Hodeco and 54 forge strategic partnership to evelate golf Integrated real-estate

DNHN - Ho Chi Minh City, May 22, 2025 – As it prepares to celebrate its 35th anniversary, Ba Ria - Vung Tau House Development Joint Stock Company (Hodeco) has officially signed a strategic partnership with 54, a global sports and entertainment agency.

This milestone marks a exciting new chapter in the development of golf-integrated real estate and underlines Hodeco’s international vision and pioneering direction.

The collaboration reflects a vital step in advancing sustainable development and positioning Ba Ria - Vung Tau as a premier destination for tourism and investment in Vietnam, delivering elevated, world-class living experiences.

Ba Ria – Vung Tau: A Promising Destination for Golf Tourism and Luxury Real Estate

Golf and golf tourism in Vietnam are experiencing rapid growth. The Vietnamese government has identified golf as a key tourism product in its National Tourism Development Strategy through 2030, with the goal of positioning the country as a leading destination in the region, particularly appealing to high-spendingtravelers. Within that overall picture, Ba Ria – Vung Tau province is a highly promising focal point. This area affirms its position as one of the fastest-growing coastal tourism provinces in the South. Local authorities are leveraging golf as a key pillar of their sustainable tourism strategy, enhancing land value, attracting resort real estate investment, and integrating golf into tourism stimulus policies, festivals, and international events to draw premium clientele.

Hodeco’s Vision: Creating Superior Living Experiences Through Golf

With the pioneering aspiration to build a prosperous and sustainable society, Hodeco – a leading construction and real estate enterprise in the Southern region with over 35 years of experience – is gradually implementing a new development strategy. In this strategy, golf is not merely seen as a premium amenity, but also as a foundation for community connection, spreading spiritual values, and contributing to the creation of long-term living values. This is a strategic element in Hodeco's journey towards sustainable development in its projects.

To realize that aspiration, Hodeco has partnered with 54, a leading global agency with an extensive international network and deep expertise in golf with an office in Vietnam. With proven credentials working alongside major organizations and leading golf courses worldwide, 54 is the ideal partner to support Hodeco’s ambition to internationalize its real estate and sporting ventures.

The strategic partnership will focus on five key pillars:

- Golf-integrated real estate development: Co-developing golf-resort projects in Vietnam’s key tourism destinations.

- International collaboration: Identifying a global network of architects, operators, trainers, sustainability experts, and branding strategists.

- Strategic positioning: Aligning projects with Vietnam’s national golf planning and major tourism-sports ecosystems.

- Investment promotion and event management: Participating in international golf tournaments, trade shows, and industry conferences to showcase Hodeco’s offerings.

- Golf-industrial zone hybrid model: A groundbreaking initiative to integrate golf courses into industrial zones, maximizing land use, expanding green space, and creating premium living and working environments for professionals and investors.

Mr. Doan Huu Thuan – Chairman of Hodeco's Board of Directors shared:
"We see golf as an essential element in the master planning of modern cities, and an inevitable part of Ba Ria - Vung Tau’s development journey. Golf enhances land use value, contributes to the green economy, and significantly boosts the appeal of high-end real estate. It meets the rising demands of the market while attracting tourists, investors, and professionals to the region."

"This vision is reflected in our flagship project, Wonderland, a sustainably designed eco-tourism destination for all generations, offering a balance of family-friendly experiences and environmental stewardship. The project features distinct zones for leisure, wellness, 5-star resorts, luxury villas, and a unique 18-hole golf course built around the area’s natural topography. Wonderland is set to become a new symbol of upscale living and world-class golf experiences in Ba Ria - Vung Tau."

Ben Styles, Executive Director 54, said: "Ba Ria – Vung Tau has always been a land rich with potential, possessing a strategic location and rare natural appeal. More than a decade ago, when we first brought international golf tournaments here, I already believed this place could ascend to become a leading tourism and investment hub in the region. Today, that belief is strengthened as we join hands with Hodeco, a pioneering enterprise, acutely attuned to global trends in golf, real estate, and lifestyle.

With 54's international capabilities and integrated ecosystem, we aim to deliver groundbreaking development models, where golf seamlessly integrates into living spaces, establishing new benchmarks for real estate and community. In Ba Ria – Vung Tau, golf transcends a mere sporting experience; it becomes a community connector, enhancing project values, boosting the tourism and sports economy, and unlocking sustainable investment opportunities.

We are confident this will become a favored destination for the domestic market tourists, investors, and new-generation residents alike – those seeking a high-quality lifestyle connected with nature, physical activity, and a spirit of global integration, all while contributing significantly to the prosperity and elevation of the province's standing”.

This agreement marks the beginning of a long-term strategy that connects real estate, industry, sports, and lifestyle. As Ba Ria - Vung Tau rises as a new central point for tourism and infrastructure investment in southern Vietnam, the Hodeco–54 partnership sets the stage for sustainable urban development aligned with global trends.

Nguyen Cuong