While branded residences generally attract a price premium compared to a non-branded property, the value and benefits that owners enjoy often outweighs it. Wealthy individuals are also attracted to the trophy status of a branded residential product as it provides the kudos of being associated with the internationally recognised brand. Their appeal makes branded residences a community of like-minded individuals with common values and share a similar level of affluence. Their limited supply also means they are more exclusive – a value highly appreciated by the affluent elites. … [Read more...] about Ultra-luxury residences hit Vietnam
Vietnam airlines
Quang Binh asked to improve business environment to lure more investors
Quang Binh (VNA) – Quang Binh should give greater attention to administrative reform as well as e-government and smart city building, thus creating a transparent and open business environment to lure more investors, stated Deputy Prime Minister Trinh Dinh Dung at the central province’s investment promotion conference on January 18.environmental protection and corporate social responsibility. … [Read more...] about Quang Binh asked to improve business environment to lure more investors
EVNNPC named stable Long-Term Foreign-Currency Issuer by Fitch Ratings
Hanoi (VNA) – The Vietnam Electricity Northern Power Corporation (EVNNPC) has been recently assigned a Long-Term Foreign-Currency Issuer Default Rating (IDR) of ‘BB’ with a Stable Outlook by Fitch Ratings. EVNNPC’s rating is based on the consolidated credit profile of Vietnam Electricity (EVN, BB/Stable), which owns 100 percent of the company, in line with Fitch's Parent and Subsidiary Linkage (PSL) Rating Criteria. The consolidated rating approach is driven by the strong integration of EVNNPC's credit profile with that of its parent. Fitch assesses EVNNPC's Standalone Credit Profile (SCP) at ‘BB’, the same as that of EVN and the Vietnam sovereign rating (BB/Stable). EVNNPC's rating is aligned with that of its parent, EVN. Under Fitch's PSL criteria there are strong linkages between the two, as EVN fully owns EVNNPC and has extensive influence over the company's business plans, profitability and financial profile. Do Nguyet Anh, CEO of EVNNPC, … [Read more...] about EVNNPC named stable Long-Term Foreign-Currency Issuer by Fitch Ratings
EVN to allow QR-code payment from September
Hanoi (VNA) – The Vietnam Electricity (EVN) plans to get connected with banks and other organisations by the end of August to allow customers to pay electricity bills through QR-code from September this year. According to Nguyen Quoc Dung, head of the EVN Business Department, the application of payment through QR-code is part of the firm’s efforts to realise the Prime Minister’s direction regarding the building of a cashless society. In order to make it easier for customers during the payment process, the EVN will provide each of them with a QR-code to use for all transactions with the EVN. The new payment method is also expected to help the EVN increase its labour productivity as well as internal management efficiency./. … [Read more...] about EVN to allow QR-code payment from September
24 hours to capture Y Ty in snow
ONCE IN A WHILE: The rare image of the terraced fields with soft snowflakes draws tourists, some even fly up from HCM City to capture the rare beauty ICED OUT: A lone tree has been frozen top to toe, a rare scene in a sub-tropical country. At 6am, the temperature was -4 degree Celcius. We ventured out as it seemed warmer outside. … [Read more...] about 24 hours to capture Y Ty in snow