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Investment Foreign investors eye hotels in Vietnam: JLL By Thanh Thom Monday,  Nov 11, 2019,15:16 (GMT+7) Foreign investors eye hotels in Vietnam: JLLBy Thanh Thom Inside a hotel room at Vinpearl Luxury Landmark 81, the most luxurious five-star hotel with the highest observation deck in Southeast Asia – PHOTO: VINPEARL HCMC – Vietnam’s growing tourism industry and thriving economy have bolstered the hotel and resort market, with foreign investors from across the region showing interest in the country, making it one of the hottest markets in the Asia Pacific, according to U.S.-based real estate consultancy Jones Lang LaSalle (JLL). JLL said in its latest snapshot report for Vietnam’s hotel market that the industrial renaissance has driven corporate demand for hotels across the country. Other factors, such as visa exemptions, the introduction of new direct air routes and improved marketing efforts, … [Read more...] about Foreign investors eye hotels in Vietnam: JLL

Momo is the only Vietnamese representative in the ‘Leading 50’ category and is in 36th place in the annual list which is compiled by Australian fintech venture capital investment firm H2 Ventures and Dutch accounting and auditing company KPMG. The Fintech100 list released last week was divided into the 'Leading 50' around the globe based on innovation, capital raising activity, size, and country, and the 'Emerging 50', which includes newer companies at the forefront of innovative technologies and practices. "Its products help customers in Vietnam make nationwide cash transfers, pay more than 100 types of bills, recharge mobile phone accounts, settle personal loans, and purchase services like software licenses and online game cards, airline and movie tickets," the report said. Momo partners with 24 domestic banks and foreign payment networks, including JCB, MasterCard and Visa, it added. Last year it was in the ‘Emerging 50’ category. It has more than … [Read more...] about Momo listed among top 50 global fintech innovators

Other News Japan takes lead in attracting Vietnamese workers The Saigon Times Daily Monday,  Nov 11, 2019,19:54 (GMT+7) Japan takes lead in attracting Vietnamese workersThe Saigon Times Daily Technical trainees from Vietnam work at a knitwear factory in Mitsuke, Japan, on February 26, 2019. Japan has surpassed Taiwan as the most attractive destination for Vietnamese guest workers – PHOTO: REUTERS HCMC – Japan has overtaken Taiwan as the most popular destination for Vietnamese guest workers, according to the Department of Overseas Labor, under the Ministry of Labor, Invalids and Social Affairs. Data from the department revealed that more than 13,400 domestic laborers went overseas for work under employment contracts in October this year, equivalent to 92.2% compared with the figure of the year-ago period at over 14,500. Japan took the lead in attracting Vietnamese guest workers, at more than 8,300 people, … [Read more...] about Japan takes lead in attracting Vietnamese workers

An aerial view of Hon Kho island (Photo: VNA) Hanoi (VNS/VNA) - Provided with beautiful landscapes, long beaches and rich cultural and marine resources, Binh Dinh province is expected to transform into a key destination for both domestic and foreign visitors. But like some other areas, the province's biggest hurdle in becoming more attractive to tourists is its lack of developed infrastructure. “Binh Dinh’s tourism sector has been developing less than expected because the infrastructure and facilities are still limited and underdeveloped,” said Nguyen Tien Dat, deputy director of tourism company Transviet. The underdevelopment of infrastructure connecting different tourism sites has made it hard for visitors to come to the province, according to Ho Quoc Dung, chairman of the provincial People’s Committee. Provincial authorities and businesses had been focusing on building accommodations for tourists but construction had still not been able to keep pace with … [Read more...] about Tourism sector must focus on infrastructure, regulatory changes