The Vietnam Chess Federation is organizing the 1st HDBank Cup Open Chess tournament 2011 which to be held from 03 to 10 January 2011 in Ho Chi Minh City, Vietnam.

1. Schedule:
03 January     12.00     Arrival
19.00      Technical meeting
04 January     08.30     Opening Ceremony
09.00     Round 1
15.30     Round 2
05 January      09.00     Round 3
15.30     Round 4
06 January     09.00     Round 5
07 January     09.00     Round 6
15.30     Round 7
08 January     10.00     Round 8
09 January     09.00     Round 9
18.00     Closing Ceremony
10 January     before 12.00     Departures

2. Time control:
The tournament shall be conducted as a Swiss System competition of 9 rounds and will be played according to FIDE regulations. The time control is 90 minutes for the whole game with an addition of 30 seconds per move starting from move one.
Draw offers below 30 moves shall not be allowed.
Pairings will be made by Swiss Manager.

3. Prize fund:
Twenty five thousand U.S. Dollars (US$25,000) in cash prizes shall be awarded:
1st     $6,000
2nd     $4,000
3rd     $3,000
4th     $2,000
5th     $1,000
6th     $800
7th     $700
8th     $600
9th to 10th     $500 each;
11th to 20th     $250 each;
Women only:     1st $1200; 2nd $800; 3rd $500; 4th $300; 5th to 6th $200 each.
Special prize:     Best U16 $100 and U12 $100

Cash prizes shall be shared equally among tied players. Players not present at the Opening Ceremony shall be fined 5% of their prize. The champions should be present at the closing ceremony. Players not present at the closing ceremony shall be fined five percent (5%) from their prize.

For trophies (Top 3 Standings), ties will be decided by Tiebreak: Buchholz, followed by Sonneborn- Berger; Number of Wins with the Black pieces.