A US$220-million racecourse, the first international-standard course in the country, will be built in the southern province of Binh Duong next to Ho Chi Minh City.

The racecourse is part of a US$350-million entertainment project covering 250 ha. It will be built by local Binh Duong Import-Export and Production Company and VITCO of the Republic of Korea under an agreement signed on May 29.