French hotel in Vietnam
French hotel in Vietnam
HANOI (AFP): French firms Feal International and Accor have begun work on a four-star hotel in the northern port city of Haiphong, a Feal official said Saturday.
It is a US$23-million joint venture with Phong Lan Co. of Haiphong, and work on the six-story Grand Hotel should be completed by 1997, she said.
One of the main obstacles to tourism in Vietnam is the critical shortage of high-standard hotel rooms. There are only five three-to-five star hotels in the entire country.