Hanoi (VNA) - The 2021 Grand Ho Tram Chess Tournament is set to take place from March 10-17 at The Grand Ho Tram complex in the southern province of Ba Ria-Vung Tau.

It is the first competition for international Grandmasters hosted by Vietnam, organised by the Vietnam Sports Administration under the Ministry of Culture, Sports and Tourism and The Grand Ho Tram.

The event is expected to draw 22 Vietnamese Grandmasters, eight of them female, who have an Elo rating of between 2200 and 2400 awarded by the international chess governing body FIDE.

Each male contestant will play seven matches while their female counterparts will compete in a round robin format.

The winner of men’s contest will walk home with a prize of 200 million VND (8,640 USD) while the female champion receives a prize worth 100 million VND./.