HANOI, VIETNAM - Media OutReach - 25 February 2020 - On February 20, 2020, Vinpearl JSC
announced its strategies to expand international markets to many countries and
regions in addition to comprehensive cooperation with domestic airlines and
provide premium travel service packages. Its strategic goal is to
contribute to the growth in number of domestic and international visitors to
Vinpearl system in particular and to Vietnam in general.

According to
this plan, Vinpearl will establish its representative offices in strategic
markets to promote tourism products and develop business directly. The first
markets to be deployed in this plan include: Russia, Australia, Japan, South
Korea and China. Other potential regions such as Europe, the US, Canada and
Southeast Asian countries, etc., are also included in the its strategy for diversification
of the tourist markets and expansion of Vinpearl brand's
global influence in 2020.

In particular,
Vinpearl Travel Russia (a member of Vinpearl JSC) will officially open the sale
of air-travel service packages from Moscow to Nha Trang (Khanh Hoa province,
Vietnam) from February 20, 2020. Vinpearl will market to Russian
travelers its premium all-in-one travel services in Vietnam including: flights,
resort travel - entertainment, sightseeing and insurance services, etc.
Vinpearl also chooses to combine with the most prestigious partners to ensure
world-class 5-star service standards for travelers such as Vietnam Airlines as
its flight partner and Ingosstrakh - one of the largest insurance companies in
Russia as its insurance partner.

In its
comprehensive strategy with airlines, Vinpearl cooperates with domestic
airlines to provide domestic and international flights to destinations with Vinpearl
resort and entertainment facilities in Nha Trang, Phu Quoc, Da Nang and South
Hoi An.

In Vietnam,
Vinpearl is reaching agreements on launching a comprehensive cooperation
program with domestic airlines to introduce the most diverse all-in-one
vacation packages on the current market. Specifically, Vinpearl and its
partners will provide domestic flight - resort - entertainment services from
major cities to Vinpearl and between destinations within Vinpearl network in
Nha Trang, Phu Quoc, Da Nang and South Hoi An, etc. This strategy will bring
visitors many service and destination options that suit their needs and
interests while ensuring affordability.

Particularly for
the Russian market, Vinpearl and its flight partner - Vietnam Airlines will
open 8 recurring routes to connect 4 cities of Russia including Moscow,
Vladivostok, Novosibirsk and Ekaterinburg with Nha Trang and Phu Quoc - the two
largest tourist destinations in Vietnam. Vietnam Airlines is expected to
operate at least 168 flights per year, serving 50,000 Russian passengers to
Vietnam with separate travel service packages. The first flight from Moscow
(Russia) to Nha Trang will depart on March 12, 2020.

Vinpearl's
initiative in diversifying services and products besides expanding international
tourism market share and strengthening cooperation links to attract
international and domestic tourists will not only increase its competitiveness
but also enable it to meet the increasing demands of the market, providing
perfect all-in-one services and contributing to create momentum for recovery
and strong development of Vietnam's tourism
industry. 

Currently,
Vinpearl is the largest resort-entertainment service system in Vietnam with 45
facilities in 17 provinces and cities, including 35 hotels with a total
capacity of more than 17,200 hotel rooms and villas; 4 amusement parks, 2
Vinpearl Safari animal care and conservation parks and 4 golf courses, etc.