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Japan’s Matsumoto Kiyoshi Holdings expanding drugstore business to Vietnam

Japan’s Matsumoto Kiyoshi Holdings expanding drugstore business to Vietnam

BUSINESS - Jul 19, 2019 | 02:42 PM GMT+7

The Matsudo-based drugstore and pharmacy chain operator will be expanding its business to Vietnam through the collaboration with Lotus Food Group Co., Ltd., as part of its proactive global development scheme.

Luxury cruises become iconic feature of Vietnam’s tourism

Luxury cruises become iconic feature of Vietnam’s tourism

LIFESTYLE - Jul 19, 2019 | 10:36 AM GMT+7

Emperor Cruises has been honoured ‘Top-notch Cruises 2019’ for its five-star all-inclusive cruise services, marking Vietnam on the global map for sumptuous cruise services available to travellers.

Ascott making inroads into Cam Ranh and Hoi An

Ascott making inroads into Cam Ranh and Hoi An

REAL ESTATE - Jul 18, 2019 | 05:24 PM GMT+7

CapitaLand’s wholly owned lodging business unit, The Ascott Limited (Ascott), is accelerating its growth globally with the signing of 26 properties mostly in Asia Pacific. Cam Ranh and Hoi An are the two new cities that the firm is now venturing into.

Pan Group to ramp up possession at Bibica to 100 per cent

Pan Group to ramp up possession at Bibica to 100 per cent

BUSINESS - Jul 18, 2019 | 11:14 AM GMT+7

The local agriculture and food company has announced its plan to purchase over 7.7 million shares of Bibica JSC, seeking to bolster its holdings at the confectionery company to 100 per cent to broaden its entire production infrastructure and productivity.

Japan’s Mikazuki to build $50-million night market in Danang

Japan’s Mikazuki to build $50-million night market in Danang

NEWS - Jul 17, 2019 | 04:50 PM GMT+7

Mikazuki Hotel Group is planning to pour an additional $50 million into the second phase of the Xuan Thieu tourism area in Danang, to set up a night market next door to Mikazuki Spa & Hotel Resort.

Taiwanese Ten Ren’s Tea quits Vietnam

Taiwanese Ten Ren’s Tea quits Vietnam

BUSINESS - Jul 16, 2019 | 02:44 PM GMT+7

The Taiwan-based tea company is going to end its operation in Vietnam in mid August after less than two years of entry.

Vinamilk, Vietcombank and PetroVietnam in top Asia100 power performers

Vinamilk, Vietcombank and PetroVietnam in top Asia100 power performers

BUSINESS - Jul 15, 2019 | 03:27 PM GMT+7

Five local enterprises have striven to the Asia300 Power Performers, with three have got to the top 100.

Vietnam cold chain logistics set to rise, expects more foreign investments to come

Vietnam cold chain logistics set to rise, expects more foreign investments to come

BUSINESS - Jul 15, 2019 | 03:27 PM GMT+7

The cold chain industry is forecast to value at $169 million in 2019, fueled by the development of processing industry and modern trade retails, according to FiinGroup.

VPBank raises $300 million under $1-billion EMTN Programme

VPBank raises $300 million under $1-billion EMTN Programme

BUSINESS - Jul 14, 2019 | 11:11 AM GMT+7

Vietnam Prosperity JSB (VPBank) has successfully issued $300-million 3-year notes to Asian and European investors within the context of its $1-billion Euro medium term note (EMTN) programme.

Ho Chi Minh City sees uptick in condo absorption

Ho Chi Minh City sees uptick in condo absorption

REAL ESTATE - Jul 13, 2019 | 11:26 AM GMT+7

New projects achieve high sold rate of over 80 per cent of launched units, despite price increase.

Toshin Development joins Edufit to build $12-million Gateway International School

Toshin Development joins Edufit to build $12-million Gateway International School

BUSINESS - Jul 12, 2019 | 05:07 PM GMT+7

The real estate arm of Japanese-backed Takashimaya and local educational services provider Edufit will jointly invest in property developer Gateway as well as in school operator Nguon Sang on a total investment of JPY1.3 billion ($11.99 million).

China’s TCL Corporation pouring cash in two projects in Quang Ninh

China’s TCL Corporation pouring cash in two projects in Quang Ninh

NEWS - Jul 12, 2019 | 10:45 AM GMT+7

The Chinese multinational electronics company is currently waiting for the investment licenses of two projects to manufacture speakers and headphones in Quang Ninh province.

Office rents keep rising in Ho Chi Minh City and Hanoi

Office rents keep rising in Ho Chi Minh City and Hanoi

REAL ESTATE - Jul 12, 2019 | 10:19 AM GMT+7

Demand is strong enough to absorb nobtable new supply.

Keppel Land partners Phu Long to develop three residential sites in Saigon South

Keppel Land partners Phu Long to develop three residential sites in Saigon South

REAL ESTATE - Jul 11, 2019 | 04:59 PM GMT+7

This is the first deal the established Vietnamese developer has inked with a foreign partner although it has developed a number of quality residential projects.

48 Vietnamese companies named best workplace in Asia

48 Vietnamese companies named best workplace in Asia

NEWS - Jul 11, 2019 | 02:45 PM GMT+7

The enterprises have made it to the 2019 winners list of HR Asia – Asia’s most authoritative publication for senior HR professionals, for their best practices and inner workings.

Northern Vietnam’s secret hideaway

Northern Vietnam’s secret hideaway

LIFESTYLE - Jul 11, 2019 | 09:59 AM GMT+7

The central hub of Cat Ba is now framed by a chain of low-rise concrete hotels along its once lovely bay, but the rest of the island is largely untouched and as wild as ever.

Indo Trans Logistics sold stakes worth $43 million to Symphony International

Indo Trans Logistics sold stakes worth $43 million to Symphony International

BUSINESS - Jul 10, 2019 | 03:49 PM GMT+7

London-listed Symphony International Holdings Limited (Symphony) has acquired a significant minority stake in Vietnam-based Indo Trans Logistics Corporation (ITL).

New hotel supply to ease room shortage in Hanoi and Ho Chi Minh CIty

New hotel supply to ease room shortage in Hanoi and Ho Chi Minh CIty

REAL ESTATE - Jul 10, 2019 | 01:54 PM GMT+7

Hotel pipeline in Hanoi and Ho Chi Minh City is expected to accelerate in the next three years, helping ease supply shortage amid rising demand from international tourists, according to CBRE.

Vingroup launches Vinpearl Air and aviation training facilities

Vingroup launches Vinpearl Air and aviation training facilities

NEWS - Jul 10, 2019 | 12:07 PM GMT+7

Vingroup is now spreading its wings further into aviation sector with the launch of an airline and other aviation training facilities.

Savills Vietnam launches Korean desk in Hanoi

Savills Vietnam launches Korean desk in Hanoi

BUSINESS - Jul 10, 2019 | 10:18 AM GMT+7

Savills Vietnam has launched its new Korean desk to assist a wide range of Korean enterprises across its full range of real estate services in Vietnam, appointing Hyojin Kim as head of Korean desk in Hanoi.

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