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Friday's Tale Chaotic condotel business By Son Nguyen Thursday,  Dec 5, 2019,20:42 (GMT+7) Chaotic condotel businessBy Son Nguyen All are in a mess – for State agencies, localities, businesses, and property buyers – after the owner of the property project Cocobay in Danang City announced that it could no longer live up to its promise of paying an annuity of 12% for buyers of its condotel units. The shockwave is felt, not only because of the extent of imminent damages caused by the project’s failure as Cocobay is probably the biggest condotel project in the country. Rather, it is because the collapse of this business model at Cocobay is seen having a domino effect on a business sector that has shot to “stardom” lately. Confusion is also seen as authorities rush to handle projects that are now moving to brinksmanship in the absence of a legal framework. The collapse, say experts, is just a matter of … [Read more...] about Chaotic condotel business

The Government Inspectorate (GI) has announced conclusion of its inspection of the acquisition of Audio Visual Global (AVG) by State-owned communications giant Mobifone (Source: anvientv.net) Hanoi (VNA) - The Government Inspectorate (GI) has announced conclusion of its inspection of the acquisition of Audio Visual Global (AVG) by State-owned communications giant Mobifone, and proposed starting legal proceedings and investigation into the case. In an announcement issued on March 14, the GI said the case was extremely serious, as Mobifone, the Ministry of Information and Communication and related agencies had committed many wrongdoings during the process of acquisition. Thus the GI recommended that the Prime Minister instruct the Minister of Information and Communication to consider and annul the decision approving Mobifone’s investment in television service and transfer the case to the Ministry of Public Security for investigation.  The GI’s inspection found that … [Read more...] about Gov’t Inspectorate proposes investigation into Mobifone’s purchase of AVG

Party General Secretary Nguyen Phu Trong, Prime Minister Nguyen Xuan Phuc, WEF Founder and Executive Chairman Klaus Schwab and heads of delegations to WEF ASEAN 2018 pose for group photos (Photo: Thong Nhat/VNA)   Hanoi (VNA) – Heads of state from across Southeast Asia on September 12 hailed the technological opportunities for the region in the Fourth Industrial Revolution (4IR). The leaders are attending the World Economic Forum on ASEAN (WEF on ASEAN), themed “ASEAN 4.0: Entrepreneurship and the Fourth Industry Revolution” that attracted the participation of over 1,000 delegates who are WEF members and representatives of businesses from around the world. “The opportunities brought about by the 4IR are indeed enormous,” Vietnamese Prime Minister Nguyen Xuan Phuc told the opening plenary of the ongoing event in Hanoi. “The start-up atmosphere is truly permeating throughout ASEAN,” he said.    Prime Minister Nguyen Xuan … [Read more...] about ASEAN leaders highlight opportunities in 4IR

THE MARQ – TIMELESS ELEGANCETanmy celebrates 50th anniversaryDutch Lady: the story of the 20 golden minutes and Việt Nam’s safest fresh milkManutronics’ trillion worth of “handshake” in global automotive electronics industryWorld's Leading Cultural Tourist Attraction 2019   The end of 2018 saw significant events in the Vietnamese e-commerce market. Tiki surpassed Lazada to occupy the second position in the market in quarter IV/2018 and Vietnamese e-commerce companies are in the top 10 of Southeast Asia’s highest-traffic e-commerce sites. A fruitful year for e-commerce After a wide range of dynamic activities in 2018, Viet Nam’s e-commerce is in the world’s largest e-commerce markets with total revenues of US$2,269 million, increasing by 29.4 per cent year over year. The number of consumers shopping on e-commerce sites reached 49.8 million people, growing by 2.6 per cent. 72 per cent of e-commerce purchases were made on … [Read more...] about Viet Nam’s e-commerce ranking order suddenly changes in quarter IV/2018

SINGAPORE - Media OutReach - December 21, 2018 - 4 more days to Christmas and you're nowhere near ready for your Christmas parties. Friends and family members will throng your house over the next few days and you're panicking at the emptiness of your fridge. Well, fret not because Amazon is here to help you get what you need just in the nick of time. The local tab on the Prime Now app brings tens of thousands of items to your doorstep within a 2-hour delivery window with free delivery on purchases of more than $40 -- this is true convenience for the procrastinator in all of us. For feeding the masses 1.Culina Oven Baked Crispy Pork Belly, $54.63 Forgot to place an advanced order for some meats and worry that it's now too late? Fret not, order this crispy oven-baked crispy pork belly with gourmet as part of the centerpiece for your table. It will be delivered chilled, so you have the option of popping it into the oven when your party is just about to kick into full … [Read more...] about The Procrastinator’s Guide to Getting Your Table, Christmas-Ready this Holiday Season