HCMC cancels decision to recall prime land site in Dist. 1, Real estate inventory value nears VND23 trillion, Ascott opens first Citadines Apart'hotel in Binh Duong…
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FOR MORE INFORMATION,CONTACT: Dung Duong MRICS Director T +84 8 3824 6125 dung.duong@cbre.com
An Nguyen T +84 4 2220 0220 an.nguyen@cbre.com |
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Vietnam welcomes 15 millionth international tourist in a year for the first time
Viet Nam News |
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At 10.30 a.m on December 19 American James Copernicus became the 15 millionth foreigner to arrive in Vietnam this year. Copernicus arrived along with 2,000 other passengers by Celebrity Millennium owned by the Royal Caribbean Cruise Lines, one of the world’s top luxury cruise ships, in Ha Long Bay, northern Quang Ninh Province.
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Khaisilk transfers rights to two luxury properties
The Saigon Times |
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Hoang Khai, owner of the premier Vietnamese silk brand Khaisilk, which was forced to shut down all of its outlets last year following prosecution for trade fraud, has transferred the rights to manage and operate the Cham Charm restaurant and TajmaSago castle at 2 and 6 Phan Van Chuong Street in HCMC’s District 7 to Chloe Hospitality Group.
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Chinese hot-pot chain Haidilao is to open its first outlet in Vietnam. The outlet is located on the second floor of the 68-story Bitexco building in HCMC. Without revealing the opening date, the company has been recruiting office staff and restaurant crews for its Vietnam debut.
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HCMC cancels decision to recall prime land site in Dist. 1
The Saigon Times |
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As recommended by the Ministry of Public Security, the HCMC government on December 18 canceled its previous decision to recall some 5,000 square meters of land at 8-12 Le Duan Boulevard in District 1, a prime location in the central business district, the local media reported. The ministry is still investigating the illegal leasing and transfer of the site, with many former and incumbent municipal officials. Land at the site is the material evidence in the case.
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France’s Total considers US$1.2-billion LNG-power complex project in Vietnam
Hanoi Times |
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Total is expected to team up with other partners, including Siemens (Germany), Novatek (Russia) and Vietnam’s A&A Technology and Investment Company for the project with a total power-generating capacity of 4,500 MW. France’s world leading energy operator Total is considering a US$1.2-billion liquefied natural gas (LNG) and power complex project in Vietnam’s central province of Ninh Thuan, according to Vietnam Investment Review.
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