https://youtu.be/gIaiL1DZ-FQ

Relex Development and FLC Group have begun talks to construct the only yacht port in Vietnam, a missing component on the Vietnamese coast line that would attract the rich and famous to visit its shores.

Relex CEO Keith Hilden broached the subject with FLC Group during the Relexation summit, citing the opportunity as unique because the Vietnamese coastline does not have any other yacht clubs. With 2025.67 miles of coastline, the addition of a yacht port could attract the wealthy who sail their boats in the South China Sea or the Gulf of Thailand.

Relex Development and FLC Group joined forces at the Relexation summit, with partnership investments making their way to the upcoming Relex platform. Relex’s foray into Vietnam marks a reversal in the hardline policy discouraging cryptocurrency from the country.

The original idea for the yacht club was suggested by Relex’s Director of U.S. Operations, Peter Lee, a former J.P. Morgan VP. Lee said that the yacht club would be a welcome addition to the growing affluence in the area of the South China Sea, and it would draw in people to Vietnam who otherwise might seek other ports.

The above announcement is the second of thirty consecutive days of news brought to you by Relex Development.

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