A corner of Vinhomes Riverside. (Photo: vinhomesland.vn) Hanoi (VNA) – Vinhomes Riverside, a high-end ecological riverside urban complex developed by VinGroup’s Vinhomes, has been named the World’s Best Property at the 2018 International Property Awards (IPA). It is the first Vietnamese real estate project to grab the title, the highest among the IPAs. The high-end project also won the Best International Residential Development and the Best Residential Development Asia Pacific at the 2018 IPA which took place in London earlier this week. The World’s Best Property award reflects not only an achievement of VinGroup but also the competence of Vietnam’s real estate developers, said Vinhomes CEO Nguyen Dieu Linh. It showed that Vietnamese developers have risen to the level of, even outweighed, many international players in creating the most livable spaces, she said. Vinhomes, a subsidiary of Vingroup, is responsible for real estate development of the … [Read more...] about Vinhomes Riverside named World’s Best Property in London
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Hong Kong accommodates many leading financial organisations of the world (Photo: telegraph.co.uk) Hong Kong (VNA) – The Vietnam Finance Company Limited (VFC) in China’s Hong Kong, the first overseas financial institution of Vietnam, marked its 40th founding anniversary on October 26. VFC Director Nguyen Ngoc Ban said the firm was established in 1978, when Vietnam had just begun post-war reconstruction and economic development efforts. At that time, the payment in US dollar between Vietnam and other countries was particularly difficult as Vietnam hadn’t had many relations with international banks and the US imposed embargos on the country. Therefore, the VFC acted as a financial intermediary between Vietnam and the world when it supported the country’s export, import and other external economic activities. It was also a channel for mobilising capital in foreign currencies, transferring remittances, and providing credit and funding activities serving reforms … [Read more...] about Vietnam Finance Co. Ltd in Hong Kong marks 40th anniversary
Dusit International, one of Thailand’s foremost hotel and property development companies, made its debut in Vietnam today with the opening of Dusit Princess Moonrise Beach Resort on Phu Quoc Island—Vietnam’s largest island. Ribbon-cutting ceremony The modern twist on a contemporary 4-star resort lifestyle, charming Vietnamese culture, and the rich heritage of Thai hospitality blends nicely to create an unforgettable stay. The resort features 108 elegantly designed rooms, ranging from 32sq.m Deluxe Rooms to 90sq.m Suites—most of them with superb ocean views overlooking Bai Truong Beach. Operating under Dusit’s upper-midscale Dusit Princess brand, the new four-star resort is centrally located on the island’s west coast overlooking the stunning Bai Truong Beach, a 20-plus kilometre stretch of sand also known as Long Beach. Phu Quoc International Airport and Duong To town centre are only a short drive away. “Beside service and food … [Read more...] about Dusit International officially enters Vietnam with first resort
The joining of the globally leading specialist retailer of products for mothers-to-be, babies, and children, Mothercare Plc., may be the starting pistol in the race with Bibo Mart JSC. The baby and mom retail segment may see heated competition Mothercare enters Vietnam this month On April 21, Mothercare will launch its first baby and mom retail store in Ho Chi Minh City’s Crescent Mall, which is one of the first shopping centres in Vietnam meeting international standards. The store volume is expected to increase to three within the year. Mothercare will join Vietnam via franchising partner Au Chau Fashion and Cosmetics Co., Ltd. (ACFC), which is a subsidiary of Imex Pan Pacific Group (IPP Group) and specialises in distributing the products of Nike, Tommy Hilfiger, and Gap, among others. Covering an area of 286 square metres, Mothercare will supply UK-standard products meeting all demands of mothers-to-be, babies, and children. According to … [Read more...] about Mothercare’s entry to challenge Bibo Mart domination?
President Donald Trump on Wednesday (Apr 4) said the United States is not in a trade war with China, as both sides shake global markets with tit-for-tat actions. US President Donald Trump. (Photo: AFP/Olivier Douliery) "We are not in a trade war with China, that war was lost many years ago by the foolish, or incompetent, people who represented the U.S.," Trump said in a morning tweet. "Now we have a Trade Deficit of $500 Billion a year, with Intellectual Property Theft of another $300 Billion. We cannot let this continue!" The comments come after China unveiled plans to slap major US exports worth US$50 billion - including soybeans, cars and small airplanes - with retaliatory tariffs. The Chinese action was, in turn, in response to the Trump administration's own US$50-billion list of Chinese products that face US tariffs over Beijing's alleged theft of intellectual property and technology. The last month has seen the mercurial Republican leader rattle markets in announcing … [Read more...] about ‘Not in a trade war with China’ says Trump