotels and resorts in Vietnam, with a strong development pipeline. In the coming years, debuts of several exciting brands are expected in the country, such as The Ritz-Carlton, Westin Hotels & Resorts, Element by Westin, and Courtyard by Marriott.
- Read More
Vietnamese listed firms stay cautious on 2026 profit outlook despite strong Q1
Vietnamese listed companies are entering 2026 with robust Q1 earnings growth, yet most are setting markedly more cautious full-year business targets as concerns over capital costs, uneven demand recovery, and widening sector divergence weigh on corporate sentiment.
Companies - Mon, May 25, 2026 | 8:00 am GMT+7
Mobile World's electronics retailer wins approval for $545 mln IPO
Dien May Xanh, the electronics retail chain of Mobile World Group (HoSE: MWG), has received approval from the State Securities Commission of Vietnam (SSC) for its highly anticipated IPO, positioning it to become the country's largest market debut in five years.
Companies - Sun, May 24, 2026 | 10:33 pm GMT+7
Stricter penalties needed to prevent counterfeit textbooks in Vietnam
Stricter penalties and stronger enforcement measures are needed to curb the growing circulation of counterfeit textbooks in Vietnam, as fake and illegally printed books continue to spread widely across retail stores, e-commerce platforms, and social media channels, posing risks to educational quality and consumer rights.
Companies - Sun, May 24, 2026 | 2:05 pm GMT+7
Non-life insurer PVI, chamber of commerce VCCI partner to enhance business competitiveness
PVI Insurance, a leading non-life insurer in Vietnam, and the Vietnam Chamber of Commerce and Industry (VCCI) have signed a cooperation agreement to establish their comprehensive partnership for 2026-2027.
Companies - Sun, May 24, 2026 | 1:56 pm GMT+7
Japan’s Nissha acquires 60% of Vietnam stent maker in Southeast Asia push
Japan’s technology group Nissha has completed the acquisition of a 60% stake in USM Healthcare Medical Devices Factory JSC (USM Healthcare), a Vietnam-based cardiovascular stent manufacturer, expanding its footprint in Southeast Asia.
Companies - Sun, May 24, 2026 | 10:10 am GMT+7
Vietnam’s fast-food industry expands 13% as chains pivot beyond major cities, KFC leads growth
Vietnam’s fast-food sector is experiencing a robust post-pandemic revival, with the total number of outlets nationwide projected to grow to 1,156 in 2026, up from 1,022 last year, or 13%, according to a recent market report by research firm Q&Me.
Economy - Sun, May 24, 2026 | 8:00 am GMT+7
From satellite internet to device manufacturing: Amazon expands ambitions in Vietnam
Amazon aims to position Vietnam as a manufacturing hub for selected devices serving global exports, said David Zapolsky, the giant's senior vice president and chief global affairs and legal officer.
Companies - Sat, May 23, 2026 | 10:35 pm GMT+7
PV Gas H1 profit likely to exceed 70% of full-year target
PV Gas, a subsidiary of state-owned Petrovietnam, expects to exceed 70% of its full-year profit target in the first six months of 2026, supported by stable domestic gas supply and expanding market share amid global energy disruptions caused by Middle East geopolitical tensions.
Companies - Sat, May 23, 2026 | 1:50 pm GMT+7
Infrastructure builder Deo Ca must be a 'durable horse' for the long road: chairman
Ho Minh Hoang, chairman of Deo Ca Traffic Infrastructure Investment JSC (HHV), a leading transport infrastructure developer in Vietnam, said the company should not seek overnight expansion but instead pursue disciplined and sustainable long-term growth.
Companies - Sat, May 23, 2026 | 8:17 am GMT+7
Agribank advances ESG implementation, strengthening foundation for sustainable development
As sustainable development becomes an increasingly important requirement for the financial and banking sector, Agribank is steadily reaffirming its development orientation aligned with environmental, social, and governance (ESG) principles.
Companies - Fri, May 22, 2026 | 4:24 pm GMT+7
Two Hermes bags of convicted tycoon Truong My Lan fetch $531,000 at auction
Two luxury Hermes handbags belonging to tycoon Truong My Lan, chairwoman of Van Thinh Phat, were successfully auctioned in Ho Chi Minh City, generating more than VND14 billion ($530,970) for asset recovery efforts tied to one of Vietnam’s largest financial fraud cases.
Companies - Fri, May 22, 2026 | 4:09 pm GMT+7
Vietnam’s cosmetics retail market keeps expanding but at slow pace
Vietnam’s cosmetics retail market continued expanding in 2026, though the pace of store openings has begun to moderate after years of rapid growth, according to market research firm Q&Me.
Economy - Fri, May 22, 2026 | 3:53 pm GMT+7
Major Vietnam conglomerates deepen presence in agriculture sector
The growing presence of both long-established agricultural companies and newly participating private conglomerates is reshaping Vietnam’s agriculture sector into a more diversified industry landscape.
Companies - Fri, May 22, 2026 | 3:27 pm GMT+7
Tai Tam expands energy portfolio with $70 mln wind power project in central Vietnam
A nearly VND1.85 trillion ($70.26 million) wind power project in Gia Lai province marks a new step in Tai Tam Group JSC’s strategy to expand its renewable energy ecosystem.
Energy - Fri, May 22, 2026 | 11:38 am GMT+7
Vietnam's wealth management market offers hundreds of billions of US dollars in growth potential
As Vietnam’s middle class expands rapidly and demand for wealth accumulation rises, the country’s wealth management market is entering a strong growth phase, with potential to reach hundreds of billions of U.S. dollars in the coming years.
Finance - Fri, May 22, 2026 | 10:47 am GMT+7
Winner Medical starts building $61 mln medical supplies plant in northern Vietnam
Nature Health Development International Co. Ltd, a Hong Kong-based subsidiary of China's Winner Medical, has broken ground on a medical supplies manufacturing plant worth over VND1.5 trillion ($60.5 million) in Vietnam’s northern province of Quang Ninh.
Investing - Fri, May 22, 2026 | 7:48 am GMT+7





















