ONE°15 Marina announces new development in Vietnam

ONE°15 Marina Club Vung Ro Bay Resort Seal Superyachts Vietnam  A Memorandum of Understanding to develop an integrated marina resort in Vung Ro Bay, Vietnam, has been signed between ONE°15 Marina Club (Singapore) and Vung Ro Petroleum Co. Ltd, an independent petroleum company based in Vietnam. The MoU was signed by Mr. Arthur Tay, Chairman and CEO of ONE 15 Marina Club and the SUTL Group of Companies and Mr. Kirill Korolev, CEO and General Director of Vung Ro Petroleum Co.

This will be ONE°15 Marina Club’s first marina property in Vietnam and is also its first partnership with Vung Ro Petroleum Co., who are backed by the Rose Rock Group, an investment management and real estate development firm founded by the Rockefeller family.

To be named ONE°15 Vung Ro Bay Marina Resort, the development aims to become an international nautical hub based on its superb location and natural deep water and sheltered bay. Vung Ro Bay is a convenient location for both tourists and residents alike, located in the Phu Yen Province of Vietnam with direct links to Tuy Hoa and Dong Tac Airport.

Read more here:  Vietnam Marina Development: ONE°15 Vung Ro Bay Marina Resort