Volkswagen said it was 'paving the way for more electric models and infrastructure'. (Photo: AFP/Ronny Hartmann) The German car giant said it will take a 50 per cent stake in JAG - the parent company of state-owned JAC Motors - and increase its holding in the JAC Volkswagen joint venture from 50 per cent to 75 per cent for around 1 billion euros. … [Read more...] about Volkswagen invests US$2.2b in Chinese electric vehicle sector
German citizenship investment
Located in the front face of Lane Way 2 – an arterial road connecting Highway 51 and Ho Chi Minh City-Long Thanh-Dau Giay Highway which is now being expanded, Aqua City inherits the perfect natural features of the existing Dong Nai river system. Moreover, Novaland has reserved more than 70 per cent of the whole project for green spaces and amenities. … [Read more...] about Novaland continues receiving capital from international institutions
Saebel: Local tourism can certainly offer a certain supply of customers; however, with the massive hotel expansion which we have experienced over the last few years, it is impossible to fill rooms in a profitable way. We certainly see reluctance in F&B sectors, with once crowded restaurants currently sparsely occupied. During times of emergency, people tend to lean toward frugality and the luxury of a hotel stay becomes an unnecessary expense. … [Read more...] about How should Vietnam prepare for post-pandemic tourism recovery?
The upcoming Novaland Expo in December 2019 will converge leading brands in the sector “Through bringing together leading prestigious brands across the board, including the building materials industry and interior-exterior decoration that link closely to real estate, Novaland Expo is a significant event, helping to strengthen my trust in the quality of Novaland products,” Minh added. … [Read more...] about Novaland Expo: Raising the bar with leading brands