In March, the beer tycoon Duong spoke to the press and confirmed that he had prepared a lot of work for the auction of the gold-plated hotel with a starting price of 250 million USD (about 6,000 billion VND), for interested partners from China, India and the Middle East. The reason for selling the gold-plated hotel was revealed to be to raise capital to implement social housing projects and commercial centers in Hanoi .
Hoa Binh Group, chaired by tycoon Duong "beer", will no longer sell the gold-plated hotel but will continue to invest and upgrade many more rooms to be completely gold-plated.
Talking to Thanh Nien , Mr. Duong "bia" said that he will stop selling the gold-plated hotel because the company's situation has become less difficult and has arranged cash flow to implement social housing projects and commercial centers in Hanoi as planned.
According to Mr. Duong, after a long wait, the Hanoi People's Committee has decided to accept the investment policy of this unit's high-rise social housing projects in Hoang Mai District with a total investment of thousands of billions of VND.
In early 2023, the gold-plated hotel was put up for auction with a starting price of 250 million USD.
"Hanoi City has approved Hoa Binh Group to implement two social housing projects. We have also arranged enough capital, so the sale of the gold-plated hotel will stop. Honestly, the plan to sell the gold-plated hotel is a last resort. It is my lifelong passion in business and if I sell it to foreigners, they will raise the cost, and it will be very difficult for Vietnamese people to access the service," said Mr. Duong.
The tycoon Duong "beer" also shared that when he decided not to sell the gold-plated hotel anymore, he invested in upgrading the project. Specifically, in addition to the gold-plated bathrooms, the hotel will rent out 36 super luxury rooms with all gold-plated equipment including bathrooms, bathtubs, toilets, beds, mirrors, doors, swimsuits... with shuttle services, lunch, dinner...
Gold-plated swimming pool on the roof of the gold-plated hotel
Dolce by Wyndham Hanoi Golden Lake Hotel is one of many real estate projects built by Hoa Binh Group in Hanoi. The hotel is currently managed by the US Wyndham Group and has been operating since July 2020. The 25-storey hotel has 3 facades: the south borders Nam Cao Street, the west borders Tran Huy Lieu Street, the north borders the internal road; panoramic view of Giang Vo Lake.
The gold-plated Dolce by Wyndham Hanoi Golden Lake hotel has 342 5-star standard rooms, 8 standard meeting rooms, 3 diverse Asian - European restaurants, a gold-plated infinity swimming pool...
In addition, many facilities at the hotel are also gold-plated: all exterior tiles and doors are covered with 9999 gold, all elevators are plated with 9999 gold...
Source link
![[Photo] National Assembly Chairman Tran Thanh Man visits Vietnamese Heroic Mother Ta Thi Tran](https://vphoto.vietnam.vn/thumb/1200x675/vietnam/resource/IMAGE/2025/7/20/765c0bd057dd44ad83ab89fe0255b783)
Comment (0)