BIM Group is the Vietnamese conglomerate behind Regent Phu Quoc, InterContinental Phu Quoc Long Beach and InterContinental Halong Bay Resort. It started in Ha Long in 1994, and its property arm, BIM Land, develops hotels and keeps them, signing management deals with IHG, Hyatt, Ascott and others. For owners and operators, BIM Group matters because it is one of the few Vietnamese developers that build branded luxury resorts to hold, not to sell off as condotels. Its next opening, Park Hyatt Phu Quoc in December, adds a fourth international luxury flag to a portfolio that already has more than 1,000 resort keys.
Key facts
| Item | Detail |
|---|---|
| Company | BIM Group (Tập đoàn BIM); property arm BIM Land JSC |
| Founded | 1994, Ha Long, Quang Ninh |
| Chairman and CEO | Doan Quoc Huy, since 25 November 2024 |
| Founder | The late Doan Quoc Viet |
| Businesses | Real estate, renewable energy, agriculture and consumer retail |
| Land bank | 9 million sq m in Quang Ninh, Phu Quoc, Hanoi, Vinh Phuc, Ninh Thuan and Laos (BIM Group) |
| Hotel partners | IHG, Hyatt, The Ascott, Frasers, Sailing Club Leisure Group, H&K Hospitality |
| Main destinations | Phu Quoc Marina (155 ha, Long Beach); Halong Marina (Ha Long) |
Owner, not just developer
BIM’s model is to develop large mixed-use sites and keep the hotels inside them. Phu Quoc Marina, which BIM began in 2004, holds Regent, InterContinental and Sailing Club, alongside shops, a beach square and a water park. Halong Marina in Ha Long holds InterContinental, Citadines and residences.
The operator mix is deliberate. Luxury goes to IHG and Hyatt. Serviced apartments go to Ascott and Frasers. Lifestyle venues go to Sailing Club Leisure Group, in which BIM Land has now invested. That deal makes Sailing Club partly BIM’s own operator, for the hotels and venues on the Halong Marina peninsulas as well as in Phu Quoc.
BIM and IHG have signed six projects together, four of them operating, according to BIM at the InterContinental Halong Bay opening in July 2025.
The hotel portfolio
| Hotel | Location | Operator / brand | Keys | Opened |
|---|---|---|---|---|
| InterContinental Phu Quoc Long Beach Resort | Phu Quoc | IHG, InterContinental | 459 | June 2018 |
| Regent Phu Quoc | Phu Quoc | IHG, Regent | 302 | April 2022 |
| InterContinental Halong Bay Resort | Ha Long | IHG, InterContinental | 275 rooms and villas | 9 July 2025 |
| Park Hyatt Phu Quoc | Phu Quoc | Hyatt, Park Hyatt | 114 rooms and suites, 54 pool villas, one manor | Guests from 18 December 2026 |
| Sailing Club Signature Resort Phu Quoc | Phu Quoc | Sailing Club Leisure Group | Not published | Open |
| Citadines Marina Halong | Ha Long | The Ascott, Citadines | Not published | Open |
| Crowne Plaza Vientiane | Vientiane, Laos | IHG, Crowne Plaza | 198 | Open |
| Holiday Inn & Suites Vientiane | Vientiane, Laos | IHG, Holiday Inn | Not published | Open |
Key counts are from the operators and BIM’s own pages. The three open IHG resorts in Vietnam total 1,036 keys. Park Hyatt adds 168 rooms and villas.
BIM also developed Royal Lotus Halong Resort & Villas and the Halong Plaza Hotel in Ha Long, and owns Fraser Suites Hanoi, a 186-apartment serviced residence in Tay Ho. We have not verified key counts for Sailing Club Signature, Citadines Marina Halong or Royal Lotus.
What its pipeline means
Phu Quoc: luxury, not volume
Phu Quoc’s supply is heading for about 31,000 rooms by 2030, as we reported in our Phu Quoc supply analysis. Much of that is Sun Group’s large Marriott-branded build in the south of the island. BIM is going the other way. Park Hyatt has only 168 rooms and villas on a 65-hectare beach site. That is a rate play, not a volume one.
Park Hyatt is also late. Hyatt announced the deal in March 2019 as a 110-key hotel and 65 residences for 2022. The opening date has moved four years.
Ha Long: BIM’s home market
Ha Long is where BIM began. InterContinental Halong Bay Resort, opened in 2025, was the first InterContinental beach resort in northern Vietnam. BIM Land is now marketing new apartment towers in Halong Marina, including the Prima Bay twin towers. More residents and residences on the same peninsula support hotel F&B and events, but they can also feed short-term rentals that compete with hotels.
What it means for you
1. Phu Quoc luxury owners: BIM sets the rate ceiling
Our view: with Regent and Park Hyatt, BIM will hold two of the island’s highest-priced international flags. If you run upscale product on the west coast, price against them, not against the big new supply in the south.
2. Operators: BIM signs with brands it knows
IHG has signed six projects with BIM, and Hyatt has stayed with Park Hyatt Phu Quoc through a four-year delay. BIM prefers repeat partners. New brands should expect a long courtship.
3. Ha Long hoteliers: watch the residences
BIM is adding apartments and branded residences in Halong Marina. If they enter the rental pool, they will compete with hotel rooms on weekends.
4. Lenders and investors: a hold-and-operate owner
BIM builds hotels to keep. That makes it a more stable counterparty than condotel developers, but its large pipeline still needs funding. Check project-level debt before relying on the group name.
FAQ
What is BIM Group?
A Vietnamese group founded in 1994 in Ha Long, with businesses in real estate, renewable energy, agriculture and retail. Its property arm, BIM Land, owns its hotels.
Who owns Regent Phu Quoc?
BIM Land, part of BIM Group. IHG operates it under the Regent brand. See our Regent Phu Quoc profile.
Who is the chairman of BIM Group?
Doan Quoc Huy, chairman and CEO since 25 November 2024. He succeeded the late founder Doan Quoc Viet.
Which hotels does BIM Group own?
In Vietnam: InterContinental Phu Quoc Long Beach, Regent Phu Quoc, InterContinental Halong Bay Resort, Sailing Club Signature Resort Phu Quoc and Citadines Marina Halong, with Park Hyatt Phu Quoc opening in December 2026. In Laos: Crowne Plaza Vientiane and Holiday Inn & Suites Vientiane.
Who owns Park Hyatt Phu Quoc?
BIM Land. Hyatt runs it. Read our news on the Park Hyatt Phu Quoc opening.
Which hotel operators work with BIM Group?
IHG, Hyatt, The Ascott, Frasers, Sailing Club Leisure Group and H&K Hospitality, according to BIM.