US hotel management firm Dream Hotel Group has signed an agreement with Vietnamese company Beegreen Group to open its first Dream brand hotel in Vietnam.

The Dream Oceanami Villas & Spa, located in Long Hai, Ba Ria-Vung Tau Province, will be the first of four new resorts managed by Dream Hotel Group in Vietnam over the next two years, all of which will be developed by Beegreen Group. Future locations include Vung Tau City, Hoi An, Ho Tram and Con Dao.

Full spa details are not yet available, but will be closer to the hotel’s opening date in June 2017.

"Working with the talented team at Beegreen Group, we have the potential to create something truly remarkable in Vietnam," said Kevin Wallace, managing director for the Asia Pacific region at Dream Hotel Group. "The opening of Dream Oceanami is just the beginning."

The company has plans in place to open more than 30 destinations in Asia over the next four years across all of its brands (Dream, Time, The Chatwal and Unscripted).

Earlier this year, Dream Hotel Group announced US$1.5bn (£1.2bn, €1.4bn) worth of investment in new developments for the Dream brand globally, including Doha, Qatar – the company's first foray into the Middle East.