VietNamNet Bridge - Foreign investors hold a stake in about 60 percent of 5-star hotels in Hanoi and HCMC, and are continuing to pour money into the profitable hotel sector. A survey conducted by VnExpress found that of 19 5-star hotels located in the most advantageous positions in HCMC, 10 hotels are foreign invested. The market approach preferred by foreigners is to acquire enough shares to have the right to control the hotels. Investors in Hong Kong, Singapore and South Korea have been increasing their presence at many high-end luxury hotels in HCMC. Keck Seng Investments is the best known Hong Kong investor which invests in two 5-star hotels in HCMC. The real estate tycoon of the Fragrant Harbor holds 64 percent of shares in Sheraton and has 25 percent of interests in Caravelle hotels. RELATED NEWS Vietnam hotel market attracts foreign investors Da Nang improves hotel competitiveness Kim Mai … [Read more...] about Who are the owners of 5-star hotels in HCM City and Hanoi?
Hotel in hcm city
Oktoberfest, the biggest annual German food and beer festival, will take place Wednesday evening (October 4) at the Windsor Plaza Hotel in HCM City. Oktoberfest, the biggest annual German food and beer festival, will take place Wednesday evening (October 4) at the Windsor Plaza Hotel in HCM City. — Photo thethaovanhoa.vn The German cultural event is held to introduce local residents to German food and customs. The special eight-day programme will present authentic German cuisine known the world over, including sausages, sauerkraut, pork knuckles and pretzels, as well as premium German beers, all imported from Germany. Other entertaining activities of Oktoberfest will include live traditional Bavarian music and dance, traditional exciting games and lucky draws. This year will welcome Partenkirchner Musikanten, a traditional Oktoberfest band from Germany which has played concerts worldwide. From beer … [Read more...] about Oktobefest kicks off today in HCM City
VietNamNet Bridge – The second annual Viet Nam International Latin Fiesta will be held at Kim Do Royal Hotel in HCM City from June 24-26. The event will feature performances, workshops and social dances. The international lineup will include performers Garry Portugal and Emily Navarra from the US, Ryoko Ohara from Japan, Tze and Dalena from Singapore, Alex and Saori from Thailand, Azzura from Malaysia, Tricia Liu from Taiwan, and Viet Nam’s Ngoc Nam and Bich Ngoc. Music will be played by DJs Rafael from Singapore, Selva from Malaysia, and Nam of Viet Nam. More information on the event can be found at vietnamilf.com or contact [email protected] The venue is at 133 Nguyen Hue Boulevard in District 1. related news Viet Nam wins gold, bronze in Latin dancing VNS … [Read more...] about International Latin Fiesta back in HCM City
A two-day exhibition, titled "Angel hand - Golden heart", will take place on June 23rd at the Continental Saigon Hotel in HCM City. The exhibition displays artificial hands of more than 40 celebrities, such as Professor Tran Van Khe, composers Pham Duy, Tran Tien and Nguyen Anh, writer Nguyen Quang Sang, writer Nguyen Nhat Anh, People's Artist Le Thuy, and Meritorious Artists Kim Cuong and Thanh Loc. These artificial hands were made from a special material with precise fingerprints and lines of hands. Each of these artistic works is unique. In this event, the organizing panel will hold a program, "Selling celebrities' artificial hands - Raise funds for poor patients", with the participation of over 300 entrepreneurs. The proceeds will be given to the program of the Youth Newspaper, "Help young cancer patients - Thuy's dream". Source: TTVH Translated by Quynh Trang … [Read more...] about “Angel hand – Golden heart” exhibition in HCM city
HA NOI (VNS)— South Korea's flag carrier Asiana Airlines said that it will buy a 50 per cent stake in the Kumho Asiana Plaza Sai Gon commercial centre and hotel complex in HCM City from an affiliate. The 50 billion won (US$47 million) acquirement will be carried out this month, according to the carrier. The US$225 million centre is located at 39 Le Duan Boulevard, District 1, and consists of a 21-story five-star hotel with 300 guest rooms and three 32-story office and apartment buildings. Kumho Asiana Plaza Sai Gon is a joint venture between Kumho Engineering&Construction, with a 65 per cent stake, and two local partners - Saigontourist and HDSC - with a combined 35 per cent per cent. Both Asiana Airlines and Kumho Engineering&Construction are owned by Korean Kumho Asiana Group.-VNS … [Read more...] about Asiana Airlines to buy 50% stake in HCM City shopping centre