Monday, August 08, 2022

Philip Falcone meets with minister of planning and investment


The Grand Ho Tram principal investor Philip Falcone met with Vietnam’s minister of planning and investment during his visit to the United States.

According to a press release, during the meeting, Falcone discussed the steps to expand development of The Grand Ho Tram and increase investment in the region, while the Minister provided his perspective and advice on how The Grand can build upon its success to date and attract greater domestic and international tourism to the Ba Ria-Vung Tau Province.

Falcone also confirmed his commitment to complete an additional 559-room tower – dubbed The Beach Club – which will also be accompanied by expansive entertainment amenities, and the development of a 1,000-key beachside condotel at The Grand Ho Tram during the meeting. 

He also announced that he is in talks with Vietnamese partners around the development of a charter airport approximately 15 kilometers from the resort that could serve to further enhance access and draw in additional visitors to the province.

Following the conclusion of the meeting, Falcone remarked, “I am deeply grateful for Minister Dung’s time – I look forward to continuing The Grand Ho Tram’s role as a partner of the Vietnamese government in the tourism industry and broader socio-economic development objectives.”

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