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Oakwood Asia Pacific establishes presence in Vietnam

Oakwood Asia Pacific announced its entry into Vietnam with the opening of Oakwood Apartments Ho Chi Minh City slated for the last quarter of the year.

“This is an exciting year for Oakwood Asia Pacific as we celebrate key milestones such as the opening of our 10th property in Tokyo this August; as well as our expansion into new regions such as Australia, Malaysia, Singapore and Vietnam,” said Dean Schreiber, managing director of Oakwood Asia Pacific Ltd. “Vietnam’s economy has been growing steadily with strong foreign direct investments.

Oakwood Asia Pacific’s core business is in providing serviced apartments for business travelers; and this is a timely opportunity for us to debut in Vietnam coupled with the country’s advancing integration into both regional and global economies. ”