02:55 (GMT +7) - Monday 20/08/2018
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Hotels and resorts must keep pace with change

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Travel is changing and hotels and resorts of all sizes need to stay abreast of trends and even create their own.

Daily deal app raises funding from Japanese and South Korean funds

JAMJA raises pre-series A funding of $860,000 in July.

1

Savills becomes exclusive leasing agent of Alpha King projects

Two sign strategic partnership for leasing at a variety of Alpha King developments.

2

Prudential Finance a winner at Global Banking & Finance Review Awards

Insurer picks up Best Consumer Finance Company for Customer Service of the Year 2018 award.

3

Vietnam Airlines launches largest promotional program

"The Gold Autumn 2018" program to run from August 15 until the end of the year.

4

ANZ Vietnam has new CEO

Ms. Jodi West takes up position on August 13.

5

Novaland to build hospitality projects in Can Tho

Developer's projects aimed at sustainable development in Mekong Delta's tourism sector.

6

H?tel des Arts Saigon introduces mooncakes for Mid-Autumn Festival

Four flavors in boxes of four priced at $69.

7

Wink Hotels pioneering affordable luxury

Visionary hospitality concept celebrates local culture at the intersection of tradition and modernity.

8

VinFast working with Siemens to produce electric buses

Vingroup auto maker on track to launch first high-quality eBus by end of 2019.

9

Hung Yen longans to be served on Vietnam Airlines flights

Famed longans from northern province to be part of dessert on flights from August 15.

10

Issue 294

The travel industry, in Vietnam and around the world, is experiencing an unprecedented level of change. Locally, international operators are arriving in increasing numbers and the concept of homestays is beginning to take hold among property owners and tourists alike. The greatest challenge for the industry worldwide, meanwhile, is the advent of new technologies that allow tourists to book virtually every aspect of their holiday online.

Commodities

Crude Oil: $59.48 ? -0.27%
Copper: $2.64 ? 0.38%
Sugar: $134.30 ? 1.21%
Coffee: $12.05 ? -2.19%
Gas: $2.75 ? 0.00%
Corn: $375.25 ? -1.83%

Source: vietstock

Exchange Rates

Unit: VND

NABuySell
EURNANA
GBPNANA
JPYNANA
SGDNANA
USDNANA

Source: Vietcombank

Gold

Unit: milion VND/ounce

Province Buy Sell
SJC NA NA
Ring NA NA

Source: SJC

Weather

Hanoi, vn

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Sky is Clear

NA m/s Light breeze

South-southwest (NA)

NA% NA hPa

BUSINESS SPOTLIGHT

Editor’s letter

Vietnam has seen major growth in the presence of international hotel and resort brands and foreign management companies over the last few years. From 30 hotels and resorts operating under international brands in 2010 there were a total of 79 as at the end of 2017... Our Cover Story this month therefore puts the spotlight on the country’s hospitality sector, with the theme “New trends in the market” and with main angles being innovation in Vietnam’s hospitality sector; the travel business’s increasing reliance on digital information systems and online processes; what hotels are doing to attract more travelers seeking authentic, personalized experiences; the trend towards the home-sharing economy and homestay services; and forecasts on the development of the hospitality sector...(read more)

In this August, The Guide focus is on sports tourism, which is now considered a particularly useful addition to efforts to bolster tourism numbers to the country, which are already growing at an astronomical rate.