Work has officially begun on the preservation, restoration, and rehabilitation of Kinh Thien Palace at the Thang Long Imperial Citadel in Hanoi. Attended by General Secretary and President To Lam, the groundbreaking marks the start of a major project backed by 15 years of interdisciplinary research and UNESCO consultations. Developer Sun Group has been selected to construct the historical restoration, which forms the first step of a long-term capital master plan.
Vietnamese conglomerate Sun Group has secured strategic agreements with US firms Visa, Marriott International and Boeing during an official state visit to New York. The partnerships span digital payment integration, hotel expansion and aerospace development. The moves follow Vietnam’s Politburo Resolution No. 26-NQ/TW, which aims to position tourism as a primary economic driver and grow the sector to contribute 12 to 14 per cent of national GDP.
Sun Group and Marriott International have signed a strategic partnership agreement in New York to expand Vietnam’s luxury hospitality and MICE tourism sectors ahead of APEC 2027. The agreement includes a major multi-brand hotel complex at the Ruby Beach Mixed-Use Urban Area in Phu Quoc, which will initially introduce over 7,000 rooms. The development is supported by regional infrastructure upgrades, including airport expansions and transit projects.
Sun Group, Vietnam National Petroleum Group (Petrolimex) and National Commercial Bank (NCB) have signed strategic cooperation agreements in Phu Quoc. The deal expands linkages across energy, finance, aviation and tourism ahead of the APEC 2027 summit. The alliance includes sustainable aviation fuel research, electric vehicle charging rollout and dedicated banking solutions, strengthening operational capacity and green transformation initiatives across the region.
Developer Sun Group has launched Sun Glory Residence, a 3.7-hectare residential complex featuring nearly 3,500 luxury apartments in Vinh, Nghe An. Located at the junction of Le Hong Phong and VI Le Nin avenues, the development consists of five towers, including a 37-storey building. It offers over 37 exclusive amenities, 25,000 square metres of commercial space and 10,650 square metres of green areas.
Developer Sun Group has commenced a 30.15 trillion VND project to renovate and enhance the West Lake area in Hanoi, Vietnam. Implemented under a Build-Transfer public-private partnership, the scheme spans 567.75 hectares. The plans focus on expanding pedestrian space along a 13.5 km lakeside road, building wharves, upgrading public parks and installing new cultural infrastructure to establish the district as a major tourism and event destination.
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