Retail in Asia

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Ascott strengthens position in Vietnam

Ascott, has been awarded a contract to manage a serviced residence in Danang, the fourth largest city in Vietnam. The serviced residence will be named Somerset Danang Bay, and will be the first international brand of serviced residence in Danang.

The mixed-use developments will comprise of oresidential towers with luxury apartments, along with sections for commercial retail, recreational uses and other facilities such as swimming pools, spas, fitness centers, practice greens, restaurants and conference rooms.

(Source: ha+d)