MGM Grand Ho Tram will anchor a us$ 4.2 billion resort complex being built along the South China Sea beaches about 128 km from Ho Chi Minh City. The hotel will have 1,100 rooms, a gaming area, luxury retail, live entertainment stages and beachfront recreation.
"MGM Grand Ho Tram’s prime beach-front location affords us an even greater opportunity to provide our guests with a spectacular experience," Lloyd Nathan, executive vice president of MGM Mirage Global Gaming Development said in a statement released Tuesday. He said the resort will be "a showplace for the further development of high-end international tourism in Vietnam."
Asian Coast Development Ltd. has broken ground on the resort, which is expected to open in 2011. It will be surrounded by a Greg Norman-designed 18-hole golf course.