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ASIAN COAST DEVELOPMENT LIMITED LAUNCHES VIETNAMESE LANGUAGE BLOG

Ho Chi Minh City: 19 May 2011: Asian Coast Development (Canada) Limited today announced that it has launched a Vietnamese-language blog that will chart the construction progress and key milestones of its Ho Tram Strip Project.

“Our construction is moving ahead rapidly, and our blog is a tremendous way of sharing this progress with our key audiences in Vietnam and elsewhere in the world,” said Asian Coast Development Limited CEO, Mr. Lloyd Nathan.

The company has been testing an English language blog for several months and will now move all prior posts over for audiences to enjoy in the Vietnamese language.

“Feedback on our English language blog has been excellent,” continued Mr. Nathan.  “Given the level of interest in our development around the world, we have made a weekly commitment to post multiple photographs from key vantage points around the site. As time passes, this will present visitors with a superb time-lapse view of one of Vietnam's premier tourism destinations as it rises out of the ground in Ho Tram.”

“It makes for fascinating viewing,” said Mr. Nathan.  “The MGM Grand Ho Tram hotel is adding storeys rapidly – we are at work on level seven of the high rise now – and the low rise entertainment area has begun to rise from its foundations.”

In addition to three standard weekly shots, the company will regularly be posting other updates from its management, as well as photographs from key areas of the site, and a behind-the-scenes look at various areas of the initially 541 room five star hotel and 13,600 square meter entertainment area as it is built.

The MGM Grand Ho Tram – scheduled for opening in the first quarter of 2013 – in addition to the hotel and entertainment areas, will include retail, restaurants, bars, lounges, shows, conference and meeting areas, a golf course, and other leisure amenities, representing the first large-scale integrated resort development in Vietnam.  In its entirety, the Ho Tram Strip represents a $4.2 billion undertaking that covers 164 hectares of a prime beach-front location in Ba Ria Vung Tau.