Two local companies will invest US$900 million to build a top-notch tourist resort in the Dat Do district of the southern coastal Ba Ria-Vung Tau province.

The Thanh Long Tourism Ltd. Co. and the Viet Thang-Jean Ltd. Co. are waiting for a license for the largest domestic tourism project so far in Vietnam. The SEADRAGON HILL resort will include a number of five-star hotels and villas, shops, restaurants, a casino, an entertainment centre, and other facilities.

The construction is expected to begin in early 2007 and should be completed in five years.