Markets

Cong Phuong’s market value rises to EUR200,000 This increase comes following Cong Phuong signing a one-year deal with Belgium side Sint-Truidense FC in July. Before signing to the Jupiler Pro League team the forward’s estimated market value was at EUR150,000, approximately VND4 billion. The current estimated transfer value of Cong Phuong is equal to that of HAGL FC midfielder Xuan Truong, although it still lags EUR100,000 behind Muangthong United’s Vietnamese goalkeeper Dang Van Lam. Van Lam’s market value is estimated to be at EUR300,000 or nearly VND6 billion. These three Vietnamese players alone helped to increase the estimated market value of the Vietnamese national team from EUR1.55 million to EUR1.60 million. Elsewhere, despite receiving an annual salary of EUR436,000 before tax, Dutch side SC Heerenveen’s new signing Doan Van Hau has an estimated market value just EUR150,000, according to Transfermarkt. … [Read more...] about Cong Phuong’s market value rises to EUR200,000

Cai Rang Floating Market is one of the stunning attractions in the Mekong River Delta. Located on the Cai Rang river, 6 km from Can Tho city, the Cai Rang floating market is one of the most popular sites in Can Tho. Visitors need only 30 minutes to go from the Ninh Kieu port to Cai Rang by boat. One of the three most popular floating markets in the Mekong Delta, Cai Rang is always crowded with buyers and sellers aboard hundreds of junks and motor boats mingling on the water since early dawn. Normally, gloating markets are open from 3 a.m. to 9 p.m. but in the weeks before the Tet holiday, the markets are open all day. At the Cai Rang market, tourists photograph the many boats full of fruit and other produce, sample the great variety of food specialties of the Mekong region, and visit one or two of the floating cafes and pubs. The vendors hang their products on a pole so customers can see them from a distance. The Rough Guide calls the Cai Rang Floating Market one of the ten most … [Read more...] about Floating markets – a typical cultural feature of the Mekong region

Việt Nam will be a new key market for the designer residences of UK firm YOO Worldwide. Photo courtesy of the company Viet Nam News HCM CITY– British designer residence and hotel brand YOO Worldwide has set its sights on Việt Nam as a key new market following the recent launch of its new regional headquarters in Southeast Asia. The company is planning to introduce its “out-of-the-box” place-making concepts in Việt Nam, which it described as an exciting emerging destination and a hot ticket for tourism and real estate developers. It will offer its design-led services to high-end property developers while its partnership with ONYX Hospitality Group will create opportunities for hotel projects under two distinctive hotel brands, YOO Collection and Yoo2. It now has 81 projects in 36 countries and a number of hotel management and design projects in the pipeline. “YOO is very excited about the potential for growth in Việt Nam,” Rich … [Read more...] about YOO eyes Việt Nam as key market for designer residences

Fresh: The Sunday Organic Market will be held weekly from 10am to 2pm from January 27 to July 21 at Zu Zu on 48A Trần Ngọc Diện Street in HCM City’s District 2.Viet Nam News HCM CITY — The Sunday Organic Market will be held weekly from 10am to 2pm from January 27 to July 21 at Zu Zu on 48A Trần Ngọc Diện Street in HCM City’s District 2. The organic market will offer visitors a selection of fresh organic vegetables and fruits from the Central Highlands province of Đắk Lắk and Đà Lạt City. Working closely with the local groups of farmers, the owners will choose the best seasonal products, which might be slightly different every week. Premium free-range eggs, semi-milled rice and organic coffee from Zu Zu will also be for sale. Plastic bags will not be used at the market. — VNS … [Read more...] about Sunday Organic Market at Zu Zu

There is ravenous appetite for M&A dealmaking in the insurance market Global insurance companies are vying with rivals to buy the Singaporean and Vietnamese businesses of Britain’s Aviva in a deal likely to be worth $2.5 billion. Aviva set foot in Vietnam in 2011 through a joint venture with VietinBank. In April 2017, Aviva bought out VietinBank from the insurance company in Vietnam, as well as signed an 18-year exclusive agreement for distributing life insurance products through VietinBank. So, if the M&A deal is completed, VietinBank will have to co-operate with a new partner. Asia’s fast-growing economies and its relatively low penetration by insurance make the region a promising market for global insurers – the regional market, worth $1.7 trillion in premiums, is expected to account for 42 per cent of global premiums by 2029 from about a third currently, a Swiss Re Institute report showed. However, some overseas insurers have been struggling to scale … [Read more...] about Insurance market heats up with series of great deals