December 9, 2011
There are many factors responsible for this, but the key reasons are: poor infrastructure, poor tourism promotion; and weak cooperation between travel agents and service providers. These combine to make tour prices in Vietnam less competitive than those in other countries, Nguyen Cong Hoan, vice director of travel agent Hanoi Redtour, told Thanh Nien [...]
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September 3, 2011
Mövenpick Hotel Saigon has authentic Thai food promotion during September During September, Mövenpick Hotel Saigon has a promotion especially for Asian cuisine lovers. There is a clam hotpot promotion, Chinese dim sum, Hong Kong noodle and Thai food promotion at various food and beverage outlets of the hotel. Throughout the month, Iki Japanese Restaurant is [...]
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May 22, 2011
A construction expert talks about Vietnam’s need to create more low-income housing Apartment buildings in Ho Chi Minh City. Land prices must fall to make apartments available to low-income earners, a construction expert said. High land prices have driven up the cost of housing. In order to make apartments available to low-income earners, land [...]
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January 24, 2010
Construction is ongoing at the Diamond Island project in Ho Chi Minh Cityâs District 2 Real estate developers in Vietnam’s Ho Chi Minh City say luxury penthouses and other apartments priced at millions of dollars are selling well. Nguyen Kim Son, director of sales and development at BTA Development Investments that invested in the Dao [...]
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January 17, 2010
Construction of apartment blocks are nearly finished at An Phu Ward, District 2, HCM City. Property investors are pouring money into low-and medium-priced apartments. LookAtVietnam – More property investors are pouring money into low and medium-priced apartments as city residents are increasingly reluctant to take out loans to buy houses.“The buyers are the main factor [...]
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November 27, 2009
The pharmaceutical industry wants to meet 60 per cent of market demand by 2010 by producing specialised medicine and improving its distribution network. Most drugs produced locally are low-priced generic products.Most drugs produced locally are low-priced generic products, the department said.With a population of more than 80 million, industry representatives said the potential for growth [...]
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September 21, 2009
Mooncake makers have switched their focus to medium-priced cakes this Mid-Autumn festival as consumers are still in a belt-tightening mode, market observers say. Le Phung Hao, deputy general director of Kinh Do Corp., one of the countryâs biggest mooncake producers, said his company mainly produced medium-priced mooncakes this year, offering its boxes of four to [...]
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September 16, 2009
VietNamNet Bridge – Moon cakes with liquor, worth millions dong, have appeared on the market. They are called ‘five star moon cakes’. Today the mid-autumn festival is not just the children’s Tet, it has also become the occasion when adults offer gifts to partners and bosses to “win their hearts.” Savvy moon cake producers, who [...]
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September 10, 2009
VietNamNet Bridge – Nearly 90 percent of goods in Vietnam are being distributed through traditional distribution channels. Meanwhile, Vietnamese producers have lost control over traditional markets. Vietnam’s retail network distributing foreign-made products Dong Xuan, one of the most famous wholesale markets in Vietnam, located in the central area of Hanoi, now looks like a Chinese market. According [...]
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August 7, 2009
VietNamNet Bridge – Economic slowdown and rapid changes in technology have divided the Vietnamese mobile phone market into two distinct sides: low-cost handhelds on one end, and smart phones with touch screens on the other. The time for good, durable, cheap and good-looking cell phones In April 2009 alone, handheld models priced less than US$150 accounted for [...]
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