Vietnam 

Korean Dentium debuts factory in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

    The Korean Dentium company, a high-quality implant producer, opens its first ICT Vina Factory in the central city’s Hi-Tech Park after four months of construction. — Photo courtesy of Đà Nẵng Hi-Tech Park  ĐÀ NẴNG — The Korean Dentium company, a high-quality implant producer, has introduced its first ICT Vina Factory in the central city’s Hi-Tech Park after four months of construction. The deputy head of the Đà Nẵng Hi-Tech Park managing board, Phạm Trường Sơn, said the project, which was granted an investment licence last year, was built on…

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Vietnam 

VietBuild exhibition comes to Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A showroom of bathroom equipment in Đà Nẵng. More than 1,000 pavilions of 300 businesses will display their products at the International Vietbuild Exhibition on May 15-19. — VNS Photo Công Thành  ĐÀ NẴNG — More than 1,000 pavilions of 300 businesses from the US, Germany, Italy, Spain, Portugal, Japan, mainland China, India, Malaysia, Taiwan, Korea and Việt Nam will display their products at the International Vietbuild Exhibition on May 15-19. Head of the organising board, Nguyễn Đình Hùng, said 129 joint-venture and foreign businesses have registered to…

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Vietnam 

Corp 2 VietBuild exhibition comes to Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A showroom of bathroom equipment in Đà Nẵng. More than 1,000 pavilions of 300 businesses will display their products at the International Vietbuild Exhibition on May 15-19. — VNS Photo Công Thành  ĐÀ NẴNG — More than 1,000 pavilions of 300 businesses from the US, Germany, Italy, Spain, Portugal, Japan, mainland China, India, Malaysia, Taiwan, Korea and Việt Nam will display their products at the International Vietbuild Exhibition on May 15-19. Head of the organising board, Nguyễn Đình Hùng, said 129 joint-venture and foreign businesses have registered to show off…

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Vietnam 

Investor proposes duty-free zone in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  A shopping centre in downtown Đà Nẵng. The Import-Export Pan Pacific Group (IPPG) has asked the central city to allocate land for the development of the first international standard downtown duty-free zone and factory outlet centre. VNS Photo Công Thành  ĐÀ NẴNG — The Import-Export Pan Pacific Group (IPPG) has asked the central city’s People’s Committee to allocate land for the development of the first international standard downtown duty-free zone and factory outlet centre. General director of the IPPG Lê Hồng Thủy Tiên made the request early this week, stating that the…

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Vietnam 

Japanese conglomerate seeks to invest in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Representatives from Ise Foods Inc and Đà Nẵng’s People’s Committee pose for a photo after the meeting. — Photo danang.gov.vn ĐÀ NẴNG — Ise Foods Inc expressed interest in investing in the hi-tech agriculture, food processing, health-care and high-end hospitality sectors in the central coastal city of Đà Nẵng during a meeting with local authorities this week. Founded in 1912, the company is now the largest egg producer in Japan with annual revenue of more than US$1 billion. It is also involved in hi-tech farming, food processing and renewable energy, according to the provincial portal.…

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Vietnam 

Đà Nẵng condotel market slows but remains robust – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  In the near future the  supply of condotels in Đà Nẵng will continue to expand, leading to fiercer competition. — Photo batdongsanexpress.vn HCM CITY — Due to the unclear regulations on condotels, the market in Đà Nẵng slowed down in the first quarter, according to Colliers International Vietnam’s Quarterly Knowledge Report. Buyers are becoming more cautious about developers’ promises of lofty returns, and developers themselves are also adopting caution before introducing new products, the report on the first quarter real estate market said. Though the future of condotels is unclear, investors…

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Vietnam 

PM askes Đà Nẵng, Quảng Nam to stabilise property markets – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Real estate agents seen on a street in Đà Nẵng. – Photo plo.vn Viet Nam News HÀ NỘI — Prime Minister Nguyễn Xuân Phúc has asked the People’s Committees of Đà Nẵng and Quảng Nam to work with the Ministry of Natural Resources and Environment and the Ministry of Finance to devise measures to stabilise their real estate markets. The order was issued amid reported unusual prices hikes in the two localities’ real estate markets. In Đà Nẵng, land prices in many areas have been inflated by…

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Vietnam 

Mikazuki Group commences resort project in Đà Nẵng – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News ĐÀ NẴNG — Japan’s Mikazuki Group commenced construction of the Đà Nẵng-Mikazuki Japanese Spa and Resort project – the first five-start resort and entertaiment centre in Đà Nẵng Bay – at a ground-breaking ceremony on Wednesday. The project, which has been designed as a Japanese-style centre of resort and recreation, will cover 12.3ha with total investment of more than US$100 million, offering a 500-room resort, a hotspring and water park and an ecological garden area. It’s expected to open in 2021. General director of…

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Vietnam 

Taiwanese firm buys 20 per cent stake in Đà Nẵng Port – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

A ship anchored at Đà Nẵng Port. The port company has announced its principle shareholders had sold a 20 per cent stake to Taiwanese shipping firm Wan Hai Lines. — VNA/VNS Photo Lê Lâm Viet Nam News HÀ NỘI — Taiwanese shipping company Wan Hai Lines has acquired a 20 per cent stake in Đà Nẵng Port JSC to become the new principle shareholder of the Vietnamese port. The Taiwanese firm purchased Đà Nẵng Port shares through its sub-unit Wan Hai Lines (Singapore) Pte Ltd. Wan Hai…

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Vietnam 

Đà Nẵng grants value certificate to six local products – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News ĐÀ NẴNG – The central city of Đà Nẵng has awarded the “Đà Nẵng Value 2018” certificate to six locally-made products in a move to encourage the production of unique local goods serving tourists. The six products include Merriman-branded men’s shirts and pants with expandable waist band of the Hòa Thọ garment company, the model of Rồng (Dragon) bridge made by Lê Quang Huy fine arts import-export company, and Hương Quế-branded shoe insole of Hương Quế company. Đà Nẵng began to select typical tourism…

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