Construction began on the Archi Reeno Hoa Binh Company's VND800 billion (US$37.2 million) Lam Son Resort in northern Hoa Binh Province on March 12.
The resort, covering an area of 66ha in the province's Luong Son District, will have 160 villas, 78 bungalows and a 4-star hotel with 80 rooms.
The resort will be located near the satellite cities of Hoa Lac and Xuan Mai and Hoa Binh tourism complex as well as the 54-hole Phoenix golf course, Southeast Asia's largest golf course.
Chairman of the provincial People's Committee Bui Van Tinh said the Lam Son Resort would contribute to the province's future focus on tourism.
Archi Reeco Hoa Binh Company's director Le Ngoc Binh said the resort was expected to come into operation in 2015.
Archi Reeno Hoa Binh Company is an affiliate of Archi Invest Corporation, with the core business of developing real estate projects for tourism in Hoa Binh and neighbouring areas.