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Tien Phuoc Co. Ltd. and 990 Co. Ltd. held a topping out ceremony for Le Meridien Saigon, a mixed-use project with a five-star hotel and a grade A office building on Ton Duc Thang Street in downtown HCMC. Once in place by late 2012, the project will provide the market with 350 hotel rooms and nearly 14,000 square meters of office space. Starwood Hotels & Resorts Group will manage the Le Méridien Saigon Hotel.