Vietnamese company plans to build 20 new courses

FLC Group, a publicly-traded Vietnamese company, plans to build 20 new golf courses in Vietnam in the next five years.

The Hanoi-based company — a major developer of apartments, shopping centers, industrial parks and resorts — has $1 billion of golf resort development under way or completed at four locations on Vietnam’s 3260-kilometre coastline.

Each of the links-style courses are in dramatic oceanfront settings that provide an extra dimension to golf in Asia and create new golf tourism destinations for local and foreign golfers.

Its first integrated resort, at Sam Son, opened earlier this year.

The second, with a Nicklaus designed course that opened in March and another designed by Schmidt-Curley under way, is near Quy Nhon on the south central coast between Nha Trang and Danang. A 500-room hotel is will open at Quy Nhon, which also will feature several hundred villas.

A third project near famous Halong Bay east of Hanoi has just commenced and a fourth will comprise 10 courses, 1,000 villas and townhomes, a hotel and convention center in Quang Binh province on the north central coast.

Luu Duc Quang, the chairman of Biscom, a subsidiary established to manage FLC’s golf courses, said golf is a perfect way to leverage the company’s real estate holdings.

FLC is working closely with Vietnam’s Ministry of Planning and Investment in developing the new projects, all of which have government approval.

Quang expects a majority of players and investors at the new courses to be local Vietnamese, with Koreans and Japanese as likely secondary participants.


He said other foreign golfers will be attracted by the new destinations and traditional links-style settings and playing conditions.


How can I contact this group?

I'm very interested in joining your team. Can you please advise me of employment opportunities at any of the Vietnam locations. Thank you, Regards, Michael Gordon

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