Japan group to build 100 hotels in Vietnam

(VOV) - Japanese hotel chain, Toyoko Inn, revealed its ambitious plan to build 100 starred hotels in Vietnam at a seminar in Hanoi on February 22.

Nishida Norimasa, President and founder of Toyoko Inn, said he believes that the project would be successful as for the long term Vietnam’s economy will be surely better than at present.

Vice President of the Vietnam Chamber of Commerce and Industry Doan Duy Khuong welcomed the corporation’s project which he said testifies to the growing economic, trade, tourism and cultural ties between the two countries.

He expressed his hopes that the project, once completed, will contribute to boosting the two countries’ tourism and investment cooperation, promoting Vietnam’s international image and facilitating tourism, investment and business activities in Vietnam. 

Japan now ranks third among 84 foreign investors in Vietnam.

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