On the morning of June 21^st, 2025, in the role of Design & Build General Contractor, SOL E&C and Newtecons attended the groundbreaking ceremony for the Five Star Odyssey and Five Star Poseidon, two international 5-star apartments and hotels. The ceremony took place in a formal and vibrant atmosphere, welcoming the participation of leaders from Ho Chi Minh City, Ba Ria – Vung Tau Province, the Vietnam National Authority of Tourism, local departments and authorities, as well as the projects’ General Contractors, Consultants, and Partners. 

The leaders joined the groundbreaking key moment for the two projects.

Both Five Star Odyssey and Five Star Poseidon are located on Thuy Van coastal boulevard, recognized as the most vibrant and prime location in the heart of Bai Sau, a popular destination that draws a high volume of tourists. 

Among them, Five Star Odyssey is being developed on a land area of 8,189 square meters, featuring 50 above-ground floors and 4 basement levels. Once completed, it will become the tallest building to date in Vung Tau City. The project offers over 300 international 5-star hotel rooms and more than 1,000 high-end apartments, all operated and managed by leading global hospitality brands. Notably, the architectural design of Five Star Odyssey has been honored as the Best Luxury Hotel & Residence Development in Asia-Pacific 2025 by the prestigious International Property Awards (IPA). 

The perspective of Five Star Odyssey 

The Five Star Poseidon twin towers are being developed on a land area of 8,730 square meters, comprising 43 above-ground floors and 3 basement levels. The project will also offer over 300 international 5-star hotel rooms and more than 1,000 upscale residential units. Featuring a design concept of "leaning against the mountains, facing the sea", Poseidon boasts a panoramic view of Hon Ba Islet, a cultural and heritage landmark of Vung Tau, positioning it as a future architectural and tourism highlight of the city. 

Both Five Star Odyssey and Five Star Poseidon will be operated by world-leading 5-star hotel management brands. SOL E&C is the Design & Build General Contractor for Five Star Odyssey, while Newtecons takes on the same role for Five Star Poseidon. 

The perspective of Five Star Poseidon 

During the event, Mr. Tran Van Muoi, Chairman of Five Star Group, shared that these are not merely real estate developments, but projects that mark a significant transformation in the city’s urban landscape. They are set to contribute to the economic, cultural, tourism, and real estate growth of the local area. Alongside other initiatives such as urban renovation, infrastructure upgrades, and the development of a beachfront park along Thuy Van Boulevard, Five Star Group’s investment in the two integrated hotel and apartment complexes, combined with the addition of two pedestrian tunnels under the sea, will further enhance the appeal and vibrancy of the coastal city of Vung Tau. 

Mr. Tran Van Muoi, Chairman of Five Star Group 

Representing the local authorities at the ceremony, Mr. Nguyen Van Tho, Chairman of the People’s Committee of Ba Ria – Vung Tau Province, remarked that this is one of the key resort projects expected to transform the face of the coastal city. He also highlighted that the investor has commenced construction of two beachfront pedestrian tunnels (Tunnel No. 1 and No. 4), contributing to the enhancement of transportation infrastructure and improving safety and accessibility for both residents and tourists. 

Mr. Nguyen Van Tho, Chairman of the People’s Committee of Ba Ria – Vung Tau Province 

Also at the groundbreaking ceremony, Mr. Nguyen Ba Duong, Founding Chairman of SOL E&C and Newtecons, delivered a speech on behalf of the Design & Build General Contractors to affirm their commitment to the Investor and local authorities. He pledged to deliver the project on schedule, with the highest quality standards, while ensuring maximum safety, strict environmental hygiene, and minimal impact on surrounding structures as well as the beach activities and daily life of local residents throughout the construction process. 

Mr. Nguyen Ba Duong, Founding Chairman of SOL E&C and Newtecons 

The partnership between Five Star Group, SOL E&C, and Newtecons is expected to bring the two international 5-star apartment and hotel complexes, Five Star Odyssey and Five Star Poseidon, to successful completion, contributing to the transformation of Vung Tau’s urban landscape and elevating the city’s tourism profile. 

Moment in the ceremony