World legendary golfer Greg Norman signs $100 million agreement with Novaland
By Quynh Chi
December 07, 2018 | 07:49 AM GMT+7
Novaland Group has signed a partnership with Greg Norman Golf Course Design to develop four golf courses under the Greg Norman brand within the framework of the 2018 Viet Nam Travel and Tourism Summit held in Hanoi yesterday.
The signing ceremony between Greg Norman and Novaland CEO
Under the agreement, Novaland Group will develop four Greg Norman golf courses in Can Tho, Ba Ria - Vung Tau, Phan Thiet (Binh Thuan) with the total investment value of $100 million.
The first golf course designed by golf legendary Greg Norman will be launched in Phan Thiet in the first quarter of 2019.
According to a representative of Novaland Group, this is a new step to help the localities to develop the image of destinations associated with the high-end customers who are golfers coming from all over the world.
Born in 1955, Gregory John Norman is an Australian professional golfer and entrepreneur with 331 weeks ranking first on the Official World Golf Rankings in the 1980s and 1990s.
Known as The Great White Shark, he has won 91 international tournaments, including 20 PGA Tour tournaments and two majors namely The Open Championships in 1986 and 1993.
Norman has worked in Vietnam for 12 years. His company Greg Norman Golf Course Design has opened a number of golf courses, most notably The Bluff Ho Tram Strip in Ba Ria-Vung Tau province. The third one called KN Golf Links opened for play a few days ago.
Daniel Grassi, a representative of Greg Norman Golf Course Design states that Greg Norman chose to cooperate with Novaland Group as the latter is one of the largest real estate corporations in Vietnam. The company has also proved its motivation and passion for tourism development in the country and in the region.
He also highlights the potential of golf tourism in Vietnam. The golf tourism market currently occupies only 0.5 per cent of the total number of international tourists. With this cooperation, the two sides expect this number would double next year.
At the 2018 Viet Nam Travel and Tourism Summit, Novaland also signed a cooperation agreement with Minor Hotels Group in managing the operation of seven resort hotels with more than 3,500 rooms.
Accordingly, Minor Hotels Group will manage seven resorts developed by Novaland in Ho Chi Minh City, Vung Tau, Phan Thiet, Cam Ranh.
According to Chief Executive Officer of Minor Hotels Group Dillip Rajakarier, Vietnam has a great potential for attracting local and international tourists with stunning sceneries, and cultural specialties.
"The partnership with Novaland will create a special product for the customers of Minor's Avani brand," said Dillip Rajakarier.
Doan Van Binh, Chairman of CEO Group and Vice President of the Vietnam National Real Estate Association, introduced his latest book, “Vietnam Real Estate for Foreigners,” at a launch event in Hanoi on Friday.
Acting for increased women’s participation and leadership in climate action, Vietnam can accelerate a transition that is more inclusive, just, and impactful.
The "Steam for girls 2024" competition provides a creative platform for Steam and an opportunity for students to connect with peers from various regions within Vietnam and internationally.
The Politburo on Wednesday supported a plan to invest in a high-speed railway along the country’s North-South axis, marking a crucial step for the multi-billion-dollar project aimed at boosting economic growth and infrastructure development.
Vietnam's electric vehicle market, holding just 15 per cent of the automotive market share, shows promise but faces significant challenges in scaling up due to infrastructure and regulatory obstacles.
