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Gaw Capital Partners has acquired the Hyatt Regency, and TBC Group acquired the Montgomerie Links golf course, both from Indochina Land. BRG Group acquired an 18-hole golf course from VinaCapital, and VinaCapital also transferred its Marina complex to Quoc Cuong Gia Lai JCSC.  … [Read more...] about Danang M&As help overcome delays

Tourism is among the industries that have been hit the hardest by the coronavirus, or COVID-19, epidemic. How has the Vietnam National Administration of Tourism (VNAT) taken actions to minimise damage and provide solutions? Vice chairman of Vietnam National Administration of Tourism Ngo Hoai Chung As the outbreak is impacting every economic sector, the Vietnamese tourism industry estimates a $2 billion loss a month, which means in the first quarter of 2020, we may lose $7 billion. … [Read more...] about Reinvigorating Vietnam’s tourism after COVID-19

Seoul (VNA) – The Republic of Korea’s Air Busan has announced that it will open a new direct air route linking Busan and Ho Chi Minh City. The flight will take about five hours, departing from Busan’s Kimhae international airport at 9am (local time) and landing at Tan Son Nhat international airport, Ho Chi Minh City at 12am. The return flight will later starts at 1pm and finish at 9pm. Air Busan plans to use Airbus A321neoLR manufactured in Hamburg, Germany for the route, which will be delivered in mid-March. Form February 19-25, the carrier offers promotional one-way tickets priced at from 99 USD per person for flights that take off from April 23 to October 24./. … [Read more...] about Air Busan to launch Busan – HCM City route

Following the successful launch of its operations in Singapore late last year with the debut of the world's first resealable silicone alternative to one-off plastic straws -- e-Zip, the patented product was the latest addition to the brand's wide product category. With its continuous mission to reduce single-use plastic waste, Lexngo has also piloted other lifestyle products including Silicone Collapsible FlexiBox, Snack Box, Meal Box, Mugs, Bottles in various sizes and also Silicone Reusable Bags for groceries, travel, sportswear and accessories. … [Read more...] about Sustainable Lifestyle Brand Lexngo, Revolutionises Plastics Industry with Sustainable Solutions to Everyday Necessities

Also known as the scaly anteater, the shy, primarily nocturnal animals have been heavily poached for years in biodiverse Southeast Asia and are being increasingly targeted in Africa. In a new report, watchdog TRAFFIC estimated about 895,000 pangolins had been smuggled between 2000 and 2019 in Southeast Asia. It also noted that over 96,000 kilograms (210,000 pounds) of the creatures' scales were seized in Malaysia, Singapore and Vietnam between 2017 and 2019 alone. "Not a day goes by without a wildlife seizure taking place in Southeast Asia, and all too often in volumes that are jaw dropping," said Kanitha Krishnasamy, director for TRAFFIC in the region. - Rampant trade - In 2016 the pangolin was given the highest level of protection by the Convention on International Trade in Endangered Species (CITES), meaning all trade in the creatures is banned. Prior to that, trade was allowed under strict conditions. But protection groups say the illicit business is still rampant and TRAFFIC … [Read more...] about Nearly 900,000 pangolins trafficked in Southeast Asia: watchdog