08:03 (GMT +7) - Wednesday 15/08/2018
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FastBike Pro launched in HCMC

Business 14/8/2018

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FastGo heads to southern city after initial success in Hanoi.

New Silkroutes Group & EGroup to open dental clinics

Joint venture to establish network of dental facilities and clinics in Vietnam called "The Dental Hub International".

1

Universal Robots keen to expand in Vietnam

Cobot pioneer eyes country's booming automation market.

2

Renkon to bring stylish izakaya dining to HCMC

Latest creation of Eight Four Collective to have grand opening later this month.

3

7M tourism revenue in HCMC up 16.6% y-o-y

Figure at $3.2 billion, representing 54.71% of annual plan.

4

Vinalines announces IPO of its shares

Bid forms will be received from August 8 - 28.

5

Cement Finance changes name to VietCredit

Consumer finance company changes name and launches VietCredit loan card.

6

ANZ: Strong GDP growth to continue

FDI inflows and expanded manufacturing base to sustain high GDP growth, according to bank.

7

August 8: VN-Index gains 1%

Three main Indexes close in positive territory.

8

New Chief Country Officer for Deutsche Bank

Mr. Hans-Dieter Holtzmann to become Chief Country Officer and Head of Global Transaction Banking in Vietnam from August...

9

Two senior police officers disciplined

Two police generals to be demoted to lower rank.

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.