Malaysian travel firms and their counterparts in Vietnam have discussed cooperation in developing and promoting eco-tourism and adventure packages as well as attracting more Vietnamese travelers to new destinations in Malaysia. Mount Kinabalu, jungles, beaches and diving areas in the Sabah state were among the new destinations that Malaysian travel firms introduced to their counterparts in HCMC last... 

Malaysia will join Ho Chi Minh City’s retail market in the coming time with the opening of hypermarkets which will be joined by almost all leading retailers of this country. The information was released by Malaysian Minister of Domestic Trade, Cooperatives and Consumerism Dato’ Sri Ismail Sabri bin Yaakob at a meeting with Chairman of the Ho Chi Minh City People’s Committee Le Hoang Quan on... 

Innovative “group buying” sites offering bargains on everything from meals to travel packages are catching on in Asia as companies harness the power of social media to influence consumer behaviour. International brands and local merchants alike are exploiting the business model, which offers attractive deals with a catch — they have to be purchased by a minimum number of consumers... 

HCMC – Thien Minh Travel Joint Stock Company (Thien Minh Group), which has just acquired five hotels and resorts in Vietnam under the Victoria brand, has established a joint venture with Wotif Group to boost online bookings for its tourism properties. The two companies have established a 50:50 joint venture in the country under the name of ViVu LLC, said Robbie Cooke, CEO cum managing director... 

Malaysia’s Hong Leong Bank Vietnam last week opened its second branch and first Priority Banking service in Vietnam for affluent customers, two years after opening a Ho Chi Minh City branch. “This launch in Hanoi is testimony to Hong Leong Bank’s continuous commitment to further reaching out to the communities in Vietnam, and to further deepen our relationship and investment in the country. “With... 

First prize in a $50,000 contest to design the Vietnam Oil and Gas Tower has been won by US firm Pelli Clarke Pelli Architects. PetroVietnam Construction Joint Stock Company (PVX) announced the chosen design of the tower, an international symbol of the Vietnamese oil and gas industry, on March 30. The 79-storey tower, set to be Hanoi ’s highest building, symbolises the 79-year lifespan of President... 

HCMC – Asia America Gateway was completely repaired on Monday after a problematic month that hampered some of the nation’s international internet services for 20 days. FPT Telecom confirmed its international internet is running normally and that its clients can access any web, email and other internet services which have Internet Protocol addresses in foreign countries. According to the company,... 

HCMC – The Asia-America Gateway has broken down since 1:30 p.m. on Tuesday, seriously hampering Vietnam’s internet connection with the world. According to an initial assessment, a section of the AAG cable located in the coastal city of Vung Tau was disconnected. FPT Telecom said in a statement on Wednesday that the problem left serious impacts on its clients. The international internet service... 

Sacombank Securities Company (SBS) and Singapore’s DMG & Partners Securities Pte Ltd signed a strategic cooperation programme in Ho Chi Minh City on February 11. Under the programme, SBS and DMG pledged to cooperate and share experiences in the areas of technology, brokerage, market research and the arrangement of workshops to introduce markets and opportunities for investment in Vietnam, said... 

This publication is partly cited from FineIntel’s Industry Update. Our monthly industry update is a publication designed to provide meaningful insight into today’s industries in Vietnam. We encourage our readers to submit suggestions for topics that they would like see covered in future issues. While FineIntel can not cover each and every topic, we will do our best to provide the fullest coverage...