|A view of Furama Resort in Danang|
Sovico Holdings will build a five-star resort at a cost of US$54 million on Danang’s Bac My An coast, the second luxury resort in the city after Furama Resort, the company has said.
In the first stage, the 27-hectare property will have 134 villas.
On July 2, the Vietnam Tourism Association named Furama one of the five-star hotels and resorts in Vietnam. Furama has won the title seventh year in a row, including this year.