Vietnam risks losing the budget traveller

Ever increasing tour prices are making Vietnam one of the most expensive destinations in the region, sparking fears the country will lose its competitive edge.
tourism facelift for prison island

Tourism facelift for prison island

Con Dao Island, the once notorious home to acres of French prisons, is to undergo a major face-lift as developers hope to turn it into the next tourist hotspot.
leasing plan stirs investors interest

Leasing plan stirs investors’ interest

Ever Fortune has become the first foreign developer in Hanoi to adopt a lease-right sales approach that would allow sub-investors to earn profits at one of its new properties.
local investors take aim at nha trang

Local investors take aim at Nha Trang

Foreign developers have reduced their presence in Nha Trang’s hotel sector, a striking contrast to the growing interest in the beach tourist town among Vietnamese investors.

Resort village for Danang beach

A US design and planning company is assisting Danang city to write a bold master plan to develop its Non Nuoc beach and mountain area into a world-class resort destination.
state talks down ciputra debt rumours

State talks down Ciputra debt rumours

Buyers in the country’s largest real estate project can rest easy after authorities dismissed rumours of delays to the $2.1 billion Ciputra Hanoi International City, despite a large debt owed by the foreign partner.

Debate rages over tourism tag

TOURISM authorities have introduced a new tagline for promotional campaigns but industry insiders are not impressed by the new slogan.

A dynamo returns home

“I am too old to pursue any political ambitions. I am not doing business to earn money: my only desire is to contribute something to Vietnam’s development.”
12m vegas resort to take shape near danang

$12m Vegas resort to take shape near Danang

US company Magnum Investments will this week begin construction of a $12 million resort near Danang, continuing the city’s growth as a tourism and distribution hub in central Vietnam.
dai lai lake nets 50m in new projects

Dai Lai Lake nets $50m in new projects

NEW hotel and golf projects worth more than $50 million are awakening the quiet Dai Lai Lake area in Vinh Phuc province, 10 kilometres from Hanoi’s Noi Bai airport.
changes to land law favour firms investors

Changes to Land Law favour firms, investors

The latest amendments to the Land Law will be of benefit to business, a senior government official has said.
state upbeat on ambitious economic goal

State upbeat on ambitious economic goal

VIETNAM aims to achieve robust economic growth of 7.5 to 8 per cent next year, higher than the 7 per cent estimated by international experts.Achieving such a rate was a big task, the government admitted, but said it would strive to fulfil the average annual 7.5 per cent growth target set in the five-year plan to 2005.
state to rein in property sector

State to rein-in property sector

The Ministry of Construction is looking into Vietnam’s lucrative yet chaotic property market with a new study that is expected to pave the way for more effective management of this industry.

TPC pushes for arbitration to settle Lien resort dispute

Investors behind Hanoi’s long-delayed Lien resort have disputed a court decision ordering them to repay a $4.6 million debt to the project’s contractors. Hyundai Engineering & Construction was contracted by TPC Nghi Tam Village
speedy reforms key to fdi rise foreign experts

Speedy reforms key to FDI rise: foreign experts

FOREIGN analysts have once again urged the Vietnamese government to quicken the pace of investment reform to help draw in much-needed foreign direct investment (FDI).