Sands Expo and Convention Center, own by Las Vegas Sands. Photo: sands.com
The U.S.-headquartered Las Vegas Sands Corp. (LVS) is planning to develop an integrated resort in Ho Chi Minh City
to capitalize on growing foreign arrivals to the country, according to the Vietnam News Agency.
LVS plans to build luxury hotels and Meetings, Incentive, Convention and Exhibition (MICE) facilities that can serve as venues for conferences and exhibitions in the city, LVS’ Managing Director of Global Development George Tanasijevich told municipal government officials at a recent meeting.
If developed, the LVS facilities will draw more foreign tourist arrivals to Vietnam’s largest economic hub that reached five million last year, said Tanasijevich.
Nguyen Thanh Phong
, chairman of the municipal People’s Committee, pledged to facilitate the U.S. firm to carry out the project.
Back in 2011-2012, LVS unveiled a plan to build an integrated resort in HCM City, following the Marina Bay Sands in Singapore, with a casino
included, according to Reatimes.