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Vietnam’s hotels among T+L 500 World’s Best Hotels 2010

In Uncategorized on January 8, 2011 at 4:18 am

The Travel + Leisure magazine (US) has recently named four hotels in Vietnam as being among the Top 500 hotels in the world.

Caravelle Hotel in Ho Chi Minh City. (Photo: KK)

Theses hotels include the Sofitel Legend Metropole, and Hilton Opera in Hanoi; and the Caravelle and the Park Hyatt Sai Gon, in Ho Chi Minh City.

The T+L 500 results are based upon an annual survey. This survey in which Travel + Leisure subscribers evaluated hotels on characteristics such as rooms and facilities, location, service, restaurants and food, and the hotel pricing system.  The publication calculated the average rating of each characteristic and tabulated an overall score.

Among them, Sofitel Legend Metropole Hanoi won the Pacific-Asia Travel Association’s (PATA) 2010 gold award, in the Heritage category in August.


Source: SGGP

Vinamilk among best under-a-billion firms, Forbes Asia says

In Uncategorized on December 16, 2010 at 10:07 am

Vietnam’s biggest dairy maker Vinamilk was named for the first time ever as one of the best small-to-midsize performers in the Asia-Pacific region in the Forbes Asia’s “Best Under A Billion” list this year.

Shoppers picks Vinamilk’s products at a HCMC-based super market (Photo:

Vietnam Dairy Products, known as Vinamilk, which holds a one-third share of Vietnam’s US$1.5-billion dairy market, enjoyed a net profit jump of 67 percent to $90 million. Its revenues climbed by half to $389 million through the first half of 2010, Forbes reported.

The company listed on the Ho Chi Minh Stock Exchange with the coded name of VNM is expected to grow 25 percent this year.

“With revenues doubled and net profit up fourfold in the last four years, it is the most successful of the country’s privatized state-owned enterprises,” according to the September issue of Forbes Asia. In August, Vinamilk began construction on a $120 million dairy plant near Ho Chi Minh City that is expected to be the biggest in Southeast Asia.

“Vinamilk has been successful in the competition with foreign brands. It has created a very strong Vietnamese brand, a solid footing in the local market, and it has been able to tap into the rising demand for nutrition products,” Trinh Hoai Giang, chief operating official of HSC Securities, one of Vietnam’s three biggest brokerage houses, said in a report on Forbes’ website.

The annual “Best Under A Billion” list highlights 200 top-performing firms with revenues under $1 billion from nearly 13,000 publicly listed Asia-Pacific companies, based on earnings growth, sales growth, and shareholders’ return on equity.

Among 200 top-performing small-to-midsize enterprises in Asia this year are 71 Chinese, 39 Indian, 20 Korean and nine Thailand’s. “Technology firms, both hardware and software, keep making inroads into the 200, along with health-care-related entities,” Forbes said in a report on its website, adding 151 new firms appeared on this year’s list.

Source: SGGP

Ha Long Bay takes 2nd place in top 10 best boat journeys

In Uncategorized on December 16, 2010 at 9:49 am

Vietnam’s Ha Long Bay listed as a UNESCO World Heritage Site, has been ranked the 2nd among the 10 best boat journeys by the UK’s Lonely Planet Travel Magazine.

Ha Long Bay

“Bobbing on the emerald waters of Halong Bay and moving through its 3000-odd limestone islands is simply sublime. The tiny islands are dotted with beaches and grottoes created by wind and waves, and have sparsely forested slopes ringing with bird tunes.

There are more than 300 boats based at Bai Chay Tourist Wharf waiting to sweep you away to the World Heritage waters. Day tours last from four to eight hours, though (recommended) overnighters are also available” the magazine written.

Norwegian Fjords gets the first place. Next positions are Amazon River, South America; Franklin River, Australia; Quetico Provincial Park, Canada; Kerala’s backwaters, India; Milford Sound, New Zealand; Island-hopping, Greece; Disko Bay, Greenland; and Galapágos Islands, Ecuador.

Ha Long Bay is a popular travel destination in the Northern Province of Quang Ninh. Covering on an area of around 1,553 km2, the hot tourist spot has including 1,969 islets, most of which are limestone.

In 1994, Ha Long Bay was recognized as a UNESCO World Natural Heritage site. It has jumped to second place among the 28 finalists of an online voting for the world’s new seven wonders and helping to bring 5.3 million visitors to Quang Ninh in the first eight months of the year.

Source: SGGP

REIT best choice for Vietnam’s property market, says conference

In Uncategorized on December 16, 2010 at 9:34 am

The model of real estate investment trust (REIT) funds should be applied into the rapidly growing real estate market in Vietnam, said economists at a conference on developing residential housing and property market in Hanoi last week.

(Photo: Minh Tri)

Real estate investment trusts (REIT) are booming, with an average profit of around 3-5 percent, Abas A. Jalil, director of the property investment fund AmanahRaya-REIT Managers, said at a conference in Hanoi.

REIT funds focus on leasing lands, buildings, and expanding their property investments to generate as much profit as possible to their shareholders.

Singaporean economist Professor Habibullah Khan said REIT are more competitive in his country. There are three kinds of real estate investment trust, including equity REIT, mortgage REIT and hybrid REIT.

Equity REITs invest in various types of income-producing commercial properties. The income is then shared in investor dividends. Profit will be based on numerous criteria including what type of property it is and how much income it generates.

Mortgage REITs either buy up pools of mortgages made by others or make mortgage loans directly.

A hybrid REITs are merely a REIT that invests both in actual real estate properties and mortgage loans. Most of REIT funds in Singapore are equity REIT, Professor Habibullah Khan said.
Phan Thanh Mai, general director of the property investment fund VPREIT, said REIT funds in Vietnam also developed strongly in the last five years. However, their investment in residential housing market remained low.

Most of investments poured into the housing market were from banks and individual buyers, Mai said. Therefore, he recommended that REIT funds should be allowed to mobilize capital from individuals.  

Statistics showed there were around 10,800 hotels with 210,000 offices, 98 resorts with 8,150 rooms nationwide so far this year. Deputy Construction Minister Nguyen Tran Nam said the local property market remained an attractive destination to foreign investors.

Foreign investors have invested 500 real estate projects with the total investment of more than $40 billion since the end of last year. The outstanding property loans at commercial banks reached VND210.77 trillion ($10 billion) on July.

However, property investors still have to cope with illegal transactions, significant price fluctuations caused by speculation, ineffective land use managements and poor town planning.

Source: SGGP

Miss Vietnam wins the Best in Swimsuit

In Uncategorized on November 22, 2010 at 10:12 am

Best Time to See the Leonid Meteor Shower Is Now

In Uncategorized on November 18, 2010 at 7:25 am

Vietnam’s best hotels and resorts announced

In Uncategorized on October 19, 2010 at 8:11 pm

Vietnam’s best hotels and resorts announced

QĐND – Tuesday, October 19, 2010, 22:15 (GMT+7)

The organising board of the World Travel Awards has recently announced the best hotels, spas and resorts in Vietnam in 2010 based on votes by global travel agencies and service providers.

According to, Avason Ana Mandara Nha Trang was voted as Vietnam’s best spa, Avason Ana Mandara Resort as the best resort while InterContinental Asiana Sai Gon was selected as the best hotel while the Sheraton Hanoi received the award of best hotels for business.

According the Awards’ organising board, as many as 183,000 travel, transport firms and tourism organisations from over 160 countries and territories took part in the 17th vote in the Asian region.

Winners of the region will be candidates at the global selection which is expected to be announced in London before the World’s Tourism Fair on the upcoming November 7th.

Source: thesaigontimes

Translated by Vu Hung

Source: QDND

Thousand best wishes to Hanoi programme reviewed

In Uncategorized on October 14, 2010 at 6:30 pm

Thousand best wishes to Hanoi programme reviewed

QĐND – Wednesday, October 13, 2010, 20:33 (GMT+7)

The Hong Kong and Shanghai Banking Corporation in Vietnam (HSBC) has reviewed its “Thousand best wishes to Hanoi” programme and granted 100 scholarships worth 500 million VND to a fund of Tuoi Tre newspaper.

The programme was launched on August 30 to collect a thousand best wishes to mark the 1000th anniversary of Thang Long-Hanoi.

A month after the launch, the programme had received thousands of best wishes nationwide. One thousand best wishes were selected to upload on website . Each wish shows the Vietnamese citizen’s desire for prosperity and development on the millennial birthday of the capital city.

Along with the programme, for each chosen wish, HSBC donated 500,000 VND to Tuoi Tre newspaper’s fund. A total of 500 million VND was granted to 100 disadvantaged students in Hanoi.

Source: VNA

Source: QDND

Singers to congratulate best footballers of 2009

In Uncategorized on May 17, 2010 at 9:03 am

Phuong Thanh, Thu Minh and Ha Anh Tuan are among the famous singers scheduled to take part in the Golden Ball football awards, to be held May 17, at the Ho Chi Minh City Opera House.

                          Singer Ha Anh Tuan

It will be the third time that Ha Anh Tuan performs at the award ceremony. “I am so glad to take part in the Golden Ball football awards to send my best wishes to football talents of the country” he said.

Best male and female footballers of the year, Pham Thanh Luong, and Doan Thi Kim Chi, are his favorite players.

“I usually participate in programs on football. I have never abandoned my love for football” singer Phuong Thanh said. She will perform two interesting songs in the music gala.

Thu Minh, another artist repeatedly invited to take part in the annual event, also expressed a desire to share her love of football with fans and players honored at the Golden Ball awards.

Sai Gon Giai Phong newspaper has organized the voting for the awards since 1995, sent 138 ballots to sport journalists, football experts, and coaches around the country.

Golden Ball 2009 honors for best male and female footballers of the year will go to Hanoi ACB Club’s halfback Pham Thanh Luong, and Doan Thi Kim Chi, a member of the Vietnamese women’s football team.

The gala night provides football fans a chance to meet this year’s top football players Le Huynh Duc, Le Cong Vinh, Luu Ngoc Mai, as well as other well-known players.

Related article:
Best footballers of the year announced

Source: SGGP

Best footballers of the year announced

In Uncategorized on May 14, 2010 at 5:00 pm

Best footballers of the year announced

QĐND – Friday, May 14, 2010, 22:30 (GMT+7)

This year’s Golden Ball for best male and female footballers of the year will go to Hanoi ACB Club’s halfback Pham Thanh Luong, and Doan Thi Kim Chi, a member of the Vietnamese women’s football team, organizers said.

This year’s Golden Ball football awards will be held at the Ho Chi Minh City Opera House on May 17.

This is the fourth time that Chi has won Golden Ball award. She also took this title in 2004, 2005 and 2007.

Sai Gon Giai Phong newspaper, the organizer of the annual voting for the awards since 1995, sent 138 ballots to sport journalists, football experts, and coaches around the country.

The gala night will give football fans a chance to meet well-known football players such as Le Huynh Duc, Le Cong Vinh, Luu Ngoc Mai and others and enjoy performances by famous singers like Dam Vinh Hung, Phuong Thanh, Thu Minh, Ha Anh Tuan, Hoang Bach, Pham Huy Du and more.

Among the awards’ biggest winners in the past, Le Huynh Duc, who is now SHB Da Nang’s head coach, won the Golden Ball award in 1995, 1997, 2002 and Silver Ball prize in 1998, 1999 and 2000.

Le Cong Vinh of Hanoi T&T, currently Vietnam’s top footballer, won the top title in 2004, 2006 and 2007 and a Silver Ball in 2005.

Source: SGGP

Source: QDND