Signing ceremony of Memorandum of Understanding between Vung Ro Petroleum and ONE°15 Marina Club

A memorandum of understanding on construction of the marina, called “ONE15 Vung Ro Bay Marina” was signed in Singapore on May 26 between ONE°15 Marina Club, a company of SUTL Group, and Vung Ro Petroleum Co. Ltd.

According to the master plan on the Vung Ro Bay development project, ONE15 Vung Ro Bay Marina will be a key destination for the area. ONE15 Vung Ro Bay Marina aims to become an international nautical hub, which can berth 300 boats varying from 10 meter to 60 meter super yachts.

Mr. Tran Hai Hau, Ambassador of the Socialist Republic of Vietnam in Singapore: “I do appreciate it to be present at the ceremony because I believe that this collaboration and strategic partnership is an excellent example of the evergrowing multifaceted relations of friendship and cooperation between Vietnam and Singapore”.