Archive for the ‘Dong Thap’ Category

Vietnam | Giant plans Giant casino resort in Dong Thap

Thursday, October 9th, 2008

Wow…how in the world did I miss these articles?  I must have been too busy watching my nest egg evaporate over the past two weeks.  Good thing I got friends like Dewet out there sending me great stuff like this:

Giant looks to tread through casino gold

Malaysia’s Giant Group is looking to build a colossal hotel, residential and recreational complex in southern Dong Thap province.

An official of Dong Thap Planning and Investment Department (DPID), said the foreign investor had proposed to locate its US$4-5 billion project in the province’s Dinh Ba border-trade economic zone.

The 200 hectare proposed initiative on the border with Cambodia, will also feature casinos -a sensitive investment field in Vietnam.

The DPID official said that casino related businesses are appraised on Vietnam’s investment criteria, which includes financial scales and selective locations.

In March this year, Canada’s Asian Coast Development won a licence to develop the US$4.23 billion Ho Tram resort with casinos in the southern tourist hub of Ba Ria Vung Tau province.   (more…)