High-rise project by Hanoi's West Lake rejectedThe authorities of Hanoi have rejected the proposal to build a 36-storey hotel near the West Lake as it exceeds the permitted height in the area. This location was occupied by the Thang Loi Hotel. In 2015, Thang Loi Hotel JSC and Hilton Worldwide Group signed an agreement to renovate and transform Thang Loi Hotel into Hanoi Hilton Westlake. However, in accordance with the ministerial-approved master planning, high-rise buildings are banned around the West Lake. In 2014, the BRG Group acquired a large amount of stake in Thang Loi Hotel but the details of the transaction were not disclosed.

Source: VietNamNet News May 03, 2018 08:15 UTC