California Fitness and Yoga reported revenues of over VND300 billion ($12.85 million) last year, up 6 percent from 2017 and 60 percent from 2016. It is the leader with 32 centers across the country and 100,000 members. The chain, founded by an American, is part of the California Management Group (CMG) which entered Vietnam in 2007 and also owns other fitness centers such as California Yoga Plus and UFC Gym, which teaches mixed martial arts. Elite Fitness reported revenues of VND465 billion ($19.91 million) last year, up 17 percent from 2017 and 60 percent from 2016. It belongs to Lifestyle Vietnam and has 15 centers around the country. But there is a big gap between these two and the rest of the field. Fit24 belonging to German fitness chain EuroFit came to Vietnam in 2012 and reported revenues of VND25 billion ($1 million) last year. Industry insiders said gyms are costly affairs because all the equipment has to be imported. A small 300-square-meter facility costs VND500 … [Read more...] about Fitness industry grows as Vietnam becomes body conscious
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Being one of leading companies in the industry, Saigontourist has taken heed of cruise tourism. In 2018, the agent welcomed around 475,000 international holiday-makers , a year-on-year increase of 12 percent. Apart from that, in just two first months of the year, Saigontourist served large procession of visitors. It has led a group of 3,500 Hong Kong ( Chinese) visitors to the central city of Da Nang or Ha Long Bay in the northern province of Quang Ninh and the capital city of Hanoi in cruise ship World Dream. Before, Saigontourist had served travelers in five-star cruise ships Celebrity Millennium and Dream World with 11,500 British, French, American and Hong Kong paying visits to the country’s landscape. Most of cruise passengers are middle-class people who spend more in their trip; nevertheless, they just spend $100 for on-shore visit during 9-11 hours. Shopping centers in Vietnam are not as attractive as its peers in other countries in Asia. Subsequently, cruise passengers … [Read more...] about Vietnam loses chance of earning from cruise tourism
At the Youth Entrepreneurship Forum 2018 last month, Minister of Information and Communication Nguyen Manh Hung suggested that the Prime Minister should soon recognize English as the second official language of Vietnam to help startups reach out to the world. The proposal stirred a heated discussion on social media and prompted numerous professionals to pitch in with their views and opinions. While some welcomed the idea and supported widespread use of the language in Vietnam, others were wary of the cultural, legal and other implications of formalizing it as an official language. Everyone agreed that it was good to improve English use and fluency in the country, so the debate boiled down to whether declaring and using it as an official language was a feasible, practical option for Vietnam. Professor Chung Hoang Chuong, who has juggled teaching at the University of California and doing research in Vietnam, was optimistic about Vietnam having two official languages. Chuong, currently a … [Read more...] about English as an official language in Vietnam: would it work?
Nam (right) and Khánh became the first pair to enter the quarter-finals at the Việt Nam F4 Futures – Hải Đăng Cup 2018. — Photo Courtesy of VTF organisers Viet Nam News HÀ NỘI — Việt Nam’s top tennis pair Lý Hoàng Nam and Lê Quốc Khánh defeated Congsup Congcar and Kaliyanda Poonacha on the third day of the Việt Nam F4 Futures – Hải Đăng Cup 2018, held late Monday evening at the Hải Đăng tennis complex stadium in Tây Ninh Province. In the men’s doubles, Khánh’s experience helped host Tây Ninh win 6-4 in the first set. Nam and Khánh overcame Congcar from Thailand and Poonacha from India 6-0 in the second set and became the first pair to enter the quarter-final. However, another pair Vietnamese-American Timothy Toàn Phụng and Brandon Perez from Venezuela were beaten by higher rated French Florian … [Read more...] about Nam and Khánh win at Vietnam F4 Futures
The article praises President Ho Chi Minh and the Vietnam - Egypt relations on online newspaper Al-Ahram (Photo: vov.vn) The writer expressed his surprise when he listened to Dr. Do Hoang Long, Vietnamese Ambassador to Egypt, shared that President Ho Chi Minh visited Egypt three times in 1911 and 1946. In the article, Mr. Kamal not only expressed his impressions on President Ho Chi Minh when he visited Egypt but also his ability to lead the Vietnamese nation over the invasion and occupation of the French and American. Ho Chi Minh, a hero of the Vietnamese nation, the first President led the Vietnamese nation to escape the invaders and came to unify the country on April 30th, 1975. President Ho Chi Minh reserved special love for Egypt and he was loved and admired by millions of people in the world and Egyptian people, and called "Uncle Ho". Egypt was one of the first countries worldwide to establish full diplomatic relations with Vietnam in 1963. The government and … [Read more...] about Egyptian newspaper praises President Ho Chi Minh and Vietnam-Egypt…