Who are the owners of luxury apartments in District 1? A view of The Grand Manhattan, a luxury apartment project in downtown HCMC The just-launched Grand Manhattan has become the center of splendor due to its luxury apartments being located in downtown HCMC, which are not easy to own. From international investors Elena Goh, a Singaporean real estate investor, is one of the first owners of apartments at The Grand Manhattan, “HCMC is a market my husband has eyed for ages. So we decided to purchase apartments as soon as the project was introduced to the market. Compared with other property markets which I have invested into such as Hong Kong, apartments in HCMC have a much lower price and profit margins reach 4%-5%, compared to Hong Kong’s 1%-2%.” As an experienced real estate investor, Elena Goh said, “In Hong Kong and Singapore, profit growth of luxury properties tend to be stable. I believe that profits from real estate projects in HCMC, which is an … [Read more...] about Who are the owners of luxury apartments in District 1?
Captive service provider
Ukrainian President Petro Poroshenko (center of the table) talks with relatives of the sailors arrested after the seizure of their navy vessels by Russia. (MYKOLA LAZARENKO/UKRAINIAN PRESIDENTIAL PRESS SERVICE/AFP) "For me there's nothing more important than getting them out," Poroshenko told relatives of some of the 24 seamen taken by Russia last month. "All of Ukraine is now proud of your loved ones," he said during the emotional meeting in his office, hugging the captives' family members, some teary-eyed. Late last month Russia opened fire on and seized three Ukranian navy vessels as they tried to pass through the Kerch Strait from the Black Sea to the Sea of Azov. The 24 Ukrainian crew members, three of whom were wounded, were detained. The incident was the most dangerous in years between the ex-Soviet neighbours, which have been locked in a confrontation since 2014 when Russia annexed Crimea and supported an insurgency in eastern Ukraine. More than 10,000 people have been … [Read more...] about Ukraine leader vows to bring home sailors captured by Russia
Vietnam has all the endowments of a tourism hotspot – it is time to preserve them The buzzword of sustainability has appeared in Vietnam several years ago, and while it might seem recent, it possesses a long history in many other countries and continents. Miquel Angel P. Martorell, general manager at Oakwood Worldwide As a fact, tourism development started after the doi moi reforms in the late eighties when the country started to open up to the world, but long before those days many centenary hotels existed in Vietnam, with several between Hanoi and Hue to Ho Chi Minh City where the walls were witness to historical events and famous visitors are in their actual 2018 promotions. After living in Vietnam for nearly two decades, working in tourism and hospitality at several companies, I do not feel complacent about how development have been carried out as the sustainable scenarios drawn up by the legislature are very different from the reality in several aspects. After … [Read more...] about Sustainability a top tourism concern
Viet Nam News by Lê Hương & Hồng Vân The sun gradually descends, meeting the calm surface of An Dương Lake. Birdsong echoes around the shore, while storks perch on the two islands nestled in the middle of the water. A cool wind blows across the waves. Vũ Mạnh Giang skillfully rows a wooden boat carrying a group of tourists. The boat moves slowly and quietly on the water so it does not scare the birds. The lower the sun descends, the more birds fly back. The tourists are captivated with the romantic scene. They take photos with their smartphones and cameras. Giang has worked for the past ten years at Chi Lăng Stork Island Tourism Site, in Thanh Miện District, in the northern province of Hải Dương. Living near the lake, Giang has witnessed the daily changes of the site. “Today is a weekday so not many people flock here,” he told Việt Nam News. “I’m busier during weekends … [Read more...] about Bird haven hosts eco tourism hotspot
VN Central Bank asks banks to rectify hotline issues The State Bank of Viet Nam (SBV) has asked banks to provide enough switchboard operators and improve technical infrastructure to process complaints efficiently. The SBV said it found through monitoring that the hotlines of some banks were not operating effectively, making it very difficult for customers and cardholders to request assistance in emergency cases. This has been a cause for concern and has been reported in different forms of mass media. In order to ensure the quality of services, the State Bank has required banks to address the issue to promptly receive and handle the inspection and complaints of customers. Banks must take the initiative in explaining and promptly responding to opinions expressed on mass media regarding the quality of card payment services to avoid pulling down consumer trust in the quality of payment services offered by banks and the development of non-cash payment regulations by the … [Read more...] about BUSINESS IN BRIEF 22/6
This photo courtesy of Evan Frost, MPR News shows a Raccoon in a cage after it was captured by wildlife control officials on Wednesday following a perilous climb up a 23-storey building in Saint Paul, Minnesota. AFP PhotoViet Nam News WASHINGTON — America breathed a sigh of relief on Wednesday after a scruffy brown raccoon was captured safe and sound following a perilous climb up a skyscraper in the northern state of Minnesota. Thousands of Twitter users followed the escapades of the raccoon on Tuesday as it slowly inched up the side of the UBS Plaza building in St. Paul, Minnesota. Minnesota Public Radio reporters and occupants of the building posted pictures and updates on the animal – dubbed the #MPRraccoon – as it scaled the rough surface of the skyscraper story-by-story in true Spider-Man style. A local television station provided a livestream of the anxiety-producing journey of the animal, which apparently had been scared by construction workers at the … [Read more...] about Raccoon conquers skyscraper; Americans breathe easier
As Vietnam is going cashless, new payment services are popping up across the market to capture users Photo: Duc Thanh The era of digital payments Some 57 per cent of Vietnamese respondents in a survey carried out by Visa Inc. last year were confident to go cashless for three consecutive days. This percentage was the highest among regional nations, with only 42 per cent of Singaporeans and 37 per cent of Thais stating they were ready to go cashless for the same duration of time. Indeed, there is no need to carry cash around, since the digital payments industry in Vietnam has grown stronger than ever, evidenced by the arrival of foreign mobile payments services like Samsung Pay last September or Apple Pay and other mobile payment platforms that are about to debut here in the upcoming months. According to EY’s ASEAN Fintech Census 2018, in the Asia-Pacific region, social media platforms, e-commerce players, and on-demand service providers–like ride-hailing Grab with … [Read more...] about A cashless economy on the horizon