Vietnam’s potential as a high-end tourism destination can be seen in the growing number of five-star resorts, world-class golf courses, and luxury spas throughout the country. You can take luxury cruises, private chartered flights, and bask in the splendour of suites at stunning locations. With a string of such luxurious spots, Vietnam is an emerging destination for high-end tourism and attracts travellers from all over the world. Once considered more of an exotic destination for backpackers or adventure-seekers, Vietnam is now attracting a different kind of tourists with a growing amount of high-end options. There is plenty of consensus in the industry. Reputed travel magazines such as Sphere, Conde Nast Traveler, and Travel and Leisure all agree that Vietnam can now offer luxury travel experiences with world-class cuisine and high-class hotels in the world, not to mention the country’s rich cultural heritage, breathtaking natural beauty, and awesome food scene. Luxury … [Read more...] about Five adventures for your bucket list
Large numbers list
The Ministry of Natural Resources and Environment is seeking to remove scrap parts used for manufacturing from allowed import lists (Photo: VNA) Hanoi (VNA) – The Ministry of Natural Resources and Environment (MoNRE) is seeking to remove scrap parts used for manufacturing from allowed import lists which either contribute to polluting the environment or can be supplied locally, as specified in Decision No.73/2014/QD-TTg. Deputy Minister Le Cong Thanh told a press conference, held in Hanoi on July 17, that this decision would help prevent Vietnam from becoming a destination for scraps from other countries, and was in response to recent concerns about the large backlog of scrap imports in the country. The proposal has been sent to Prime Minister Nguyen Xuan Phuc, Thanh noted Furthermore, Vietnam needs to focus on developing and importing advanced, environmentally-friendly technologies to gradually reduce the inflow of scrap imports and accelerate the recycling of domestic … [Read more...] about List of scraps permitted for import to be shortened: Ministry
At a meeting held on May 29 to review preparations for the conference, Vice Chairman of the municipal People’s Committee Truong Quang Hoai Nam said that the city is scheduled to call for investment in 54 projects worth over VND 100 trillion (USD 4.4 billion). Among those, the three biggest projects are to develop infrastructure systems for industrial parks in O Mon and Thot Not districts, run by the management board of industrial parks and export processing zones of Can Tho city, with total estimated capital of about VND 18.2 trillion (about USD 801.7 million). A view of O Mon thermal power plant in Can Tho. Photo: baocantho.com.vn Can Tho also hopes to lure investment for a project to build a level-two logistics center of the Mekong Delta economic sub-region. The project is estimated to cost USD 150 million and covers 242 hectares in Cai Rang district. It is expected to reduce logistics costs for not only Can Tho but the whole region. Themed “Sharing … [Read more...] about Can Tho prepares for large investment promotion conference
South Logistics Joint Stock Company (Sotrans) will cancel its listing on HCM Stock Exchange and move to the Unlisted Public Company Market (UPCoM) by the end of this year. This was revealed at the company’s annual shareholders’ meeting in HCM City on Monday. Since December 2017, two largest shareholders of Sotrans – Viet Nam Electrical Equipment Joint Stock Corporation and Indo Trans Logistics Corporation (ITL) – have increased their holdings to over 88 per cent of Sotrans’ charter capital. As per the regulation of HCM Stock Exchange, Sotrans’ shares, traded with the code STG, are no longer eligible to be listed on the southern exchange because the total number of voting shares held by non-large shareholders fall below the required threshold of 20 per cent. “We will terminate the listing after one year as per regulation, so around December this year, Sotrans will cancel the listing and transfer to UPCoM,” a representative of Sotrans said … [Read more...] about Sotrans to cancel listing on HOSE
Owning numerous large-scale land plots may attract investors to Hanosimex for its listing on the Unlisted Public Company Market (UpCOM). Hanosimex's land plots may act as a counterpoint to the firm's average performance The Hanoi Stock Exchange has approved Hanoi Textile and Garment Joint Stock Corporation (Hanosimex) to list 20.5 million shares on UpCOM at the reference price of VND15,800. According to the plan, the listing will be conducted on April 19. Established in 1984, Hanosimex is a large-scale corporation within the yarn-textile-garments supply chain of Vinatex, with factories in Hanoi, Bac Ninh, Hung Yen, Ha Nam, Nghe An, and Ha Tinh provinces. In 2017, Hanosimex reported a revenue of VND2.36 trillion ($103.6 million), including VND1.65 trillion ($72.4 million) of revenue from the yarn segment and VND335 billion ($14.7 million) from the garment segment. VND1.58 trillion ($69.37 million–67.31 per cent) of its revenue came from exports, while VND771 billion … [Read more...] about Large land bank may lure investors to Hanosimex?