Representatives from Masterise Homes (Tran Quoc Hoai and Nguyen Huong Lien back left; Jason Turnbull front left) and from Marriott International (Justin Malcolm second from right, Scott Hodgetts right, and Ha Quoc Minh front right) joined honoured guests Alexander Tatsis from the US Consulate General (third from left) and Mary Tarnowka from AmCham (fourth from left) The branded residences experience, as seen in many developed real estate markets, offers tremendous opportunities in Vietnam amidst rising demand for alternative residential products that offer the next level of luxury living. The joint effort of the two entities – each bringing their impressive experience and expansive expertise in property development and hospitality management – is expected to bring a new ultra-luxury residential product concept of branded residences to Vietnam, elevating and changing the local landscape of residences to truly global luxury standards. … [Read more...] about Ultra-luxury residences hit Vietnam
Asean countries economic growth
Co-working space expects huge rise in demand
Hanoi (VNA) – Many businesses have struggled due to the COVID-19 pandemic, but co-working spaces have bucked the trend and are expected to expand in the coming time, fuelled by companies seeking flexible leasing contracts, according to Savills experts. Director of Savills Hanoi Matthew Powell said co-working spaces that provide flexibility for various kinds of businesses will develop, explaining it is sparked by the outbreak as well as demand for communication and exchange within the firms. Meanwhile, structural changes in the retail sales sector have added a certain number of spaces for the office market, he said, flexible office models could branch out in tandem with the retail sales market since they revolve around shared amenities such as public transport, parking lots, restaurants, and entertainment. Shared office space is normally operated under month-to-month leasing contract. However, the market saw strong surge in demand for this kind of office, and most of which … [Read more...] about Co-working space expects huge rise in demand
Withdrawal of tour operators’ licenses surges in 2020
To support tour operators overcome the hardships caused by the pandemic, the Ministry of Finance introduced a new regulation reducing the fees of appraisal for licensing travel businesses and for issuing accreditation cards to tour guides by 50% from January 1, 2021. … [Read more...] about Withdrawal of tour operators’ licenses surges in 2020
24 hours to capture Y Ty in snow
ONCE IN A WHILE: The rare image of the terraced fields with soft snowflakes draws tourists, some even fly up from HCM City to capture the rare beauty ICED OUT: A lone tree has been frozen top to toe, a rare scene in a sub-tropical country. At 6am, the temperature was -4 degree Celcius. We ventured out as it seemed warmer outside. … [Read more...] about 24 hours to capture Y Ty in snow
Top leader holds phone talks with new Secretary General of LPRP
During the talks, Trong congratulated the LPRP on the successful organization of the 11th National Congress and Sisoulith on his election to the Party General Secretary post. He expressed his hope that under the leadership of the LPRP and General Secretary Sisoulith, Lao people will gain greater achievements in the national building and defence and renewal cause. Sisoulith, in turn, thanked Vietnamese leaders for sending congratulatory messages to the LPRP and him, and briefed Trong on the outcomes of the just-ended 11th National Party Congress of Laos. He also showed his belief that under the leadership of the Communist Party of Vietnam, the country will reap more fruits and successfully organise the upcoming 13th National Party Congress. The Vietnamese leader spoke highly of the outcomes of Laos’ 11th Congress, stressing that this is an important milestone in the country’s development process and a great encouragement for Vietnam during its preparation and … [Read more...] about Top leader holds phone talks with new Secretary General of LPRP