The construction on a resort and eco-tourism complex was launched in the central coastal province of Phu Yen on Thursday.
The HCM City-based Tan Viet An House Trading and Investment Joint Stock Company has total investment of VND560 billion (US$24 million) in the complex.
Covering an area of 9.2 hectares in Tuy Hoa City, the Viet Beach project includes an eight-floor hotel, 27 villas, 106 bungalows and some entertainment facilities such as a gymnasium and club, swimming pool, children’s playground and restaurants.
Tran Duy Dung, general director of the company, said that the project is scheduled to be completed in two years.
It is expected to create jobs for about 450 local workers.