Business

UK investors propose resort and casino projects in Quang Ngai central province

By Tieu Phong November 03, 2017 | 07:32 AM GMT+7

UK investors hope that Quang Ngai authorities will create favorable conditions for them to seek for investment opportunities in high-end resorts including casino and other tourism services in the province.

My Khe beach in Quang Ngai province

Representatives of South Korean and UK investors had a working session with leaders of Quang Ngai Province regarding the proposal to invest in some projects including the solar power plant, led light manufacturing factory and high-end tourism and service complexes in the province.

Senior executives of the Korean business community Lee Beom Jae proposed that the provincial authorities create favorable conditions for South Korean investors to explore investment opportunities to build a chain of factories manufacturing LED lights, solar power, equipment, and transferring technology for solar power projects.

He also added that South Korean investors wanted to invest in a dairy cattle feed manufacturing plant in Quang Ngai province to export to South Korea.

Especially, Founder of the Vietnam National Entrepreneur Network (VINEN) Dinh Viet Hoa said that UK investors hoped that Quang Ngai authorities would create favorable conditions for them to invest in the high-class resort complex including casino and tourism services.

Within just 10 months of this year, Quang Ngai attracted more than 88 projects with the total registered capital of more than VND74 trillion (US$3.26 billion) including US$275 million in six foreign direct investment projects.

Hoang Huy Group to raise $79 million for Haiphong property projects

Hoang Huy Group to raise $79 million for Haiphong property projects

Business -  1 day

Hoang Huy expects revenue to exceed VND4 trillion and post-tax profit to reach up to VND2 trillion in fiscal year 2025-2026, targeting annual growth of over 30% for the next five years.

Cen Land transforms into real estate developer with bold goals

Cen Land transforms into real estate developer with bold goals

Business -  1 week

Cen Land is shifting from brokerage to development, targeting a 170% revenue increase and 424% profit growth in 2025.

Menas signs to elevate lifestyle experiences at Keppel’s properties in Vietnam

Menas signs to elevate lifestyle experiences at Keppel’s properties in Vietnam

Business -  1 month

Menas Group has entered a strategic partnership with Keppel to co-develop an integrated ecosystem of lifestyle services across Keppel’s real estate projects in Vietnam, beginning with the landmark Celesta City development in Saigon South.

Phuc Sinh secures $15 million investment from Dutch investor for sustainable expansion

Phuc Sinh secures $15 million investment from Dutch investor for sustainable expansion

Business -  1 month

Phuc Sinh’s expansion underscores Vietnam’s growing role in sustainable agriculture and its increasing appeal to global investors

PVI Asset Management and SonKim Capital partner to revolutionize real estate investments

PVI Asset Management and SonKim Capital partner to revolutionize real estate investments

Business -  1 month

PVI Asset Management (PVI AM) and SonKim Capital (SK Capital), a business unit of SonKim Group has announced a strategic collaboration to develop innovative real estate investment products tailored for institutional investors and high-net-worth individuals.

Filum AI secures $1 million amidst funding winter

Filum AI secures $1 million amidst funding winter

Business -  1 month

Filum AI has successfully raised $1 million in funding despite a challenging venture capital market, underscoring the potential of AI and shifting investment strategies.