Small luxury hotels of the world

“While COVID-19 had a temporary dampening effect on M&A activities, especially on cross-border deals, it also enhanced the positive image of Vietnam among investors, thanks to the government’s quick actions to control the pandemic,” Tiong added. “Moreover, fast urbanisation has resulted in the positive growth of the real estate and building materials market and raises the housing demand that is unmet by a shortage of affordable housing supply.” … [Read more...] about Developers’ commitment to Vietnam illustrating strengths

We are planning to organise other festivities to promote the unique culture of the 12 ethnic minorities in the province. I hope local authorities will assist us quickly. In addition, we would like to connect to other tourism investors to diversify tourist offerings and attract more visitors. … [Read more...] about Businesses line up for further support

However, Loi’s family now seems to be better off. “Previously we earned about VND150 million ($6,500) a year from shrimp farming. However, under the support of the Ca Mau GCF project, revenues have increased to VND200 million ($8,700),” Loi told VIR, revealing that his family has been able to purchase some expensive items including a refrigerator and a washing machine, previously deemed as out-of-reach luxuries. … [Read more...] about Poorest areas offered helping hand with breeding initiative

Pfizer and BioNTech announced in July an agreement under which the U.S. government will get 100 million doses of the Covid-19 vaccine candidate jointly developed by them for $39 per patient for a two-shot immunization. That vaccine must be preserved at minus 80 degrees Celsius, and so far, just a few facilities in Vietnam are equipped for such storage, including the National Institute of Hygiene and Epidemiology and the National Hospital for Tropical Diseases. … [Read more...] about Covid-19 vaccine: best keep the ‘free’ market out of it

In 2017, Geo Energy embarked on roadshows in Hong Kong, Singapore, London, New York and Boston for the issuance of US$300 million Senior Notes. The issuance, which was oversubscribed by more than 3 times or US$1.2 billion, increased Geo Energy's international profile as numerous multi-billion dollar funds invested in it. Following the COVID-19 crisis, the Group optimised its capital structure and reduced its gearing by 78%, through a series of repurchases totaling US$241 million of its Senior Notes in 10 months from December 2019 to September 2020. This reduced its annual interest by 80% from US$24 million to US$4.7 million. The Group signed on Life of Mine coal offtake agreements and prepayment facility agreements with world-class international traders. The offtake with these international traders brought strong strategic partners for the Group and broadened its reach in the international market. Macquarie Bank also came in as an equity partner for Geo Energy. … [Read more...] about Geo Energy Resources Limited Honored at the Asia Pacific Enterprise Awards 2020