The company has recently had an investment certificate approved by the Vietnamese government, allowing a large-scale casino to be built. 

The casino is planned to cover 16.2 hectares and has been approved for operating 200 gaming tables and 2,000 electronic gaming machines.

The Investment Deputy General Director of KNIR said: "It is with great enthusiasm we are adequately ready to cooperate with international casino gaming operators for the development and operation of our integrated resort in Cam Ranh, Khanh Hoa Province, Vietnam. 

"Undeniably, our strategic location and development plan will create an indispensable addition to the Pan-Asia integrated resort marketplace.”

The KNIR project spans over 800 hectares of land in Cam Ranh and is inclusive of a five-kilometre stretch of beachfront property.

It is located within five minutes of the Cam Ranh International Airport and is a 30-minute drive from Nha Trang City.