According to Savills World Research 2019, there are more than 420 branded residence schemes globally. Marriott International is the world’s biggest player in the branded residences sector. With 100 branded residences across 25 countries, Marriott International brands represent one in every four operational projects globally. The company leverages 15 of its 30 leading brands for branded residential projects, with Marriott, JW Marriott, Ritz-Carlton, St. Regis and W accounting for nearly 70 per cent of today’s operational developments. … [Read more...] about Ultra-luxury residences hit Vietnam
Asean economic community blueprint 2025
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
Hanoi buses keep losing passengers
Nam said the company is struggling due to market slump. In 2020, Hanoi bus had to cut 80 percent of the trips from March 22 and stop operating from April 1 to April 22. It had no income during the said period yet still had to pay for the operating cost and other expenses. … [Read more...] about Hanoi buses keep losing passengers
Masterise Homes brings the customer-centric philosophy to Hanoi
In today’s competitive market, projects stand out from competitors by focusing on location, design, and facilities, but often overlook service quality – which is the key factor in helping to please even the most fastidious customers. For the modern Vietnamese person, a home is not only an asset but can also be a validation of status. In the context of a rapidly-developing society and strong globalisation, real estate buyers are demanding more and more added value for their homes. … [Read more...] about Masterise Homes brings the customer-centric philosophy to Hanoi
24 hours to capture Y Ty in snow
White snow transforms Y Ty Commune into European-style village With white snow falling on many roads throughout Y Ty Commune in Bat Xat District of Lao Cai province, local residents were reminded of beautiful images of Europe, although this was the first time in living memory that snow has come to the area. … [Read more...] about 24 hours to capture Y Ty in snow