The Muong Thanh Hotel Group will build a four-star hotel on Ly Son Island, 30km off the coast of central Quang Ngai province, as part of its 2020 tourism development project.
Le Dinh Dong, the group's Deputy General Director, said the project is scheduled to start this year. It will cost 200 billion VND (9.5 million USD).
The seven-storey four-star hotel will provide 150 rooms and meeting accommodation for tourists, he added.
"It's part of our strategy to boost tourism on the island, as guest houses and homestay services cannot provide enough good accommodation for 3,000 visitors during the busy season," Dong said.