>MGM-branded casino planned for Vietnam resort area

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>LOS ANGELES, April 21 (Reuters) – A group backed by hedge fund Harbinger Capital Partners plans to open in early 2013 Vietnam’s first Las Vegas-style casino resort in a coastal area to be called the Ho Tram Strip.

Asian Coast Development Ltd said on Wednesday that it had named Lloyd Nathan, formerly president of MGM Mirage’s (MGM.N) global gaming development, as its chief executive officer, a post from which he will oversee the project’s financing and construction.

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