Showing posts with label HCMC. Show all posts
Showing posts with label HCMC. Show all posts

Thursday, February 24, 2011

Xin Chao upgrades city’s circus theater for new show

Vietnamese performers practice the “Xin Chao” production at the HCMC Circus Theater in downtown area on Tuesday - Photo: Mong Binh
HCMC – Xin Chao Art Performance Co. Ltd. is investing heavily in the upgrade of the HCMC Circus Theater at September 23 Park in District 1 in preparation for the premiere of a major show about Vietnam for international tourists and locals.

Augustus Greaves, operation director and producer of the Vietnamese company Xin Chao, told the Daily on Tuesday that the cultural show entitled “Xin Chao” (hello) had three parts featuring the tale of Lac Long Quan and his wife Au Co, heroines Trung Sisters and the present life of Vietnam. The aim is to show the country’s rich culture to the world.

To make the circus theater an attractive venue for recreation, Greaves said the site would be given a facelift after the upgrade to incorporate areas for audiences to enjoy drinks and buy souvenirs before and after the production.

Greaves did not disclose the exact investment in the facelift but said the company was spending a substantial amount of money on renewing the theater on Pham Ngu Lao Street and adjacent to an area of international backpackers in HCMC.

Again, he did not say how much the company had invested in producing the “Xin Chao” show but noted this kind of show would normally cost US$250,000 based on a research that he had made from art performing shows around the world.

The production is scheduled for a premiere in early December, a time when international visitor arrivals in HCMC pick up. Greaves said foreign visitors to Vietnam had been rebounding strongly and growing nearly 35% year-on-year.

According to the Vietnam National Administration of Tourism (VNAT), the country attracted more than 3.7 million international visitors in the January-September period, an impressive increase of 34.2% over the same period last year.

The majority of international visitors to Vietnam go through HCMC, giving the company confidence in the success of the show of 80 minutes including intermissions.

Greaves said Xin Chao had met with travel agents in Vietnam and other markets including Thailand, the Philippines and Korea to promote the show. “We have received a good response from these travel agents.”

The company plans to stage “Xin Chao” every day in the early evening so that audiences will have time to go out for dinner at restaurants, drinks at bars and shopping in this economic hub of Vietnam.

Greaves said Vietnam was a beautiful country of internationally renowned attractions, and HCMC was the destination of most of inbound tourists to Vietnam. However, most attractions here are daytime activities focused on visitation and photography.

“Xin Chao is a theatrical attraction and experience to fill the gap in HCMC nighttime entertainment markets,” Greaves said.

The all-Vietnamese cast includes more than 50 performers and employs some of the country’s top acrobats, martial artists and traditional/contemporary dancers. Experienced producer and director Laura Burke has applied her film making talents in scripting the stories of Vietnam into an internationally appealing story line.

Burke has also written a music score featuring the traditional sounds of Vietnam. “The Xin Chao experience will be wonderful for Vietnamese guests and will make memories for tourists to take back home,” Greaves said.

Xin Chao described the production as the same genre as Cirque du Soleil, which was originally Canadian and is now a global phenomenon including popular shows in Japan and Macau; Voyage de la Vie in Singapore and Siam Niramit Cultural Show in Thailand’s Bangkok.

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Saturday, January 22, 2011

Grand celebrations, floods cause scarcity of air tickets

VALC gets fourth ATR72-500

HCMC - Air tickets for flights between HCMC and Hanoi have become scarce as demand for air travel on this route is rising because of the ongoing 1,000th birthday festival of Thang Long-Hanoi and flooding impacts in central Vietnam.

Vietnam Airlines on Thursday started to increase flight frequencies between the two biggest cities of Vietnam, especially those from HCMC to Hanoi, where the grand celebrations are taking place until October 10. For this reason, the airline adds 13 flights to this route until Monday.

The national flag carrier operated two more flights from HCMC to Hanoi on Thursday, five on Friday, one on each of Saturday and Sunday, and four more services from Hanoi to HCMC on October 11.

Besides the millennial celebrations, Vietnam Airlines has decided to increase frequencies because flooding in certain parts of central Vietnam has impacted travel by road and rail in the region, pushing the demand for air travel higher.

Vietnam Airlines said that with the extra services, it operated 32 daily flights on average on the HCMC-Hanoi route until Monday and offered 8,860 seats a day to the market.

Jetstar Pacific will not increase flight frequencies on the HCMC-Hanoi route as this low-cost carrier cannot arrange its aircraft reasonably on the fact that the demand is much higher for air travel from HCMC to Hanoi than the opposite direction on the same days.

A Jetstar Pacific executive told the Daily on the phone on Thursday that it had sold out all the air tickets for its flights from HCMC to Hanoi until October 9, and the tickets for the services on October 10 are running out. Almost all the tickets for the flights on the opposite direction on Monday and Tuesday have been booked.

Jetstar Pacific operates 10 flights between HCMC and the capital city, using Airbus A320s with 180 seats and Boeing 737-400s with 168 seats. The country’s second largest airline now has one Airbus and five Boeing aircraft.

Air Mekong cannot give much help in the air ticket shortage as the start-up airline will launch services this Saturday, with around two flights for the HCMC-Hanoi route using Bombardier CRJ-900s configured with 90 Deluxe and Economy-class seats.

The private airline is expected to receive an air operator certificate (AOC) from the Civil Aviation Administration of Vietnam in Phu Quoc Airport in the Mekong Delta province of Kien Giang on Friday, and announce its maiden services on Saturday.

Initially, Air Mekong will conduct 26 daily flights by four Bombardier CRJ-900s before increasing frequencies to 34 daily services flights on 10 domestic air routes to the airports in HCMC, Hanoi, Phu Quoc, Con Dao, Pleiku, Buon Ma Thuot and Dalat, and the central city of Danang.

* Vietnam Aircraft Leasing Join Stock Co. (VALC) on Thursday took delivery of a fourth ATR72-500 plane in France’s city of Toulouse as part of a batch of five aircraft of this type the local company already ordered from manufacturer ATR.

VALC will get the fifth ATR72-500 in December this year in the US$100 million-plus deal between the company and French Avion de Transport Regional (ATR). All the aircraft will be leased to Vietnam Airlines.

Tran Long, general director of VALC, said the company was completing procedures to receive 10 Airbus A321-200s from the European aircraft maker in 2012 and 2013. Again, these planes will be put into service by Vietnam Airlines.

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Tuesday, January 18, 2011

Theme park builder concerned about nearby waste complex

HCMC – The developer of the Disneyland-style Happyland Vietnam project in the southern province of Long An on Wednesday expressed grave concern over a nearby, huge waste treatment project still under preparation.

The US$2 billion Happyland Vietnam tourism and recreational project is to be developed by a subsidiary of the HCMC-based Khang Thong Group. This theme park, expected to cover 300 hectares along the Vam Co Dong River in Ben Luc District, suddenly finds itself located in close proximity with what will become a dumpsite nearly six times larger.

This huge “land of happiness” is expected to start construction early next year and to open from April 2014 with an estimated 14 million visitors a year, said Nguyen Anh Diep, CEO of Happyland Entertainment Development Joint Stock Company under Khang Thong Group.

Diep told the Daily on Wednesday that “the company is very concerned about negative impacts on his Happyland project because of bad odor from the Thu Thua Waste Treatment Complex” some 3km away.

The waste treatment site – which is still in the process of making the feasibility study – is to be developed by Vietnam Waste Solutions Company Limited (VWS), also the developer of Da Phuoc Waste Treatment Complex in HCMC that has already caused huge grievances to local residents.

“Environmental pollution could be occurring like what has been happening at Da Phuoc Waste Treatment Complex. If air is to be polluted, millions of visitors at the tourism area would suffer,” Diep said.

The future operation of the huge dumpsite will also damage the view of the park, he said.

Diep explained Happyland Vietnam was designed with a riverfront section stretching some 3.7 kilometers along the Vam Co Dong River, so it will be very inconvenient for visitors to see waste being transported from HCMC to the waste facility on barges passing by the river everyday.

Talking to the Daily on the phone on Wednesday, a leader of Long An Province said the province would strictly oversee the waste treating process of the Thu Thua Waste Treatment Complex to control environmental pollution when it starts operation. However, the leader gave no further comment on negative environmental impacts on the tourism project.    

The dumpsite investor, meanwhile, is proceeding with the project, and is to hold a press conference on Thursday to announce the feasibility study including treatment technologies and investment capital.

Pham Thi Thuy Nga, communications manager of VWS, told the Daily on Wednesday that the company was expected to spend some US$700 million on this huge waste treatment facility over a period of 20 years.

Earlier, the Ministry of Construction and authorities of HCMC and Long An had given approval for VWS to develop the waste treatment area in Tan Thanh and Thu Thua districts of Long An to help treat large amounts of household waste for both Long An and HCMC.

The plan for developing Thu Thua Waste Treatment Complex was agreed upon in 2002 by Long An and HCMC governments. Meanwhile, the investor of Happyland Vietnam project got an investment certificate for the tourism and recreational site around two years ago.

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Tuesday, January 11, 2011

Supermarkets report strong earnings in Big Sale month

Customers flood a food counter at the Big C Hoang Van Thu Supermarket. Food and cosmetics items were more sought after during the Big Sale month - Photo: Minh Tam
HCMC – Many supermarkets in HCMC have reported strong sales in September when the Big Sale month was launched citywide by the city’s Department of Industry and Trade.

Most supermarkets witnessed 15% to 30% growth in September sales against the previous month, but some saw the growth rate close to 50%. Store chain operators attributed the high growth rate to deep discounts – between 5% and 50% - on thousands of items during the month.

Saigon Co.op, which is the biggest domestic store chain operator, said its revenue surged 45% in September against August, and even 50% higher compared to that in the year-earlier period.

“Consumers spent more during the month,” said a representative of Saigon Co.op.

Maximark chain has not had the growth figures for its stores in HCMC, but the chain’s revenue from all stores including in Nha Trang and Can Tho expanded 15% year-on-year, said Nguyen Thi Phuong Thao, head of Maximark Cong Hoa.

Thao said Maximart launched the promotion not only in HCMC but chain-wide.

Duong Thi Quynh Trang, external relations manager of Big C, said the number of shoppers grew by 30% in September. “This is quite an upbeat figure, proving the attraction of the promotion month to consumers,” Trang told the Daily.

During festive days like the National Day on September 2, all supermarkets saw a shopping spree, and many stores had to extend the working hour by another 30 minutes, or mobilized more cashiers.

Several traders attributed the revenue rise to a new trend being established in the city, saying the sales promotion month has been launched for years, thus helping customers familiarize themselves with the shopping seasons of big discounts.

Apart from supermarkets, other trade centers and commercial facilities have not yet reported their September figures. The HCMC Department of Industry and Trade expects to have the final figures about the promotion month in the next few days.

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Friday, January 7, 2011

Fourth Gloria Jean’s Coffees outlet opened

The new GJC outlet on Nguyen Du Street in HCMC’s District 1 - Photo: Nhan Tam
HCMC – Phong Cach Song Viet Joint Stock Co. opened a fourth franchised Gloria Jean’s Coffees (GJC) shop in HCMC late last week, more than three years after Australia’s coffee brand debuted in Vietnam.

Franchisee Tran Uyen Vi, manager of the fourth GJC, said the new outlet was located at the premises of the Galaxy Nguyen Du Cinema, 116 Nguyen Du Street in District 1, HCMC, so it could expect a lot of guests, especially youth, who want to experience more than 30 kinds of tea and coffee.

The new GJC store is running a promotion till the end of October with each drink discounted 20%.

Tran Khanh Vy, managing director of Phong Cach Song Viet that is the general franchisee of GJC in Vietnam, said the company would open the fifth franchised GJC shop at Quoc Te Square in District 1, HCMC in November. The company is also working on plans to open more in years to come, mainly in the city.

The GJC brand was born in Australia in 1996. It has since been growing fast, with 500 stores in Australia, over 400 in Asia and the Middle East, and over 300 in the U.S.

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Friday, December 31, 2010

Countries of CLMV join hands for tourism development

Vo Anh Tai (R ), director of Saigontourist Travel Service Co., talks with foreign partners at the International Travel Expo in HCMC’s District 7 - Photo: Dao Loan
HCMC - High-ranking tourism officials of Cambodia, Laos, Myanmar and Vietnam, often referred to as CLMV, on Thursday announced in HCMC that they had agreed to join hands in many activities to develop tourism in the four countries.

The four tourism ministers agreed on the cooperation on Wednesday in a meeting as part of the sixth International Travel Expo in HCMC, which kicked off in HCMC on Thursday.

Tran Chien Thang, Vietnamese Deputy Minister of Culture, Sports and Tourism, said that the four sides would join hands in marketing activities, in organizing tourism investment forums, and developing human resources.

The four ministers also agreed on concerted efforts to make transport easier for citizens and international tourists to travel to and from the countries, and would seek ways to links tours between the four destinations. Efforts would also be made to open air routes linking the region’s world heritage sites.

The four ministers also agreed to organize the ministerial meeting in every two years to further discussions about the cooperation.

“We want to use the tourism industry as a lever to reduce poverty,” said Somphong Mongkhonvilay, tourism minister of Laos.

Tourism cooperation among the three countries of Cambodia, Laos, and Vietnam was formally initiated in 2007, when the three tourism ministers signed an agreement to this effect. The cooperation is now further widened with the participation of Myanmar this year.

The Laos minister said that the three countries were doing well in joint promotion activities, in organizing caravan tours, and making transport easier for citizens and international tourists.

“The number of flights between the three destinations is increasing. Overland transportation is easier. We are talking with the Governments to open more border gates for tourists to travel through,” he said.

Tourism officials said transportation is very important to help develop the tourism industry.

“Making transport easier is very important especially for visitors from outside the region. We should help them get visas in international border gates. We are talking with Governments to build more highways for better transportation,” said Thong Khon, Cambodia’s tourism minister.

The tourism ministers of Laos and Cambodia said that international tourists to the two countries can make visa procedures at international gates. Meanwhile, for Vietnam, tourists can get visa at the embassy or at international gates, but in the second way local travel firms must be there to assist such visitors.

The travel expo kicked off on Thursday at the Saigon Convention and Exhibition Center in District 7. Along with the exhibition, buyers and sellers are continuing business meetings there.

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City officials reveal solutions to traffic congestion

A new high-rise building going up in downtown HCMC. The HCMC Institute for Development Studies (HIDS) is going to work with relevant agencies to find  measures to cope with chronic traffic congestion, especially in the downtown area where more and more buildings are springing up - Photo: Le Toan
HCMC - The HCMC Institute for Development Studies (HIDS) has been assigned to team up with relevant agencies to map out proactive measures to deal with chronic traffic jams in this economic hub of Vietnam.

The measures would likely cover restriction on bikes and skyscraper buildings in downtown areas as well as a brake on HCMC’s population as revealed by HIDS president Nguyen Trong Hoa and Tran Chi Dung, director of the city’s Department of Urban Planning and Architecture.

Hoa and Dung answered a host of queries in relation to the city’s urban planning vision to 2025 from companies and organizations at a business luncheon held in here on Wednesday by the European Chamber of Commerce (EuroCham) in Vietnam.

Hoa said HIDS was working on policies to restrict bikes in downtown areas and impose fees on vehicles running into the central business district, while earmarking prioritized streets for buses. He stressed these policies would probably result in public outcry but would be a must to ensure sustainable development for the city.

Dung of the department confirmed public transport network took one of the focuses of the HCMC government and this was proved by substantial investment in buses over the past year. But, public transport means can meet a mere 7% of the demand compared to 20-30% as targeted.

In its development strategy, the city will have modern subway, monorail and tram systems to lure citizens to public transport means, and investment capital is being sought from different sources, including official development assistance (ODA) loans to translate these projects into reality.

Dung said more ODA loans had been pledged from Europe for metro developments in HCMC. The first metro route stretching over 19 kilometers from Ben Thanh Market to Suoi Tien has its depot constructed and is scheduled to go online in 2015.

Hoa of HIDS said the chronic traffic congestion in HCMC would be eased when six planned metro routes are in place. However, he said this would be possible if the city’s population was capped at 10 million.

An adjusted master zoning plan for HCMC until 2025 envisages the city’s population at 10 million and the number of non-residents at 2.5 million. In that year, up to 7.4 million of the citizens will live in the central area and the rest in outlying districts.

HCMC’s residential area will be limited at 90,000-100,000 hectares by 2025 and the central districts account for some 49,000 hectares. Hoa said as the city’s land could not be widened, its citizens should not be more than 10 million.

“Ten million citizens will be the maximum population that HCMC can endure in terms of accommodation and traffic movement, given the roads, beltways, bypasses, bridges, schools, hospital and houses the city has now and in the future,” Hoa explained.

At the luncheon, the audience also raised questions about licensing new high-rise buildings in downtown area and its impact on traffic jams. Hoa said new projects would be approved in accordance with a new zoning plan for the central business district.

“New high-rise developments will continue to go up in downtown area but their licensing will be weighed carefully,” Hoa said. He added it was difficult for the department to consider new projects in the absence of the zoning plan.

Dung expected the zoning plan would be completed and passed by the end of this year. He said more than 100 of the some 255 high-rise projects would be approved and developed.

“We and the HCMC planning and architecture council will consider every new project before making the report to the city leaders to seek appropriate measures to meet the needs of investors,” Dung said.

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Wednesday, December 22, 2010

PPI gets land for residential development

An artist’s impression of Water Garden Apartment in HCMC’s Thu Duc District
HCMC - Local property developer Pacific Property and Infrastructure Development JSC (PPI) has won approval from the HCMC government to develop a housing project at a location formerly allocated to another developer.

Phan Anh Dung, deputy general director of the company, told the Daily on the phone on Tuesday that work had started on a detailed design and necessary procedures for a construction license so that the project in the outlying district of Thu Duc could get off the ground pretty soon. The former developer delayed its project for over 10 years.

The city authorities handed over two hectares of land in Hiep Binh Chanh Ward to Phu Nhuan Housing Trade and Construction Company in 1998, but the company had not finished compensation and site clearance.

Dung said PPI planned to invest some VND1.3 trillion to develop the Water Garden Apartment project comprising four blocks of flats, retail podium and other service facilities.

The city, however, has given PPI a deadline for finishing construction and warned that the city will revoke the land if the company also fails to complete necessary procedures to get the project moving within 12 months from the date of receipt of the land.

Work on the project will begin in the middle of next year and be completed within four years.

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Friday, December 17, 2010

Sept dollar credit growth up strongly in HCMC

HCMC – Outstanding loans in foreign currency, mostly the U.S. dollar, at credit institutions in HCMC by the end of this month are forecast to expand 36% from late last year to VND186.1 trillion, according to central bank figures.

The figures from the central bank’s HCMC branch show September dollar credit growth at commercial banks in the city is seen reaching 6.1% month-on-month, up from the 1% recorded in August.

Banks have reported an 8.5% rise in September dollar mobilization from August after they hiked dollar deposit rates early this month. Meanwhile, the amount of dollars raised in August was down 4% month-on-month.

Therefore, banks in the city may have raised a total of VND181.25 trillion by late this month, up 8.4% from late 2009. So outstanding dollar loans continue surpassing mobilization in September and part of the reason is that foreign banks have ample cheap dollar funds from their mother banks and foreign institutions.

In contrast to the dollar mobilization, HCMC banks’ Vietnam dong fund raising in the first nine months this year has been higher than credit growth. By late September, the volume of dong deposits is projected to amount to VND530.7 trillion, up 21.7% from late last year, and outstanding loans VND463.3 trillion, up 9.4% from late 2009.

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Sept dollar credit growth up strongly in HCMC

HCMC – Outstanding loans in foreign currency, mostly the U.S. dollar, at credit institutions in HCMC by the end of this month are forecast to expand 36% from late last year to VND186.1 trillion, according to central bank figures.

The figures from the central bank’s HCMC branch show September dollar credit growth at commercial banks in the city is seen reaching 6.1% month-on-month, up from the 1% recorded in August.

Banks have reported an 8.5% rise in September dollar mobilization from August after they hiked dollar deposit rates early this month. Meanwhile, the amount of dollars raised in August was down 4% month-on-month.

Therefore, banks in the city may have raised a total of VND181.25 trillion by late this month, up 8.4% from late 2009. So outstanding dollar loans continue surpassing mobilization in September and part of the reason is that foreign banks have ample cheap dollar funds from their mother banks and foreign institutions.

In contrast to the dollar mobilization, HCMC banks’ Vietnam dong fund raising in the first nine months this year has been higher than credit growth. By late September, the volume of dong deposits is projected to amount to VND530.7 trillion, up 21.7% from late last year, and outstanding loans VND463.3 trillion, up 9.4% from late 2009.

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Monday, December 13, 2010

Travel expo to upgrade into Mekong Sub-region event

HCMC – The organizing committee of the International Travel Expo in HCMC is working on a plan to heighten its status to make the expo a Mekong Sub-regional event by engaging Myanmar and China’s Yunnan Province, an official said.

La Quoc Khanh, deputy head of the committee, said that an invitation has been extended to Myanmar, calling this nation to join this year’s event rather than only three Indochina countries. Later, Yunnan of China will also be asked to participate in following events to make it a professional travel expo of the sub-region in the near future, he said.

“We want to make a new theme to promote the common image of the four countries in 2011 once a common voice is reached among the four tourism ministries of Vietnam, Laos, Cambodia and Myanmar in this travel expo,” he said in a meeting to promote the event in HCMC last Friday.

The sixth annual event will take place from this Thursday to Saturday at the Saigon Exhibition & Convention Center in Phu My Hung, District 7.

As of last Friday, 170 local and foreign exhibitors have registered to join the expo. More than 150 foreign buyers will also join the event compared to 100 buyers last year.

Alongside the exhibition will be the ASEAN Tourism Investment Forum, Tourism Ministers Meeting, Tourism Alliance Awards and the ITE HCMC 2010 Golf Tournament. Familiarization trips will be organized for foreign guests to explore tourist attractions and services.

At the event in 2007, tourism ministers of Vietnam, Laos, and Cambodia inked a joint declaration on tourism cooperation to make the three countries a common destination for international tourists.

Khanh said the tourism sector has not been doing well some joint activities like developing human resources and drawing a common tourist map. However, via the cooperation, the travel expo has been better known worldwide, and at the same time, the three Indochina countries’ tourism image has also been better promoted.

The Vietnam National Administration of Tourism and the HCMC Department of Culture, Sports and Tourism are collaborating with IIR Exhibitions Pte Ltd and VINEXAD to organize the international travel expo.

Khanh said that the organizing committee in this year offers incentives to small and medium-scale companies who want to join the event. “Such companies can enjoy a discount of up to two-thirds compared to big-scale companies,” he said.

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Sunday, December 12, 2010

Travel expo to upgrade into Mekong Sub-region event

HCMC – The organizing committee of the International Travel Expo in HCMC is working on a plan to heighten its status to make the expo a Mekong Sub-regional event by engaging Myanmar and China’s Yunnan Province, an official said.

La Quoc Khanh, deputy head of the committee, said that an invitation has been extended to Myanmar, calling this nation to join this year’s event rather than only three Indochina countries. Later, Yunnan of China will also be asked to participate in following events to make it a professional travel expo of the sub-region in the near future, he said.

“We want to make a new theme to promote the common image of the four countries in 2011 once a common voice is reached among the four tourism ministries of Vietnam, Laos, Cambodia and Myanmar in this travel expo,” he said in a meeting to promote the event in HCMC last Friday.

The sixth annual event will take place from this Thursday to Saturday at the Saigon Exhibition & Convention Center in Phu My Hung, District 7.

As of last Friday, 170 local and foreign exhibitors have registered to join the expo. More than 150 foreign buyers will also join the event compared to 100 buyers last year.

Alongside the exhibition will be the ASEAN Tourism Investment Forum, Tourism Ministers Meeting, Tourism Alliance Awards and the ITE HCMC 2010 Golf Tournament. Familiarization trips will be organized for foreign guests to explore tourist attractions and services.

At the event in 2007, tourism ministers of Vietnam, Laos, and Cambodia inked a joint declaration on tourism cooperation to make the three countries a common destination for international tourists.

Khanh said the tourism sector has not been doing well some joint activities like developing human resources and drawing a common tourist map. However, via the cooperation, the travel expo has been better known worldwide, and at the same time, the three Indochina countries’ tourism image has also been better promoted.

The Vietnam National Administration of Tourism and the HCMC Department of Culture, Sports and Tourism are collaborating with IIR Exhibitions Pte Ltd and VINEXAD to organize the international travel expo.

Khanh said that the organizing committee in this year offers incentives to small and medium-scale companies who want to join the event. “Such companies can enjoy a discount of up to two-thirds compared to big-scale companies,” he said.

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Thursday, December 2, 2010

Air Mekong to sell fares online from Thursday

Air Mekong fares are available on the web for guests to book - Photo: Binh Nguyen
HCMC - Vietnam’s private airline Air Mekong has loaded airfares on its website on Thursday for its domestic flights departing from October, with a one-way fare starting from VND400,000 (US$20.5).

Truong Thanh Vu, director of commercial service at Air Mekong, told the Daily on the phone on Wednesday after the airline held a press conference in Hanoi to announce its air routes that the VND400,000 was for a single trip from HCMC to Con Dao, Phu Quoc, Pleiku and Buon Ma Thuot from October 9. Other fare levels are VND800,000 and VND1.2 million for longer-haul services.

Initially, guests can book Air Mekong’s fares on its website at www.airmekong.vn and its ticketing office at the Syrena building in Hanoi on Thursday and a ticketing counter at Tan Son Nhat Airport on Friday. They are allowed to use Visa, MasterCard, JCB and Amex credit cards, ATM debit cards and cash to pay online or at ticketing counters.

Vu said 12 types of ticket would also be available for sale at nearly 200 agents in cities and provinces of Vietnam.

Air Mekong will use four three-year-old Bombardier CRJ-900s configured with 10 Deluxe-class and 80 Economy-class seats for 26 daily flights. Vu said the start-up carrier would increase its daily frequencies to 34 flights on 10 air routes in November, a time when demand for air travel begins to pick up within Vietnam.

The airline will conduct four services between HCMC and the resort island of Phu Quoc, two on each of the HCMC-Hanoi and HCMC-Con Dao routes. Vu said the carrier would offer passengers various options to fly between HCMC and Hanoi via a stopover in Pleiku, Buon Ma Thuot or Dalat in the Central Highlands region.

The routes via a stopover will be exploited only by Air Mekong.

“This differentiates us from other airlines. Our new routes will stimulate new demand for air travel, and at the same time we focus on the routes on which the demand has not been fully met,” Vu said.

Business and leisure travelers are among Air Mekong’s target passengers. Vu said Air Mekong was operating as a traditional airline, so it would serve guests foods and drinks aboard all the flights.

Air Mekong will be the country’s sole operational private airline since Indochina Airlines was grounded in late October. Other passenger carriers currently in service are Vietnam Airlines and its subsidiary Vietnam Air Service Co. (Vasco) and Jetstar Pacific.

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Monday, November 29, 2010

Tunnel connects under Saigon River

HCMC chairman Le Hoang Quan grants badges to 34 persons with outstanding contributions to the project
HCMC – HCMC on Tuesday held a ceremony to mark the successful linkage of all the four elements of the Thu Thiem Tunnel that crosses beneath the Saigon River.

The place where the final concrete is poured to link up the Thu Thiem Tunnel with District 1 - Photos: Kinh Luan
Luong Minh Phuc, director of the HCMC East-West Highway and Water Environment Project Management Unit, said installation of traffic control and safety devices inside the tunnel would be completed by next March. The highway, including the tunnel, will be inaugurated in the second quarter of 2011.

The HCMC government has established the Thu Thiem Tunnel management board to operate the project after the whole East-West Highway is fully opened to traffic. 

The tunnel, which links the city’s commercial district and Thu Thiem Peninsula, is the most important work of the highway project. It is about 1.4 kilometers long and 33 meters wide.

The six-lane tunnel will allow a maximum speed of 60 kilometers an hour and help relieve traffic congestion.

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Tuesday, November 23, 2010

PM approves renewed VN-U.S. air transport pact

HCMC - The Prime Minister has endorsed an air transport agreement that officials of Vietnam and the United States renewed in May this year with an aim to further open the passenger and cargo transport markets for carriers of the countries to capitalize on emerging opportunities.

In Decision 1687/QD-TTg dated September 15, Prime Minister Nguyen Tan Dung told the Ministry of Transport to oversee implementing the agreement signed by Minister Ho Nghia Dung and U.S. Ambassador to Vietnam Michael W. Michalak in Hanoi.

Lai Xuan Thanh, deputy director general of the Civil Aviation Administration of Vietnam (CAAV), told the Daily last week that the renewed U.S.-Vietnam Air Transport Agreement would be effective until December 31, 2012 and subject to future renewals.

According to CAAV, the agreement is mainly based on an Open Skies accord for all-cargo services that Vietnam and the U.S. initialed around two years ago to liberalize their bilateral civil aviation relations. So, liberalization of cargo services is the most significant change scope of the new pact.

U.S. cargo carrier FedEx is cashing in on the increasing cargo services between the U.S. and Vietnam. Vietnam’s Trai Thien Air Cargo is finalizing procedures to take off, but targets Vietnam and other Asian markets in the initial time.

CAAV said passenger services terms of the new pact almost remained unchanged because Vietnam still held its right to consider awarding the fifth freedom for American airlines to disembark passengers traveling from Vietnam or board their flights at some stopovers in the northeast of Asia.

American carrier Delta Air Lines had to suspend its Tokyo-HCMC service in late March this year, nine months after running this air route, as a result of network restructuring and lacking the fifth right.

Delta Air Lines now joins a code-share service with Vietnam Airlines because both are members of the world’s airline alliance SkyTeam.

United Airlines is now the sole American operator of direct flights between Vietnam and the U.S. This carrier has flown to Tan Son Nhat International Airport via Hong Kong International Airport since 2004.

United Airlines sells discount airtickets from US$125 in September for a two-way trip between HCMC and Hong Kong. The carrier will open a new office in the Sunwah building on Nguyen Hue Boulevard in downtown HCMC later this month.

Vietnam Airlines is expected to launch its long-awaited direct passenger services to the U.S. in the second half of next year as the airline’s chief executive officer Pham Ngoc Minh told reporters at the 19th World Economic Forum on East Asia 2010 in HCMC in mid-2010.

Minh said the flagship carrier would commence the commercial passenger flights to the U.S. when the aviation authorities of the two countries had reached agreement on technical barrier and air control standards, hopefully in 2011.

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Monday, November 22, 2010

Danang gets new roadside rest stop

HCMC - Trung Thuy Joint Stock Company last Saturday opened a roadside rest area for tourists in the central coast city of Danang.

The eight-hectare Hai Van Rest Stop has a parking lot, rest-rooms, restaurant, mini supermarket and areas for relaxation. The owner targets foreign and local travelers who travel in the central region.

Company chairwoman Duong Thanh Thuy said her company is investing around VND150 billion in the project and is preparing for the second phase with handicrafts villages, villas, bungalows and Spa and gym facilities. The HCMC-based firm expects to complete construction of the new area in 2012.

The company also owns the 12,000 square-meter Mekong Rest Stop in Long An Commune in Long An Province’s Chau Thanh District.

In a broader plan, the business will build a network of stop-over stations, including one in Long Thanh District of the southern province of Dong Nai this year.

For other projects, the company is also readying to break ground for its US$20-million resort in Dalat City late this month, a resort in Ba Ria-Vung Tau, and several office buildings in HCMC and has projects underway in Hanoi and Danang.

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Thursday, November 18, 2010

Mövenpick re-opens Saigon hotel, looks for more projects

HCMC – Swiss hotel group Mövenpick on Thursday celebrated the grand re-opening of the property under its management in HCMC following a US$15-million renovation, and unveiled its concentration on more projects in this potential market.

“We’re looking to manage at least two more hotel projects in Vietnam and will give our top priority to a seaside resort,” Andreas Mattmüller, chief operating officer of Mövenpick Hotels and Resorts in the Middle East and Asia.

Mattmüller shared the group’s aim for the Vietnamese market after a ribbon-cutting ceremony for the grand opening of its Mövenpick Hotel Saigon on Nguyen Van Troi Street in HCMC’s Phu Nhuan District.

Mattmüller said Mövenpick had contacted some hotel project developers in Vietnam and would announce the result in the near future.

Mövenpick is eyeing Nha Trang, Danang, Hue and Hoi An in central Vietnam and the resort city of Dalat in the Central Highlands region as part of the group’s plan to expand its presence out of HCMC and Hanoi, Mattmüller told a press conference before the ribbon-cutting ceremony.

With the re-opening of its hotel in HCMC after five months of renovation, Mövenpick Hotels & Resorts now manages two operational upscale hotels for both business and leisure travelers in Vietnam.

The Mövenpick Hotel Saigon has been redesigned in style with a new lobby design taking shape around four incandescent, central pillars and a home for business travelers. Twenty-seven new rooms bring the hotel’s total number to 278 in Superior, Deluxe, Premium, Family and Executive Club categories.

“HCMC is the second fast growing city in the developing world, and that means business men and women are arriving here in droves, pretty much 24/7,” said Knuth Kiefer, general manager in Vietnam for Mövenpick Hotels and Resorts.

“With these upgrades, we have kept pace in terms of amenity and technology while providing business and leisure travelers a respite from city life that is at once hip, serene and accommodating,” he added.

The new Mövenpick Hotel Saigon has restaurants serving international foods, especially Japanese and Chinese specialties as well as a wide selection of drinks. “Our restaurants, bars and lounges will all draw from one of the largest wine lists in Vietnam – more than 300 labels,” Kiefer said.

A Wellness Studio at the luxury hotel offers privacy and individual treatments over sheer expanse, ubiquitous mirrors and televisions.

In addition to new facilities, Kiefer said the Mövenpick Hotel Saigon was a good hotel for those who take early and late flights as the property is five minutes from Tan Son Nhat International Airport.

Kiefer presided over the 2008 renovation of Mövenpick’s sister property, the Mövenpick Hotel Hanoi that features a similar blend of the modern and traditional of East and West.

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Tuesday, November 16, 2010

British consultancy eyes HCMC IT education

Recruitment consultancy and IT outsourcing firm Harvey Nash Group has turned its sights to Ho Chi Minh City’s education and training sector due to its growth prospects.

The British company, which has had a presence in the city since 2003, plans to tie up with schools and IT training colleges and universities in the city, its CEO, Albert Ellis, told city vice chairman Le Minh Tri during a brief meeting Thursday.

Ellis is in HCMC for today’s inauguration of the British Council’s English teaching website for language schools.

Harvey Nash is also into financial consultancy in partnership with British insurer Prudential and with ANZ bank in Hanoi.

It employs over 2,500 IT professionals at its two facilities in HCMC and Hanoi.

“With a growing and youthful technology literate workforce, and an ambition to develop its software services, the country has become a natural home for many technologically sophisticated companies,” the company’s website says about Vietnam’s prospects.

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Thursday, October 28, 2010

Bitexco calls southern retailers northward

A view of The Garden shopping mall in Hanoi - Photo: Thanh Hang
HCMC - The Garden Investment and Trade Sole Member Company, a subsidiary of Bitexco Group, on Thursday met with retailers in HCMC to lure them to the retail component of The Garden project in Hanoi.

It was the first time the company had marketed the development in HCMC, it said. The Garden is the My Dinh area which is a new administrative and economic center for the capital city.

The Garden was launched in June last year, with residential, office and retail sections.

The developer told some 70 retailers in an event at the Caravelle Hotel in downtown HCMC on Thursday that six storeys and three basements providing 57,000 square meters in the project were large enough to suit everyone’s needs, including sections for entertainment, food and beverage, fashion, fitness, restaurant, cinema and café terrace.

Robin Neo Chow Hee, managing director of The Garden shopping mall, said the Vietnam retail market is set for strong growth, offering many opportunities. The growing demand for goods and services would create different segments for retailers.

Hee said foreign retailers have been interested in the market because of the country’s political stability and projected retail growth over the next three to five years.

The Garden is the first Bitexco Group shopping center development in Hanoi. The group is also developing Bitexco Financial Tower surrounded by Hai Trieu, Ngo Duc Ke and Ho Tung Mau streets in HCMC’s commercial district.

The 68-floor tower is planned to be on the market by mid-October this year with some 8,000 square meters for retail.

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Thursday, October 21, 2010

City lays special emphasis on furniture fair

Tran Vinh Nhung (standing), deputy director of the HCMC Department of Industry and Trade, fields questions from the press regarding HCMC Expo 2010 - Photo by Thai Hang
HCMC – Senior trade officials on Tuesday touted HCMC’s upcoming International Furniture and Handicraft Fair and Exhibition, or Expo 2010, as the special trade event of the country, expecting it to be a convergence point for local suppliers and overseas buyers.

Tran Vinh Nhung, deputy director of the city’s Department of Industry and Trade as the organizer, told a press conference on Tuesday that the city expected a greater outcome of Expo 2010 given far-reaching preparations for the show.

The expo, scheduled for October 6 to 10 at the Tan Binh International Exhibition and Convention Center in Tan Binh District, will feature 300 wood and handicraft exhibitors.

Alongside trade activities at the fairground, an Online Expo will also be featured, introducing local business profiles to international customers. Nhung of the department said 800 wood and handicraft makers have put their names down for “manning their online selling booths” on the website www.hcmcexpo.com.vn, an increase of 21% compared to same event last year.

As the global demand for furniture and handicraft products this year is on the path to recovery, Nhung expected the number of international visitors to the fair would rise sharply, resulting in better business prospects for the country’s woodworking industry. The expo outcome is to be further underpinned by aggressive marketing activities, Nhung said, adding “invitation letters have been sent to European and Asian countries and the U.S.”

Bui Thi Thanh An, representative of the Vietnam Trade Promotion Agency under the Ministry of Industry and Trade, told the press conference that a trade support program this year would assist exhibitors with the cost of inviting promising customers to the fair.

An said her agency had brought Expo 2010 on promotion trips to international fairs in China’s Guangzhou and Las Vegas of the U.S. where invitations have been sent to importers and retailers there. Furthermore, Expo 2010 has also been featured on furniture magazines such as Cens Furniture of China, South East Asia Furniture Manufacturers and Exporters Directory 2010, and Furniture Singapore, she said, explaining that the annual furniture expo of HCMC has now been recognized as an event of national significance.

“HCMC Expo has been part of the nation’s promotion programs since 2003 and it has contributed to the growth of wood and handicraft exports, which were only US$1.5 billion in 2005, US$2.6 billion in the time of recession, but expected to hit US$4.5 billion this year,” An said.

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