Let X be a real or complex Banach space and let U be a Banach space with an unconditional basis. We show that the projective tensor product of U and X, U<8>X, has the complete continuity property (respectively, the analytic complete continuity property) whenever U and X have the complete continuity property (respectively, the analytic complete continuity property). More general versions of these results are also obtained. Moreover, the techniques applied here to the projective tensor product, can also be used to establish some Banach space properties of the Premlin projective tensor product.