The organising committee said the tournament was open to players aged 35 and over.
More than 200 players from 20 countries and territories will compete in age and handicap divisions with four rounds of the 72-hole Stableford at Da Nang Golf Club in Da Nang city and Montgomerie Links in Quang Nam Province.
The shotgun first round will start on September 7 and the final and the award ceremony will be held on September 11, with a total prize money of US$10,000.
The championship, which has been held in Australia, New Zealand and Thailand over 20 years, will be hosted for the first time in Vietnam.
Accor's Chief Operating Officer and golf enthusiast Patrick Basset said it was an honour to take part in such a major golf event.
"We are excited to break new ground in our sports involvement in Vietnam, with the launch of the Accor Vietnam World Masters Golf Championship 2015.
"This tournament will welcome hundreds of golfers and onlookers, for playing at Da Nang's world-class golf courses, while pampering themselves in our best-in-class hotels.
"The ultimate objective of this tournament is to introduce Da Nang as a premium golf destination and to bring attention to the accommodation, facilities and golf itineraries that are second to none in this region."
The all-inclusive tournament package boasts accommodation for six nights, four rounds with caddies and carts, nightly social events with food, beverages and entertainment, as well as welcome and presentation dinners and player packs with tournament shirts, personalised caddie bibs and country flags.
There will also be attractive events and day-tour options for non-players in Hoi An, My Son and in destinations in Da Nang and Quang Nam Province.