According to Singaporean investor Banyan Tree, the $875 million tourism area is expected to officially open on September 1.

Two five-star hotels, the Banyan Tree resort with 120 rooms and the Angsana Resort with 320 rooms and a 18-hole golf course have been built in the first phase of the project, which started in August, 2009.

Once fully completed, Laguna Hue tourism area will be a venue of seven five-star hotels with 2,000 rooms, 1,000 villas, convention and trade centres and a golf course covering an area of 280 ha.

Vietnam Investment Review - March 21, 2012