The 167-Viet Nam, a joint venture between Hai Dang Construction Company and the Rockingham Asset Management, LLC of the Republic of Korea, on October 19 was granted a certificate for its investment in Van Don Economic Zone in the northern province of Quang Ninh.

The 167-Viet Nam Joint Venture Co. Ltd. is the first foreign-invested business to start up the economic zone.

It will pour 112 million USD into building and operating a 300 ha luxury beach resort, including a 27-hole golf course, a five-star 15-storey hotel, an out-door concert site, villas and mini hotels.

(Source: VNA)