The Grand Ho Tram to be rebranded as InterContinental Grand Ho Tram within a year, while the new build Holiday Inn Resort Ho Tram Beach to open in 2020.
Hong Kong-listed Suncity Group Holdings Limited has announced that the first phase of the Hoiana project, a resort featuring a casino, hotel and golf course, is anticipated to complete no later than the first quarter of next year.
Philip Falcone, founder of Harbinger Capital which is a principal investor in the US$4.2 billion Grand Ho Tram Strip in Ba Ria-Vung Tau province, believes U.S. investment will continue to grow in Vietnam as the government continues to implement tough but necessary reforms and takes further steps to ensure a level-playing field for foreign companies.