On May 21, at the Selavia complex, Toan Hai Van JSC (TTC Phu Quoc – a member of TTC Group) and The Ascott Limited officially signed a technical consultancy and hotel management contract for the serviced residence project branded Citadines Selavia Phu Quoc.
Ceremony of signing the technical consultancy and operation management contract for Citadines Selavia Phu Quoc.
This marks a strategic milestone in Selavia’s journey to become Vietnam’s new resort icon on the global tourism map.
Citadines Selavia Phu Quoc – An International Landmark on Pearl Island
Under the agreement, Ascott – a world-leading lodging management group – will partner with TTC Phu Quoc to provide international-standard technical consultancy and manage the high-rise hotel segment of the Selavia project under the Citadines Selavia Phu Quoc brand.
The hotel is expected to begin operations in Q3/2027, with a total floor area of over 40,000 square meters. It will offer hundreds of upscale serviced apartments meeting international standards, integrated with facilities such as swimming pool, gym, restaurant, lounge, co-working space, children’s playground… catering to the rising "bleisure" (business + leisure) travel trend.
The Ascott Limited, headquartered in Singapore, is one of the world's leading international operators of serviced residences and hotels. Beginning with the launch of Asia-Pacific’s first international serviced residence – The Ascott Singapore in 1984 – the group has expanded to a portfolio of over 990 properties across 230 cities in more than 40 countries.
With a diverse brand portfolio – from serviced apartments and hotels to resorts, co-living spaces, and senior living – Ascott consistently delivers premium experiences tailored to the diverse preferences of global travelers.
The Citadines brand represents a modern, dynamic lifestyle, blending the comfort of an apartment with the wide-ranging services of a hotel – ideal for the flexible, exploratory lifestyle of global citizens.
The resort model here is built on four core pillars: Culture, Cuisine, Wellness, and Community, delivering a comprehensive stay experience where young travelers can easily connect, integrate, and explore new destinations in their own way.
The presence of Citadines at Selavia not only affirms the project's international caliber but also offers exceptional added value for both owners and vacationers. It also contributes to local socio-economic development.
Selavia – From Local Identity to Global Living Standards
Selavia Phu Quoc is a nearly 180-hectare integrated "All-in-One" coastal urban development in South Phu Quoc, invested and developed by TTC Phu Quoc. The project features a private beach over 2 kilometers long and is located in a feng shui-rich "Four Borders – Four Symbols" location, harmoniously combining sea, mountains, city, and transport connectivity.
It is also home to the first artificial lotus-shaped island, inspired by Vietnam's national flower – a symbol of rising from adversity. The project is planned and designed by Royal HaskoningDHV (Netherlands), the renowned firm behind Dubai’s iconic Palm Island.
Every architectural line, landscape, and amenity in Selavia is carefully crafted by world-class partners such as:
Surbana International (Singapore) for planning consultation,
Southland Development (USA) for landscape and facility development,
Kume Design (Japan) for architectural design.
These collaborations assure superior construction quality and enhance the project’s investment value.
Speaking at the signing ceremony, Mr. Nguyen Thanh Ngu, Chairman of the Board and General Director of TTC Phu Quoc, said that TTC Phu Quoc is committed to closely cooperating and creating all favorable conditions for Ascott to implement all stages from technical consultancy to project operation.
“We believe that the synergy between local strengths and international expertise will create distinctive and sustainable value for investors, customers, and the community. This cooperation with Ascott is a testament to TTC Phu Quoc’s commitment to the quality, class, and international standards of the Selavia project.
It marks not only a turning point in our development journey but also the beginning of a long-term strategic partnership between the two parties,” Mr. Ngu emphasized.
Mr Nguyen Thanh Ngu – Chairman of the Board and General Director of TTC Phu Quoc – stated that TTC Phu Quoc will cooperate closely and provide all favorable conditions for Ascott to implement the project.
Ms. Kar Ling Wong, Chief Strategy Development Officer of The Ascott Limited and Managing Director of Southeast Asia, expressed her confidence:
“We are proud to establish this strategic partnership with TTC Group, marking a new chapter in realizing our shared vision of developing high-quality accommodation services in Vietnam.
Citadines Selavia Phu Quoc is not only the brand’s first presence on Pearl Island but also one of the most impressive mixed-use serviced apartment projects in the country.”
Ms Kar Ling Wong – Chief Strategy Officer of The Ascott Limited and Managing Director for Southeast Asia – expressed her confidence in establishing a strategic partnership with TTC Group.
Mr. David Cumming, Regional General Manager for Vietnam, Cambodia, and Myanmar (Ascott Group), also highlighted:
“This will be the fourth Citadines-branded hotel project in Vietnam, combining professional services with the long-stay convenience of a residence.
It stands out not only for its scale and design but also for the guest experience – offering elegant living spaces, a connected stay journey, and the integration of leisure, work, and wellness.”
Mr David Cumming, Regional General Manager for Vietnam, Cambodia, and Myanmar (The Ascott Limited) – spoke at the event.
Alongside the Selashine shophouses attracting investors, TTC Phu Quoc continues to develop multiple segments such as luxury villas, high-end apartments, a marina, amusement park, seaport, and logistics warehouses – aiming to complete a modern urban tourism ecosystem.
At the ceremony, Mrs. Huynh Bich Ngoc, Standing Vice Chairwoman and General Director of TTC Group, shared:
“Today's event marks an important milestone in realizing TTC Group’s long-term strategic vision in Phu Quoc.
With 46 years of development, TTC Group has continuously innovated, elevated standards, and broadened its vision to contribute meaningfully to the country’s socio-economic development.”
She believes that the combination of TTC’s internal strength and Ascott’s international operational expertise will turn Citadines Selavia Phu Quoc into a new Southeast Asian icon – a hub of top-tier experience, leisure, and investment.
Ms Huynh Bich Ngoc, Standing Vice Chairwoman and CEO of TTC Group, shared that the signing ceremony marks an important milestone in the journey of realizing TTC Group’s long-term strategic vision in Phu Quoc.
TTC Phu Quoc remains steadfast in pursuing a development model aligned with ESG principles: conserving resources, protecting marine environments, creating local employment, and supporting the province’s sustainable green tourism development goals.
This signing with Ascott not only represents international collaboration but also showcases TTC’s long-term vision, reaffirming Selavia’s investment potential – defined by solid legal status, prime location, trusted partners, and strong development prospects.
The high-rise hotel zone branded Citadines Selavia Phu Quoc – a component of the Selavia project.
Selavia's high-rise hotel segment branded Citadines Selavia Phu Quoc – a core component of the Selavia project.
As Phu Quoc prepares to host the APEC Forum 2027, which will attract thousands of global leaders and entrepreneurs, the South Island is poised for significant development.
In this momentum, Selavia – along with Citadines Selavia Phu Quoc – boasts key advantages and an expanding ecosystem of hospitality, commerce, and logistics. These elements form a solid foundation to meet rising demand for accommodation, work, and investment – not only leading up to APEC but well into the future.
For more information about the Selavia Phu Quoc project, please contact:
Toan Hai Van JSC (TTC Phu Quoc)
Address: Group 11, Suoi Lon Hamlet, Duong To Commune, Phu Quoc City, Kien Giang Province
Hotline: 098 767 8888
Website: selaviaphuquoc.vn
According to Tuoi Tre