VietNamNet Bridge - Foreign investors hold a stake in about 60 percent of 5-star hotels in Hanoi and HCMC, and are continuing to pour money into the profitable hotel sector. A survey conducted by VnExpress found that of 19 5-star hotels located in the most advantageous positions in HCMC, 10 hotels are foreign invested. The market approach preferred by foreigners is to acquire enough shares to have the right to control the hotels. Investors in Hong Kong, Singapore and South Korea have been increasing their presence at many high-end luxury hotels in HCMC. Keck Seng Investments is the best known Hong Kong investor which invests in two 5-star hotels in HCMC. The real estate tycoon of the Fragrant Harbor holds 64 percent of shares in Sheraton and has 25 percent of interests in Caravelle hotels. RELATED NEWS Vietnam hotel market attracts foreign investors Da Nang improves hotel competitiveness Kim Mai … [Read more...] about Who are the owners of 5-star hotels in HCM City and Hanoi?
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A buffet paradise awaits at An Đông in HCM City
Fresh fish: The sushi bar is the most visited spot at Café Central An Đông restaurant in HCM City. Photo Đình Nhi Viet Nam News With hundreds of dishes, Café Central An Đông restaurant never disappoints its loyal clientele who come back year after year for its delicious buffet, fresh seafood, and live cooking stations. Mỹ Duyên reports. What could go wrong with the largest buffet restaurant in HCM City? Very little, according to thousands of satisfied customers. With 420 seats, including indoor and outdoors, and fabulous flavours from around the world, Café Central An Đông in the Windsor Plaza Hotel is an ideal destination for families and large groups. Though it is located a bit far from downtown in District 5, formerly known as Great Market or Chinatown, it never fails to attract a large number of visitors thanks to its variety of dishes and live cooking demonstrations. Besides the quality of its … [Read more...] about A buffet paradise awaits at An Đông in HCM City
Vietfood Beverage-Propack expo to open in HCM City
A booth of VietFood & Beverage – ProPack 2017. — Photo vinexadViet Nam News HCM CITY — Around 600 domestic and foreign businesses will take part in the VietFood, Beverage and Professional Packing Machines (VietFood & Beverage – ProPack) international exhibition in HCM City from August 8-11. The annual event is part of trade promotion activities organised by the sector. In 2015, around 250 businesses participated in the event, while 500 attended the event in 2017. Major local brands such as Sabeco, Habeco, Tân Hiệp Phát, Heineken, Golden Farm, Rạng Đông Plastic and Duy Tân Plastic will be showcasing this year. The four-day exhibition will include a wide range of sidelines activities, meetings and visits to factories and industrial zones to present businesses with information and trade opportunities. According to the organising board, last year’s event drew around 10,400 commercial visitors, most of whom … [Read more...] about Vietfood Beverage-Propack expo to open in HCM City
3 expos open simultaneously in HCM City
Visitors at the Vietnam ICTCOMM being held at the Saigon Exhibition and Convention Centre in HCM City’s District 7. — VNS Photo Xuan Huong Vietnam ICT COMM, an international telecom, IT and communications exhibition, BROADCASTEX, an international broadcasting exhibition, and ELECTRONICS, an international exhibition on electronic products, opened in HCM City on Thursday. The three-day exhibitions are displaying advanced technologies, equipment and solutions for the aviation industry; digital data systems and centres for libraries, schools, hotels, and supermarkets; GPS applications; telecom products; broadcasting technologies; telecom services; internet services and applications games and software; electronics and ancillary products. More than 300 exhibitors from 20 countries and territories, including technology leaders in Asia such as Japan, South Korea, Singapore, Hong Kong, Thailand, and India, are participating in the show. Leading Vietnamese companies such as … [Read more...] about 3 expos open simultaneously in HCM City
Southern Food Festival opens in HCM City
Popular specialities from many cities and provinces are on offer at the 8th Southern Food Festival that opened yesterday at Dam Sen Cultural Park in HCM City’s District 11. FoodFest: Popular specialities from many cities and provinces are on offer at the 8th Southern Food Festival that kicked off on May 31 at Dam Sen Cultural Park in HCM City’s District 11. Photo Gia Thuan The four-day event has 60 food stalls set up by restaurants, hotels and food and beverage businesses in HCM City; Thaa Thien-Hue, Quang Nam, Dong Nai, Binh Thuan, Ninh Thuan, Tay Ninh, Ben Tre, Long An, and Tien Giang provinces; and the Central Highlands. There are several zones earmarked for local specialities such as the Old Saigon area, che (pudding) and banh (cake), clean and safe vegetables, local markets, and traditional handicrafts. The event will also feature performances such as đờn ca tài tử(southern amateur music) and dance by an E De ethnic minority art … [Read more...] about Southern Food Festival opens in HCM City