Ascott Extends Footprint to Danang, Vietnam's Fourth Largest CitySomerset Danang Bay will be the first international bra

  Singapore, Mar 27, 2010 - (ACN Newswire) - CapitaLand Group's wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has been awarded a contract to manage a serviced residence in Danang, the fourth largest city in Vietnam, by Korea Investment & amp; Development Co., Ltd. The latter is an established real estate consortium that specialises in commercial and residential developments across major cities in Vietnam.  

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