Two foreign giants eye luxury marina, resort projects in central Vietnam

Swiss investment fund Finance Suisse and the world’s leading superyacht builder Palmer Johnson are looking for opportunities to invest in a super-luxury marina and a resort in the south-central Vietnam province of Binh Dinh.

At a Thursday meeting with provincial leaders, Roland Staub - chairman of Finance Suisse and Timur Mohamed - chairman of Palmer Johnson highlighted the province's strategic location and immense potential for developing a super-luxury tourism model.

Before the meeting, the two companies, in collaboration with local firm Lac Viet Group, conducted a field survey to explore the potential for high-end tourism development, especially along the coastal areas with diverse natural landscapes.

Staub noted that Binh Dinh's strategic position and vast potential make it ideal for developing super-luxury tourism. He expressed readiness to assist in attracting international capital and providing strategic consulting to help the province become a leading destination for the global elite.

Finance Suisse is a renowned investment fund with a global network and extensive experience in providing financial services for premium and ultra-premium real estate projects in Switzerland, the UK, Dubai, and other countries.

Meanwhile, Palmer Johnson, with over 100 years of experience in building luxury yachts, is seeking investment opportunities in super-luxury tourism projects that combine yachting culture with luxury resorts.

Its chairman Timur Mohamed said that Binh Dinh is a rare location with all the necessary factors to become a world-class destination for super-luxury yachts, attracting international high-net-worth individuals.

The company plans to build an integrated tourism ecosystem, including a world-class marina, a high-end beachfront resort, and exclusive services tailored for the global elite.

Lac Viet Group, known for its Imperial Oasis Quy Nhon project, is a pioneer in the development of the Cat Tien urban area in Binh Dinh's Phu Cat district.

Lac Viet Group has actively partnered with the two investors to showcase Binh Dinh’s development potential. Its chairman Tong Duc Hieu stated that this collaboration promises to be a game-changer for high-end tourism and real estate in the province.

He shared that the focus is not only on infrastructure development but also on shaping a luxury lifestyle in Binh Dinh, including exclusive services like yacht clubs, five-star resorts, and high-end cultural and entertainment events.

The field survey by these two giants is expected to drive Binh Dinh to become a new symbol of super-luxury tourism in the region and globally, he added.

During the meeting, Binh Dinh's leaders expressed strong support for the vision of transforming the province into a super-luxury tourism hub. They affirmed their commitment to improving the investment environment, speeding up infrastructure planning and construction, and offering legal support and favorable policies to ensure the vision becomes a reality.

On this occasion, the sides signed an MOU reflecting a long-term commitment to collaboration and advancing investment activities. The event also marked a significant milestone in positioning Binh Dinh on the map of luxury destinations and opens up opportunities for the province to become a sustainable economic, cultural, and tourism center in the near future.