Hospitality sector to see strong growth, says consultancy
Hoteliers are attracted to Việt Nam by a rapidly growing tourism sector, robust economic development and infrastructure investments, real estate consultancy JLL has said.
Hoteliers are attracted to Việt Nam by a rapidly growing tourism sector, robust economic development and infrastructure investments, real estate consultancy JLL has said.
Coteccons Construction Corporation (Coteccons) (CTD) plans to raise its foreign ownership ratio cap from the current 49 per cent to 60 per cent, the company said.
Regent Hotels & Resorts signed a management agreement with Vietnamese property developer BIM Group on Friday in Hà Nội to manage Regent Phu Quoc - a luxury resort and residential development on Phú Quốc Island.
State Capital Investment Corporation (SCIC) will sell 673,256 shares, or 47.23 per cent of charter capital, of Điện Biên General Services And Travel Trading Joint Stock Company.
Hong Kong smartphone producer Tecno Mobile on Thursday officially entered Việt Nam, targeting users in the middle market segment.
The centre, whose facilities were designed and built by Siemens, will remotely monitor and control the medium- and low-voltage grids in 21 provinces in the south.
The Hà Nội Stock Exchange (HNX) raised VNĐ22.3 trillion (US$980.8 million) in 16 bond auctions in June, down 6.3 per cent from the previous month.
In June alone, the country imported 324,000 tonnes of fertiliser, worth $82 million, according to the Ministry of Agriculture and Rural Development.
Việt Nam is expected to continue importing petroleum products for the next five years as production of major oil refineries is unable to meet the increasing local demand.
Sài Gòn Thương Tín Commercial Joint Stock Bank (Sacombank) on Wednesday announced the official list of candidates for board of directors' tenure 2017-2021, approved by the State Bank.
Heineken Vietnam has announced its achievements and future direction for sustainable development through the release of its 2016 Sustainable Development Report.
Vietnamese dragon fruit is being exported to 40 countries and territories, such as China, Thailand and Indonesia, according to the Ministry of Agriculture and Rural Development (MARD).
Sofitel Legend Metropole Hanoi has tapped hospitality industry veteran William J. Haandrikman to lead the 116-year-old hotel as its general manager. Haandrikman was previously general manager of Thailand’s Sofitel Bangkok Sukhumvit.
The total import-export turnover of Việt Nam has reached nearly US$200 billion in the first half of this year while the country’s trade deficit was $2.7 billion.
Deputy Prime Minister Vương Đình Huệ has ordered the extension of initial public offering (IPO) and adjustment of value of enterprises for equitising Việt Nam Southern Food Corporation’s (Vinafood 2).
Nội Bài Cargo Terminal Services (NCTS) JSC and Vietnam Airport Ground Services (VIAGS) Co., Ltd, both subsidiaries of national flag carrier Vietnam Airlines, received awards from Singapore Airlines for their excellent service for Singapore Airlines’ flights to and from Nội Bài International Airport.
The Ministry of Industry and Trade (MoIT) has joined hands with other ministries and sectors to promote the export of agri-aquatic products to Australia.
The initial public offering (IPO) of Bình Sơn Refining and Petrochemical Company Limited (BSR) in the fourth quarter of this year is expected to lure big investors, especially those with value, given the company’s mammoth capitalisation.
Việt Nam-Russia Oil and Gas Joint Venture (Vietsovpetro) has exploited 54 million cubic metres of gas and 10,000 cubic metres of condensate gas, valued at US$18 million, from Thiên Ứng field.
Việt Nam’s Dabaco Group (DBC) will transfer a part of its chartered capital in Dabaco Foodstuffs Processing Company Limited (Dabaco Food) to Kido Corporation (KDC) and DBC’s chairman of board Nguyễn Như So.