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Resorts gamble on casino attraction
Vietnam’s still young gaming business is showing signs of maturity with a number of hospitality developers asking for licences to build casinos and upcoming wide-ranging measures that would help legitimise the industry and streamline investment.
Formosa still committed to US$10bln steel plant
Formosa Plastics Group, the largest industrial conglomerate in Taiwan, still remains committed to the construction of the mammoth integrated steel mill in Vietnam, despite the Vietnamese government’s rejection of a special economic zone designation for the project.
Banyan Tree seeks casino approval
Singaporean resort developer Banyan Tree Holdings is expecting to receive the Vietnamese government’s approval to open a casino at its existing Laguna Lang Co resort in the centre province of Thua Thien-Hue.
Walmart riding on TPP advantages
(VOV) -The US’ Walmart, one of the world’s biggest retail groups, is seeking more profits from Vietnam if the Trans-Pacific Partnership (TPP) Agreement is agreed upon.
Syrena Vietnam ready for Ninh Thuan resort project
(VOV) -Syrena Vietnam, a subsidiary of the private multi-sector BIM Group, will build a luxury resort and residential complex in the south central coastal province of Ninh Thuan, to meet rising tourism demands.
B. Braun looks to invest extra US$270 million
Germany’s pharmaceutical company B. Braun Melsungen AG is planning to invest an additional US$270 million in Vietnam in order to satisfy increasing healthcare demand across the globe.
Relations based on solid foundations
Australian Foreign Minister Julie Bishop began a three-day visit to Vietnam on February 17 to strengthen cooperation in various areas between the two countries.
Son Doong cave – a whole other world
Son Doong in the central province of Quang Binh is well-known as the world’s largest cave. Discovered in 2009, it is now one of the hottest spots in Vietnam and the nation’s most expensive tours.
PetroVietnam suspends Venezuela project
PetroVietnam has decided to temporarily halt its involvement in a US$1.8 billion oil exploration project in Venezuela.
Walmart targets Vietnam as fruitful product source
The US-backed Walmart, one of the world’s biggest retail groups, is boosting its purchase of Vietnamese goods.