Over 90 players from 16 nations worldwide will participate in the 4th HDBank Cup Open Chess Tournament in Ho Chi Minh City between March 10th and 16th, according to a press conference at the headquarters of HDBank – the sponsor for the tournament.

Noticeably, top Vietnamese chess player Le Quang Liem, who has been studying in the US, along with local outstanding others, will take part in the event.

According to Deputy Director of the HCM City’s Department of Culture, Sports and Tourism Mai Ba Hung, the coming tournament will be very attractive, thanks to the participation of some international grandmasters with Elo ratings of over 2,700.

Competitors will play 9 rounds under the round-robin format of the Swiss system.

Winners are set walk away with a bonus of US$ 35,000. Of which, the champion will pocket US$ 12,000, while the runner-up and third place claim US$ 5,000 and US$ 3,000, respectively.

Also at the conference, HDBank pledged that it would continue to sponsor the event in the next five years.

Source: TTO

Translated by Pham Huy