Tax case bounces rubber firm

Tax case bounces rubber firm

Local firm Saigon-Kymdan Rubber is facing a tax arrears collection case due to a related parties transaction with prices inappropriate with market rates.
First class hotels choose Mercedes-Benz S-Class

First class hotels choose Mercedes-Benz S-Class

Today, Mercedes-Benz and Park Hyatt Saigon underlined their long-term cooperation that has been growing throughout the last five years by taking delivery of a new fleet of five flagship S-Class valued at more than VND21 billion ($1 million) for their VIP transport.
Home  s weet  home

Home s weet home

InterContinental Asiana Saigon Residences is part of the Kumho Asiana Plaza complex featuring Grade A commercial office space, the 305-room InterContinental Asiana Saigon hotel, three levels of secure undercover parking and 7,200 square meters of wining and dining outlets offering a diverse choice.
Keeping up appearances

Keeping up appearances

Today hoteliers can gauge guests’ perceptions via a host of multimedia channels. So what happens if they access TripAdvisor or Twitter and find calls for a serious upgrade? For long standing properties, renovation is a must to keep shining at the top of the market. Hanh Tu takes a look at the latest refurbishment trends in Vietnam.
Fifth Vietnamese bank branch in Laos

Fifth Vietnamese bank branch in Laos

Saigon-Hanoi Bank last week opened its first branch in Champasak province, becoming the fifth Vietnamese bank to open a branch in Vietnam’s western neighbour.
Construction of Saigon 2 Bridge starts

Construction of Saigon 2 Bridge starts

Traffic jams at Ho Chi Minh City’s northeastern gateway are to ease with the Saigon 2 Bridge hitting top gear in 2014.
High-rises to berth in port sites

High-rises to berth in port sites

High-rise buildings might be developed on the sites of ports moved out of Ho Chi Minh City.
Port in a storm

Port in a storm

Ho Chi Minh City port removal plans are on the back foot due to capital shortages and poor infrastructure.
ACB, Eximbank, Sacombank rumored to form new alliance: paper

ACB, Eximbank, Sacombank rumored to form new alliance: paper

The current alliance of Asia Commercial Joint Stock Bank (ACB)-the Vietnam Export-Import Commercial Joint Stock Bank (Eximbank) and other related individuals holds enough of a stake in Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank) to call for an irregular shareholder meeting to form a new alliance.
Keppel Land steady in a rocky market

Keppel Land steady in a rocky market

Linson Lim, president of Keppel Land Vietnam Co. Ltd, (Keppel Land) has affirmed the company’s commitment to fulfill all of its licenced property projects in Vietnam despite the market’s current volatility.
Port plan in stormy seas

Port plan in stormy seas

Ho Chi Minh City plans to remove Saigon River ports from the city inner has run into big waves.
Intercontinental Asiana Saigon celebrates

Intercontinental Asiana Saigon celebrates

Intercontinental Asiana Saigon has been awarded as “Vietnam’s Leading Hotel 2011” for second consecutive year.
Southern hub in deep water

Southern hub in deep water

If all of existing flood control projects were completed by the end of this year as scheduled, the city would not be flooded.
S-Fone to divert into joint venture entity

S-Fone to divert into joint venture entity

The country’s first CDMA network S-Fone is expected to receive a joint venture certificate to allow it to liquidate its contract with foreign partner South Korea SK Telecom in September.
Paper firms ink deals

Paper firms ink deals

Japan-based Daio Paper and Development Bank of Japan have entered Vietnam’s paper market. Daio Paper Corporation and BridgeHead fund, an affiliate of Development Bank of Japan, last week bought a 38 per cent stake in the Ho Chi Minh City-based Saigon Paper Corporation.
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