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Update news Ho Tram Strip
Experts say that casinos are no longer attractive to foreign investors but appear to be a promising field for Vietnamese enterprises.
VietNamNet Bridge - Investors are rushing to apply for new licenses and resume projects on racecourses and casinos, but experts say Vietnam should not grant too many licenses in the field.
VietNamNet Bridge – The new collection of designer Vo Viet Trung made a special impression when the designs were combined with high-end gold jewelry.
ACDL, the Canadian investor of the mammoth $4.2 billion Ho Tram resort project, has stated that it received the new investment license on April 4. ACDL’s Managing Director Nathan Lloyd said this was a “great day” of the project.
The Ho Tram Strip casino has been licensed by the Vietnamese government. The casino will be opened soon, only for foreigners, announced the project investor, Asian Coast Development Company.
Opinions from the well-informed circle said MGM has withdrawn from Ho Tram Strip because of the problems with the casino - a project component. What’ll be the project like in the post-MGM period?
The investor and the rich Vietnamese once dreamed of having a Vegas in Vietnam by developing the Ho Tram resort project. However, the “Ho Tram dream” has been become far away as MGM has decided to quit the project.