Vietnam hopes the Australian House of Representatives under the leadership of Speaker Anna Burke will pave the way for Australian businesses to pour investment into Vietnam and Ho Chi Minh City in particular.
Joe Jackson, father of the king of pop music Michael Jackson, landed at Tan Son Nhat International Airport in Ho Chi Minh City at 23pm yesterday and is scheduled to sign a $2 bln tourism project.
As an independent investor, he is set to be one of the signatories to a project to build a five-star, 1,000-room hotel covering 15 ha in large-scale Happy Land amusement park worth around US$2 billion located in Ben Luc District in southern province of Long An, 20 minutes away from Ho Chi Minh City.
Newswire VnExpress quoted Joe Jackson as saying that he loves discovering different cultures worldwide and he is interested in tourism and environmental projects.
He said he finds Vietnam a profitable investment destination.
According to Ho Chi Minh City-based Khang Thong Group, Happyland is a project of complex entertainment district, with an area of 338ha in the first phase and 350ha in the second phase.
Considered the largest entertainment district in Southeast Asia, Happyland is designed to attract 14 million visitors each year and expected to open on April 24, 2014.
Happyland will boast many different constructions such as a theme park, resorts, hotels, high-class villas, simulated cities, among others.
Joe Jackson, 72, is an American manager, former boxer and former musician best known as the father of American entertainers Michael Jackson and Janet Jackson, and the creator and manager of The Jackson 5, a Motown group comprising several of his children.
In the mid-1950s, Joseph started a music career with his brother Luther, playing guitar in a band called The Falcons.
Joe Jackson and chairman cum CEO of Khang Thong Group
Photos by VnExpress