Traditional unique products Four years ago, Tan Phong commune in Tien Giang province’s Cai Lay district was a relatively unknown destination for tourists visiting the Mekong River Delta and its products lacked any special appeal, being similar to those of other localities in the region. The occasional group of foreign guests would go to the commune for a homestay experience, but tended to leave after a day or so as there was little of interest to make them stay longer. But since the launch of Mekong Rustic Tien Giang, the number of visitors coming to the Mekong River has increased significantly, and Mekong Rustic and its second establishment in Phong Dien, Can Tho, are gaining popularity among foreign visitors to the Mekong thanks to their model of sustainable values that aims to support and protect the environment and society. Nguyen Ngoc Bich, CEO of Mekong Rustic, says he always aims to develop sustainable tourism by working with local people to introduce visitors to the … [Read more...] about Benefit-sharing for sustainable tourism development
Why is sustainable tourism important
Viet Nam News The ASEAN Tourism Forum 2019 is due to kick off on January 16 in the heritage city of Hạ Long in the northern province of Quảng Ninh. The event will gather top tourism leaders and experts, as well as hospitality businesses and investors. Hồng Vân speaks with the Secretary General of the ASEAN-Japan Centre, Masataka Fujita and Lee Hyuk from the ASEAN-Korea Centre about their thoughts on the event as well as the challenges facing ASEAN tourism and lessons that ASEAN can learn from Japan and South Korea. The two inter-governmental organizations have served as key players in building partnerships between ASEAN, Japan and South Korea. John Gregory Conceicao, executive director of International Relations, Marketing Planning and Oceania, Singapore Tourism Board, also joins the interview and discusses the problems the ASEAN region in encountering while developing tourism as a ‘single destination’. The ASEAN Tourism Forum (ATF) is … [Read more...] about Asean should prioritise quality tourism
The organic food market is getting more and more vibrantTa Duy, artist “hunting” beauty from simple lifeSwisstouches La Luna Resort Nha Trang condotel investment offers overseas study opportunitiesConsumer Trust - the glue between business win customersSBT to sell $60m worth of convertible preferred shares to foreign investors What made the life work of Bill Bensley on Sơn Trà Peninsula - InterContinental Danang Sun Peninsula Resort - conquering travelers and global experts, to be honoured “World’s Leading Green Resort 2018”? Let’s listen to answers from the birth parents of the World Travel Awards, Graham E.Cooke. This year marks the 25th anniversary of the World Travel Awards (WTA). Could you tell us how WTA was born? I started World Travel Awards in 1993, aiming to recognise, award and honour outstanding brands across the hospitality industry. This year, we commemorate the 25th anniversary of the WTA, with a … [Read more...] about Why did Intercontinental Danang Sun Peninsula Resort win the prize “World’s Leading Green Resort 2018″?
VinaCapital officially ends investment in poultry firm Ba Huan Ba Huan JSC, the country's leading pasteurized eggs and poultry meat producer, has decreased its charter capital from VND280 billion (US$12 million) to VND222 billion (US$9.53 million), effectively ending the involvement of VinaCapital, one of the two largest asset management firms in Vietnam, with the company. This results in an increase in the stake holding of domestic shareholders from 66.2% to 83.6%, of which Ba Huan's Director Pham Thi Huan owns 64%. In Feburary, VinaCapital`s flagship fund Vietnam Opportunity Fund (VOF) invested US$32.5 million to acquire a significant minority stake in Ba Huan. However, in early July, Ba Huan sought Prime Minister Nguyen Xuan Phuc's intervention in terminating its partnership with VinaCapital. The firm said there were differences between the English and Vietnamese versions of the agreement and the terms were not what the two parties had agreed initially. Among … [Read more...] about BUSINESS NEWS IN BRIEF 10/10
Could you share the reasons why you chose to invest in Swisstouches La Luna Resort? As the first reason, I realised that the rapid tourism development in Nha Trang has been leading to a climb in relaxation properties, particularly condotels. According to the statistics of the Khanh Hoa Department of Tourism, by 2020 the luxury property segment will be short of approximately 20 thousand room keys to meet demand. During peak seasons, the occupancy rate at 5-star hotels in Nha Trang will reach over 90 per cent. La Quang Binh, chairman of Marina Hotel JSC At the same time, Nha Trang’s and the domestic property market will witness a boom in the coming time. As far as I know, the value of relaxation property in China's Hainan Island is now $15-25,000 per square metre, while it is $7,000 per square meter in Thailand. At the moment, real estate prices in Nha Trang are still low. Therefore, I chose Nha Trang as the starting point for my property investment roadmap. What makes … [Read more...] about Swift, sustainable expansion strategy by Swisstouches La Luna Resort