Lloyd Nathan, chief executive officer of Canada's Asian Coast Development Limited (ACDL), announced on January 16 that the first phase of the MGM Grand Ho Tram Beach project has been completed.

The five-star MGM Grand Ho Tram resort has 541 luxury guest rooms, world-class conference halls, a modern gaming area, a luxurious spa, an entertainment area, three outdoor swimming pools, and shopping malls.

The second phase of the project, which started in October 2012, includes building a new tower containing 559 additional guest rooms and installing state-of-art gambling facilities in entertainment areas.

Covering more 164 hectare in the southern province of Ba Ria-Vung Tau, the Ho Tram resort is designed to have 1,100 guest rooms, a series of luxurious restaurants, VIP areas, and a professional golf court with tourism and entertainment services stretching 2.2km along the coastline.

Following trial services for more than 600 customers last weekend, the resort is expected to welcome more tourists after its officially inauguration.